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    for sale
    33 Days on Strata

    813 - 701 King St W

    $724,000
    2 Beds
    1 Bath
    1 Parking
    1,000 - 1,199 SQFT
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    Price History


    Maintenance Fees:
    $857/mth
    Taxes:
    $2,926 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $604 - $724/sqft
    Outdoor Space:
    None
    Locker:
    None
    Possession Date:
    Oct 27
    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

    A rare find! Step into your new King St West condo where functional meets fabulous. Bright and spacious, this move-in ready space is comfortable and classy. From the moment you walk in, you will be greeted with natural light from the east-facing windows and an open concept living space that makes the most of its spacious feel. Cozy nights in or dinner parties await you in your future sun room or home office, which boast floor to ceiling windows, offering sweeping city and CN Tower views from every room in the unit.The kitchen is efficient and perfect for home cooks who like their space. Complete with a breakfast bar for entertaining and loads of cabinet space.The unit offers lots of en-suite storage, including a custom California Closet in the master bedroom to maximize your space. With your unit comes an owned parking spot and resort style amenities such as a 24-hour concierge, a full gym, indoor and outdoor swimming pools, hot tub, sauna, squash courts, gaming room, workshop rooms (leaseable up to a week) and private movie theater. A lush private garden with BBQs is an outdoor space perfect for socializing and pets, and offers a playground for children with a large open grass area to play. The Summit is a downtown condo that really has it all. The sought-after King West district is rated as one of Toronto's most vibrant and dynamic neighbourhoods with lots of walkable hot spots and transit friendly flexibility with the TTC right at your doorstep and the Ontario Line on its way. Walk to Farm Boy, Loblaws, Toronto Public Library, parks, The Waterfront, Queen St. West and more.

    fr capital realty advisory services inc.MLS® #C12472929

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    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
    22.74 x 12.17ft
    Combined with Dining, Combined with Kitchen, Windows Floor to Ceiling
    Kitchen
    11.68 x 7.74ft
    Open Concept, Breakfast Bar, Modern Kitchen
    Primary
    17.75 x 12.17ft
    Built-in Closet, Mirrored Closet, East View
    2nd Bedroom
    14.5 x 9.15ft
    Mirrored Closet, East View, Large Window
    Bathroom
    9.15 x 5.68ft
    Marble Sink, Soaker, Tile Floor
    Utility
    9.15 x 3.9ft
    Walk-in Closet, Built-in Shelves

    Buyer's Market
    Balanced
    Seller'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.

    Mortgage Calculator


    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$610,000$720,000$755,000 - $805,000
    Avg. Cost Per SqftNo Data$742$768$731
    Avg. Wait for Unit Availability1010 Days104 Days476 Days83 Days
    Ratio of Units in Building6%34%11%51%

    Market Inventory

    Total number of units listed and sold in King West