$789,999 - 629 King St W Street Unit PH1411, Downtown Toronto
Condo for Sale in Downtown Toronto
54 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C13124260
- Property Type
- Condo
- Status
- active
- Days on Site
- 54
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- BREWING BROKERS REALTY INC.
This stunning penthouse suite at 629 King St W offers sophisticated urban living with unmatched views and thoughtful design. Spanning 792 sq. ft. (713 sq. ft. interior + 79 sq. ft. balcony), this one-bedroom, two-bathroom residence features floor-to-ceiling windows that flood the space with natural light from morning to night, showcasing breathtaking northwest views and unforgettable summer sunsets.The open-concept layout is anchored by a modern kitchen complete with full-sized appliances and a generous islandperfect for everyday living or entertaining. The renovated bathrooms include a stylish Muti vanity and LED mirrors, while custom built-ins provide added functionality and flair.Step onto the spacious balcony equipped with a gas BBQ hook-up, and soak in the vibrant energy of King West belowhome to Torontos newest hotspots including Earls, King Taps, and the upcoming Equinox gym and Wholefoods.With a Walk Score of 98, everything is within reach: grocery stores, coffee shops, fitness studios, and easy TTC access. Plus, the future Ontario Line and King station will further elevate connectivity.
Estimate your monthly payments for this property
Estimated Payment
$4,053.10/mo
Includes CMHC insurance ($22,041)
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 St W Street Unit PH1411, 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 $1129/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 54 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.
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 $3,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.