393 King Street Unit 604, Toronto C01

Price: $471,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: C13463590

Welcome To Your Perfect Downtown Condo. This 1+1drops You Right In The Heart Of The City, Steps From Spadina And The Lake. The Main Large Bedroom With A Large Closet Is Your Retreat. The Den Is Your Power Move, Home Office By Day, Guest Room By Night Or Down The Road, A Nursery For Your Growing Family. The Large Dining Space Is Built For Entertaining, And The 4 Piece Bathroom Gives You Room To Actually Breathe. Smart Thermostat, Ensuite Washer/Dryer, Sleek Kitchen With Quartz Counters, Plus Parking And Locker. Locker Located On The Same Level As The Unit. Big Windows Keep It Bright All Day. Steps From TIFF, CBC, Top Theatres, Great Shopping, Schools Transit Plus The Buzz Of Queen West. Whether It's Your Launch Pad Or The Start Of Your Family's Next Chapter This Condo Has It All!

393 King Street Unit 604 - Condo photo 1 of 22 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$471,000 - 393 King Street Unit 604, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
C13463590
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

Welcome To Your Perfect Downtown Condo. This 1+1drops You Right In The Heart Of The City, Steps From Spadina And The Lake. The Main Large Bedroom With A Large Closet Is Your Retreat. The Den Is Your Power Move, Home Office By Day, Guest Room By Night Or Down The Road, A Nursery For Your Growing Family. The Large Dining Space Is Built For Entertaining, And The 4 Piece Bathroom Gives You Room To Actually Breathe. Smart Thermostat, Ensuite Washer/Dryer, Sleek Kitchen With Quartz Counters, Plus Parking And Locker. Locker Located On The Same Level As The Unit. Big Windows Keep It Bright All Day. Steps From TIFF, CBC, Top Theatres, Great Shopping, Schools Transit Plus The Buzz Of Queen West. Whether It's Your Launch Pad Or The Start Of Your Family's Next Chapter This Condo Has It All!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,416.47/mo

Includes CMHC insurance ($13,141)

$
$
5%10%50%

5-yr fixed avg.

Principal: $423,900Interest: $287,901
Mortgage Amount$437,041
Total Interest$287,901
Est. Property Tax$334/mo
Total Cost$724,942

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

393 King Street Unit 604, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$334
Insurance (est.)-$98
Net Cash Flow+$1,248

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

Competitive Pricing

At $589/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 800 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.

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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    393 King Street Unit 604 | $471,000 | Battaglia Team