$514,900 - 1030 King Street Unit 418, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13246562
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Gorgeous *Open Concept* Suite In Highly Sought After Community! Amenity Rich Urban Living In The Heart Of Vibrant King West District, Rare Terrace Balcony Overlooking Peaceful Zen Courtyard, Glowing From Top To Bottom With Homeownership Pride, Modern & Sleek Finishes - No Expense Spared! Soaring High Ceilings, Gleaming Wood Flooring Throughout, Professionally Painted, Truly The Epitome Of Executive Downtown Living! Generously Sized Bedroom Plus Bonus Room Ideal For Workspace Or Extra Lounge Space, Spacious Layout Ideal For Entertaining Without Compromising Privacy! Plenty Of Natural Light Pours Through The Massive Floor To Ceiling Windows, Beautiful Flow & Transition! Perfect Investment, Starter Or Downsize Home, Surrounded By All Amenities Including Trails, Parks, Playgrounds, Golf, & Highway, Ample Parking, Meticulously Maintained Building & Low Maintenance Fees, Packed With Value & Everything You Could Ask For In A Home So Don't Miss Out!
Estimate your monthly payments for this property
Estimated Payment
$2,641.70/mo
Includes CMHC insurance ($14,366)
5-yr fixed avg.
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.
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
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.
1030 King Street Unit 418, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1030/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 500 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 $2,145 (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.