$665,000 - 560 King Street Unit 213, Downtown Toronto
Condo for Sale in Downtown Toronto
83 days on market- MLS Number
- C12917806
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- EXP REALTY
Welcome to Fashion House - one of Toronto's most coveted boutique residences, masterfully developed by Freed and architecturally designed by CORE Architects. Perfectly positioned in the heart of King West, this celebrated address places you above The Keg, beside Wilbur, and directly across from Rodney's Oyster House and Mademoiselle - immersed in Michelin Guide dining, world-class nightlife, and the city's most electric energy. This sun-filled corner loft offers a rare split 2-bedroom, 2 bathroom design with almost 800 square-feet of living area and southeast exposure, delivering breathtaking city views through floor-to-ceiling windows. Inside, 9 foot exposed concrete ceilings, sculptural columns, and a seamless open-concept layout create an effortlessly cool, gallery-like atmosphere. The Scandinavian-inspired kitchen features sleek finishes and bar seating, offering a perfect view of the living and dining space-ideal for entertaining or elevated everyday living. The primary suite is a serene retreat with dramatic windows, frosted sliding closet doors, and a spa-inspired ensuite complete with a soaker tub. A thoughtfully placed guest bathroom offers a generously sized walk-in shower. Owned parking and a locker complete this highly functional and stylish home. Designed for those who prioritize health, wellness, and lifestyle, you're within a 10-minute walk to Toronto's top fitness and wellness destinations, including Sweat & Tonic, Othership, Hammam, Studio Lagree, F45, One Academy, YMCA, GoodLife, Totum, and more. Whole Foods is opening across the street! Residents enjoy resort-style amenities, including a stunning infinity pool with cabanas, a fully equipped gym, and an elegant party room. TTC is at your doorstep, steps to the future Ontario Line, five minutes to the waterfront, and minutes to the Financial District, TIFF, theatre district, DVP, and Gardiner. Heat, A/C, gas, and water are included-hydro is the only extra. This isn't just a condo. It's a lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$3,411.79/mo
Includes CMHC insurance ($18,554)
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.
560 King Street Unit 213, 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 $950/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.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 700 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 $2,771 (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.