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              #609 701 King Street West

              near King And Bathurst
              $749,900 2+1bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $80,213
              Population Age
              40 y/old
              School Score
              7.25/10
              Price Index Change 1y
              +8.17%
              Price Index Change 3y
              +35.02%
              Rent Index Change 1y
              -7.59%
              Rent Index Change 3y
              +8.74%

              Condo Apt • Apartment #609 • 6 Level

              #609 701 King Street West, Niagara, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure E
              • age n/a
              • locker Ensuite
              • possession

                Immediate

              $749,900

              $2,386.83
              Tax yr: 2020

              $808.61/m

              CALCULATED NUMBERS:

              $2814.00

              calculator

              $3676

              4

              7.25/10

              Location Details
              • Toronto

              • Toronto

              • Niagara

              • King And Bathurst

              • M5V2W7

              • Residential

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

              Property Overview
              Sweet Suite & Price For This @1050 Sf Condo In The Heart Of King West. Large Updated Kitchen, New S/S Appliances And Wide Plank Laminate T/Out And Freshly Painted & The Den Has Been Opened Up Top Create Great Flow And Yet Private If Needed To Work From Home. Very Well Run Bldg W/ A Ton Of Amenities. Urban Lifestyle At Your Door Step With Tons Of Eateries For Takeout, Parks For Walks And To Socialize Safely.
              Extras: Stainless Steel Stove, Fridge, Hood Vent (2020) And Built In Dishwasher. All Window Coverings And Light Fixtures. Brand New Flooring (2020).
              Video tour available. Click to watch.
              Property Features
              • Gym
              • Indoor Pool
              • Outdoor Pool
              • Common Elements Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Condo Taxes Included
              • Ensuite Laundry
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Living
              • Main Level
              • Laminate
              • Combined W/Dining
              • Open Concept
              Dining
              • Main Level
              • Laminate
              • Combined W/Living
              • Open Concept
              Kitchen
              • Main Level
              • Ceramic Floor
              • Updated
              • Stainless Steel Appl
              Master
              • Main Level
              • Laminate
              • 3 Pc Ensuite
              • Double Closet
              2nd Br
              • Lower Level
              • Laminate
              • East View
              • Double Closet
              Den
              • Main Level
              • Laminate
              • East View
              Basement
              • None
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              • Listing added to site: 2020-11-20 10:06:52
              • Last updated: 2020-11-20 11:18:03
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-19
              • Input date: 2020-11-20
              • Expiry date: 2021-01-19
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              609 701 King Street West is a condo apt apartment, located in Niagara of city of Toronto, Toronto region, near King And Bathurst, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 6 of the building and has East exposure of King W St. Condo registry office is MTCC, corporation number 648.

              Lot Size and Living Area:

              609 701 King Street West has 6+0 rooms in total, including 2+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1000-1199 square feet.
              1.0 parking space(s) are exclusive and located undergrnd at level E14 . The locker is ensuite. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Heat Pump and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Motivated Seller Indications, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              609 701 King Street West condo apt is listed for $749,900. Property tax for year 2020 was $2,387. And the monthly maintenance fee was $809.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $810,373.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,814, and total expenses, including the mortgage, property tax and maintenance, fee around $3,080, assuming $749,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 609 701 King Street West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Niagara, where 701 King Street West is located, has $746,854 Home Price Index, and $2,363 Home Rent Index. Average household income at dissemination area of 701 King Street West is $80,213, and average polulation age is 40 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,864, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 609 701 King Street West 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 701 King Street West.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Niagara neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 701 King Street West, or schools, which boundaries this address belongs to with an average School Score 7.25 out of 10. Here are more details about these schools:
              1. Niagara Street Junior Public School (Grades JK–06), Public, Elementary, ranked as Good.
              2. Parkdale Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              609 701 King Street West Listings History Powered by AIDA
              Niagara, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 60 to 73 properties like that to be sold in Niagara during the next 30 days.
              Seasonal sales fluctuation is showing 31% inventory increase comparing to the average annual number, which is equvalent to 50.75 properties sold per month, and 4% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 10 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 17% D.O.M. increase comparing to the average annual number, which is equvalent to 13 D.O.M., and 7% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Niagara.
              The selling to asking price ratio is declining in Niagara.
              This property has been on the market for less than average number of days it takes a home to sell in Niagara (15.5) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4995266 Comparative Market Analysis
              609 701 King Street West Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Niagara, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +8.17% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +35.02% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was -7.59% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +35.02% comparig to the City of Toronto average of +5.525%

              Walkscore

              No sufficient data available

              Transitscore

              No sufficient data available

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.25 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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