$475,000 - 629 King Street Unit 1207, Downtown Toronto
Condo for Sale in Downtown Toronto
35 days on marketNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13738736
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $3,145
- Maintenance Fees
- $544/mo
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HAZELTON REAL ESTATE INC.
Welcome to 629 King St W, ideally positioned in the heart of one of Toronto's most vibrant and sought-after neighborhoods. This beautifully maintained 575 sq. ft. suite offers an efficient, functional layout plus a 75 sq. ft. balcony with clear south-facing views. Perched on the 12th floor, the suite rises above the neighboring building, providing excellent natural light and an open outlook rarely found in the heart of King West. Professionally painted and cleaned, with new flooring installed approximately two years ago, the unit shows beautifully and feels virtually brand new. Step outside and experience everything King West has to offer. Some of Toronto's best restaurants, cafés, nightlife, fitness studios and shopping are at your doorstep, with Queen West, Trinity Bellwoods, The Well, Stackt Market, the Entertainment District and the waterfront all within easy walking distance. The 504 King streetcar provides convenient access across downtown, while the Gardiner Expressway is only minutes away. Adding significant future connectivity is the new Ontario Line King-Bathurst subway station currently under construction just steps from the building. Once complete, residents will have rapid-transit access at the neighborhood's doorstep, connecting King West directly into Toronto's expanding subway network and further strengthening this already exceptional downtown location. An outstanding opportunity to own a turnkey suite in a neighborhood that combines lifestyle, walkability, transit and long-term appeal.
Estimate your monthly payments for this property
Estimated Payment
$2,437.00/mo
Includes CMHC insurance ($13,253)
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 1207, 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 $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.
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. The $544/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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.
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.