168 King Street Unit 1604, Toronto C08

Price: $849,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13873794

Rarely Offered South-Facing Penthouse | Lake & CN Tower Views | Bespoke Designer Renovation | Private Terrace | Parking + Locker. Suite 1604 at 168 King St E is a distinctive 677 sq. ft. 1+1 bedroom penthouse in the heart of downtown Toronto. South-facing and elevated above the city, it offers sweeping views of the St. Lawrence Market neighbourhood, downtown skyline, CN Tower and Lake Ontario. Thoughtfully redesigned with $175,000+ in custom upgrades, this one-of-a-kind residence combines sophisticated design, exceptional craftsmanship and functionality.The bespoke kitchen features extensive custom millwork, fully integrated Fisher & Paykel refrigerator/freezer, dishwasher and wine fridge, Bosch induction cooktop and convection oven, custom swing-out pantry and abundant storage. Premium honed Dolce Vita stone countertops and backsplash create a striking focal point.Wide-plank white oak flooring, custom lighting and fixtures, pre-set dimmers and hand-crafted Studio La Beaute curtains create a warm, refined atmosphere. The former den was transformed in 2023 into a custom walk-in dressing room with roll-out shelving, illuminated closet rods, custom drawers, built-in mirror and floor-to-ceiling storage. Both bathrooms feature custom millwork, Dolce Vita stonework and integrated storage. The ensuite includes a deep soaker tub with shower and custom swing-out glass door. A custom entrance console conceals a drop-down workspace with integrated electrical outlets.The private terrace features KANDY outdoor flooring installed in 2023, panoramic city and lake views and direct bedroom access through a Phantom-screened sliding door. Additional upgrades include a 2025 paint refresh and new heat pump/air conditioning system installed May 2025.Steps from St. Lawrence Market, Financial District, waterfront, restaurants, cafés, shops and transit, with easy access to the Gardiner and DVP.Includes one parking space and one locker.

168 King Street Unit 1604 - Condo photo 1 of 41 in Regent Park / Cabbagetown / St. James Town, Ontario
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$849,000 - 168 King Street Unit 1604, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed today

Neighbourhood: Moss Park

2Beds
2Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13873794
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2026)
$3,675
Maintenance Fees
$961/mo
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Rarely Offered South-Facing Penthouse | Lake & CN Tower Views | Bespoke Designer Renovation | Private Terrace | Parking + Locker. Suite 1604 at 168 King St E is a distinctive 677 sq. ft. 1+1 bedroom penthouse in the heart of downtown Toronto. South-facing and elevated above the city, it offers sweeping views of the St. Lawrence Market neighbourhood, downtown skyline, CN Tower and Lake Ontario. Thoughtfully redesigned with $175,000+ in custom upgrades, this one-of-a-kind residence combines sophisticated design, exceptional craftsmanship and functionality.The bespoke kitchen features extensive custom millwork, fully integrated Fisher & Paykel refrigerator/freezer, dishwasher and wine fridge, Bosch induction cooktop and convection oven, custom swing-out pantry and abundant storage. Premium honed Dolce Vita stone countertops and backsplash create a striking focal point.Wide-plank white oak flooring, custom lighting and fixtures, pre-set dimmers and hand-crafted Studio La Beaute curtains create a warm, refined atmosphere. The former den was transformed in 2023 into a custom walk-in dressing room with roll-out shelving, illuminated closet rods, custom drawers, built-in mirror and floor-to-ceiling storage. Both bathrooms feature custom millwork, Dolce Vita stonework and integrated storage. The ensuite includes a deep soaker tub with shower and custom swing-out glass door. A custom entrance console conceals a drop-down workspace with integrated electrical outlets.The private terrace features KANDY outdoor flooring installed in 2023, panoramic city and lake views and direct bedroom access through a Phantom-screened sliding door. Additional upgrades include a 2025 paint refresh and new heat pump/air conditioning system installed May 2025.Steps from St. Lawrence Market, Financial District, waterfront, restaurants, cafés, shops and transit, with easy access to the Gardiner and DVP.Includes one parking space and one locker.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

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5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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: Moss Park

Discover Moss Park

Moss Park 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 Moss Park

  • •Convenient location in Regent Park / Cabbagetown / St. James Town
  • •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

Moss Park 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

168 King Street Unit 1604, Regent Park / Cabbagetown / St. James Town

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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)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$961
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$461

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

Premium Pricing

At $1415/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown'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. The $961/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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.

About Moss Park

I know Moss Park 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: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    168 King Street Unit 1604 | $849,000 | Battaglia Team