$750,000 - 375 King Street Unit 2509, Downtown Toronto
Condo for Sale in Downtown Toronto
36 days on marketNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13731808
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,698
- Maintenance Fees
- $736/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- CORCORAN HORIZON REALTY
Stunning 1+Den Corner Suite at M5V Condos | Panoramic Views | Expansive Private Terrace to this beautifully featuring breathtaking, unobstructed panoramic views of the Toronto skyline and lake. Bright and inviting, this exceptional residence is filled with natural light and offers a thoughtfully designed layout with modern finishes throughout/**905 sqft cmbd outdr+indr Living Space**. The expansive private terrace is a true standout 209 sq.ft., providing the perfect outdoor extension of your living space. Ideal for entertaining, relaxing, dining outdoors, or enjoying spectacular sunsets, city lights, and sweeping skyline views. The well-appointed interior offers a comfortable and functional layout, while an ***oversized locker 143 sq.ft.*** provides exceptional additional storage. Fitness enthusiasts will appreciate the building's impressive fitness facilities, including a dedicated Peloton room, cardio room, weight room, and strength/training room, plus 30+ exercise machines and workstations. Enjoy a complete workout experience without leaving home. Perfectly located in the heart of downtown Toronto, just steps from King West and the Entertainment District, with acclaimed restaurants, cafés, nightlife, entertainment, shopping, TTC, and more right at your doorstep. A rare opportunity to own a bright and stylish corner suite offering spectacular city and lake views, an expansive private terrace, exceptional fitness amenities, and the very best of downtown Toronto living.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
375 King Street Unit 2509, 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
Premium Pricing
At $1250/sqft, this property is priced above the Downtown Toronto 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.
Market Position
At 36 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. The $736/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 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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.