$553,000 - 650 King Street Unit 701, Downtown Toronto
Condo for Sale in Downtown Toronto
160 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C12707694
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RARE REAL ESTATE
Discover urban living at its best in this stylish 1-bedroom condo at the sought-after 650 King West residences. Perfectly located at King & Bathurst, this modern suite offers an unbeatable balance of comfort, efficiency, and vibrant city life.The open-concept layout maximizes every inch of space, featuring floor-to-ceiling windows that flood the home with natural light and create a bright, inviting atmosphere. The sleek kitchen is equipped with modern cabinetry, integrated appliances, and ample counter space ideal for cooking or entertaining. The living area flows seamlessly to a private balcony, offering a perfect spot to relax or take in the energy of King West.The bedroom is well-designed with room for a queen bed and storage, while the spa-inspired bathroom boasts premium finishes. Additional features include in-suite laundry, a heat pump for efficient heating and cooling, and thoughtful design details that elevate the living experience.Low monthly condo fees cover essentials, keeping costs manageable, and property taxes remain very reasonable. Residents of 650 King enjoy the convenience of a boutique building with secure entry, underground parking options, and excellent noise insulation thanks to its concrete construction.Step outside and you're in the heart of one of Torontos most dynamic neighbourhoods surrounded by trendy restaurants, coffee shops, boutiques, and nightlife. With a near-perfect Walk Score and TTC at your doorstep, commuting and city exploring are effortless.Whether you're a first-time buyer, investor, or looking for a pied-à-terre in downtown Toronto, this suite offers incredible value in one of the citys most desirable areas.
Estimate your monthly payments for this property
Estimated Payment
$2,837.18/mo
Includes CMHC insurance ($15,429)
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.
650 King Street Unit 701, 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
Negotiation Opportunity
At 160 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 0 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 $2,304 (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.