1030 KING Street Unit 319, Toronto C01

Price: $549,900

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13188094

Welcome to 1030 King St West in the heart of vibrant King West! This highly sought-after building offers the perfect blend of urban convenience and modern living. Featuring a functional open-concept layout with no wasted space, this suite boasts a bright kitchen and living area with walk-out to a spacious rare terrace overlooking the peaceful courtyard. Enjoy being just steps to groceries, restaurants, cafés, transit, nightlife, and all the incredible amenities King West has to offer.An exceptional opportunity in one of Toronto's most desirable neighbourhoods!

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$549,900 - 1030 KING Street Unit 319, Downtown Toronto

Condo for Sale in Downtown Toronto

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13188094
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
HOMELIFE/5 STAR REALTY LTD.
Description

Welcome to 1030 King St West in the heart of vibrant King West! This highly sought-after building offers the perfect blend of urban convenience and modern living. Featuring a functional open-concept layout with no wasted space, this suite boasts a bright kitchen and living area with walk-out to a spacious rare terrace overlooking the peaceful courtyard. Enjoy being just steps to groceries, restaurants, cafés, transit, nightlife, and all the incredible amenities King West has to offer.An exceptional opportunity in one of Toronto's most desirable neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1030 KING Street Unit 319, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$880

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1030 KING Street Unit 319 | $549,900 | Battaglia Team