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    for rent
    53 Days on Strata
    Est Lease Timeframe:
    31 Days

    PH13 - 701 King St W

    $3,000/mth
    2 Beds + 1
    1 Bath
    1 Parking
    1,000 - 1,199 SQFT
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    Price History


    Property Type:
    Condo
    Possession Date:
    Now
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Enclosed/Solarium
    Laundry:
    None
    Locker:
    Ensuite
    Exposure:
    East

    Amenities

    Concierge
    Visitor Parking
    Gym
    Security System
    Squash Court
    Party Room
    Outdoor Pool
    Rec Room
    Indoor Pool
    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Experience spacious downtown living with a penthouse view in the highly desirable and rarely available "Summit" building. This 1,100-square-foot suite offers ample storage and comfortable living spaces. The penthouse features a wood-burning fireplace, en suite storage locker, and a bright living and dining area with floor-to-ceiling windows.The unit includes one underground parking spot near the building entrance. A washer and dryer are conveniently located on the same floor. The master bedroom can easily accommodate a king-sized bed, an elliptical trainer, and a full furniture set. Both bedrooms are ideal for separate work-from-home setups.Residents enjoy resort-style amenities included in the rent, eliminating additional gym fees. Amenities include indoor and outdoor pools, a large gym with free weights and cardio equipment, squash courts, sauna and spa facilities, BBQ areas, a large gated outdoor courtyard with picnic tables, lounge chairs, and a children's playground, party room, business centre, meeting rooms, library, movie theatre, game room, on-site grocery store, 24/7 concierge and security, visitor parking, and exercise classes.Located in Toronto's vibrant King West neighbourhood, the building is steps from top restaurants, cafes, shopping, and a short walk to Trinity Bellwoods Park, dog park, and community centre. Nearby attractions include Billy Bishop Airport, Exhibition Place, BMO Field, Metro Toronto Convention Centre, Fort York, Queen Elizabeth Centre, the University of Toronto, Toronto Western Hospital, and CF Toronto Eaton Centre. Transit is accessible on King and Bathurst, with a new subway station being built just steps from the building.This move-in-ready suite is ideal for families or professionals seeking a spacious, quiet, and well-maintained home with resort-style amenities in a prime Toronto location.

    royal lepage our neighbourhood realtyMLS® #C12434983

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Heat Pump
    Heat Source
    Electric
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    12.24 x 11.84ft
    hardwood floor, Fireplace, Pot Lights
    Dining
    11.75 x 9.25ft
    Windows Floor to Ceiling, hardwood floor, East View
    Kitchen
    11.75 x 7.64ft
    Stainless Steel Appliances, Tile Floor, Breakfast Bar
    Primary
    14.37 x 11.91ft
    hardwood floor, Large Closet, Window
    2nd Bedroom
    14.01 x 9.12ft
    hardwood floor, Window, East View
    Solarium
    11.75 x 9.25ft
    hardwood floor, Combined with Dining, East View

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at The Summit Condos spend an average of
    11
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    13.3
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    75th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit Condos offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    The Summit Condos has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    The Summit Condos yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    The Summit Condos is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at The Summit Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$2,645 - $2,850$3,750$3,390 - $3,600
    Avg. Wait for Unit Availability645 Days238 Days391 Days74 Days
    Ratio of Units in Building6%34%11%51%

    Market Inventory

    Total number of units listed and leased in King West