$534,900 - 801 King Street Unit 627, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13771722
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $2,451
- Maintenance Fees
- $805/mo
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to CitySphere - an exceptional opportunity to own a spacious 1-bedroom plus den suite in the heart of King West! This well-maintained unit offers the same great layout and open-concept living space the building is known for, with the former solarium opened to the living area creating a bright, generous space framed by floor-to-ceiling windows. The functional kitchen offers solid prep space and flows seamlessly into the living and dining area, perfect for everyday living and entertaining. The bedroom features a large closet with extensive shelving - a feature rarely found in comparable suites - while the versatile den is ideal as a home office, guest space, or whatever best suits your lifestyle. Laminate flooring and window seating throughout add warmth and character. CitySphere stands out for its extensive recreation and outdoor amenities, including a rare private tennis court, Playground, and expansive rooftop garden and terrace with hot tub, running track, BBQs, multiple seating areas, and stunning skyline and lake views. Indoor amenities include a fitness centre, dry sauna, steam room, and large party/meeting room, plus 24-hour concierge, visitor parking, and secure bicycle storage. Maintenance fees include heat, hydro, A/C and water - only internet and cable extra!Located in the heart of King West, you're steps to streetcars and public transit, Stanley Park, Trinity Bellwoods Park, Stackt Market, the Entertainment District, and an outstanding selection of restaurants, cafes and nightlife. This is a fantastic opportunity to get into one of King West's most amenity-rich buildings. You won't be disappointed!
Estimate your monthly payments for this property
Estimated Payment
$2,744.31/mo
Includes CMHC insurance ($14,924)
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 Niagara
Niagara 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 Niagara
- •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
Niagara 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.
801 King Street Unit 627, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $892/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 26 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 $805/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 Niagara
I know Niagara 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 $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.