$1,780,000 - 629 King Street Unit PH1421, Downtown Toronto
Condo for Sale in Downtown Toronto
35 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C13109462
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL ESTATE HOMEWARD
Perched above the vibrant King West neighbourhood, this extraordinary two-storey residence offers a rare blend of architectural sophistication, dramatic scale, and iconic Toronto views. Encompassing approx. 1785 s.f. plus 367 s.f. of outdoor living across two expansive south facing balconies, the suite delivers an elevated downtown lifestyle unlike anything in the area. Floor-to-ceiling windows frame sweeping unobstructed views of the city skyline, lake and CN Tower while filling the home in natural light. Contemporary loft-inspired design elements, including exposed concrete ceilings, rich flooring and refined finishes - create a striking yet welcome atmosphere ideal for both everyday living and stylish entertaining. The spectacular primary retreat is a true showpiece, featuring a spa-inspired marble-clad 6 piece ensuite with free-standing soaker tub , over-sized glass shower, and boutique-hotel ambiance. Generous outdoor balcony terraces on both levels seamlessly extend the living space and provide exceptional vantage points over the city. Complete with 2 adjoining parking spaces and locker, this is a rare opportunity to own a distinctive luxury residence in one of Toronto's most dynamic and sought after neighbourhoods. Ideal for the discerning professional or executive couple, or a buyer seeking a statement property with exceptional presence and lifestyle appeal. And.. mere steps away from the King/Portland restaurant and nightclub vibe - plus the new Ontario Line Transit station at Bathurst once complete!
Estimate your monthly payments for this property
Estimated Payment
$7,873.54/mo
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 Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
629 King Street Unit PH1421, Downtown Toronto / Waterfront
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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 $1113/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.
Market Position
At 35 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.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $7,417 (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.