701 King Street W, Unit 1007 — photo 1For sale

This one's priced below recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Niagara

701 King Street W, Unit 1007

Condo Apartment

MLS® #C13858266

Listed for$714,9001 day on market
2 bed 2 bath 1 parking 1000-1199 sq ft~$650/sq ft
  • New this week
  • Listing states: renovated (2024)
  • 12 schools within 1 km
  • Streetcar ~110 m
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Is $714,900 a fair price?

Our read: it’s priced below recent comparable sales — based on 56 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 56 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$4,619/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

12 schools within ~1 km · nearest streetcar ~0.11 km

Property information
What condo buyers ask first
Maintenance fee
$1,035 / month
Fee includes
Water
Square footage
1000-1199 sq ft
Parking
1 space · Underground
Locker
None
Exposure
South East
Balcony
None
Property tax
$3,092 / yr
Building
10-storey building

Property summary

Property type
Condo Apartment
Style
Apartment
Approx. age
31-50 years
Parking
1 space · Underground
Heating
Heat Pump
Air conditioning
Central Air
Basement
None
Kitchens
1
Exterior
Brick
Property tax
$3,092 / yr
MLS®
C13858266

Room dimensions

Kitchenstainless steel appl, renovated, b/i range
Main2.41 × 7.3 m
Living Roomfireplace, broadloom, window floor to ceiling
Main5.58 × 3.54 m
Solariumbroadloom, b/i bookcase, window floor to ceiling
Main2.71 × 2.62 m
Dining Roombroadloom, se view, window floor to ceiling
Main5.58 × 3.54 m
Primary Bedroomlarge closet, broadloom, se view
Main4.76 × 3.23 m
Bedroom 2broadloom, closet, overlooks living
Main3.84 × 2.93 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

501 Adelaide Street W, Unit 306Condo Apartment

$499,999

Below recent sales

501 Adelaide Street W, Unit 306

1 bed · 1 bath·600-699 sq ft·$703/mo fee

Toronto

Listed 2 days ago · RE/MAX Real Estate Centre Inc.

32 Camden Street, Unit 301Condo Apartment

$468,000

In line with recent sales

32 Camden Street, Unit 301

1 bed · 1 bath·500-599 sq ft·$606/mo fee

Toronto

Listed 2 days ago · Fox Marin Associates Ltd.

775 King Street W, Unit 221Condo Apartment

$569,888

Above recent sales

775 King Street W, Unit 221

1 bed · 1 bath·600-699 sq ft·1 parking·$463/mo fee

Toronto

Listed 1 day ago · Sutton Group-Admiral Realty Inc.

170 Fort York Boulevard, Unit 1301Condo Apartment

$558,800

Above recent sales

170 Fort York Boulevard, Unit 1301

1+1 bed · 1 bath·600-699 sq ft·1 parking·$713/mo fee

Toronto

Listed 2 days ago · RE/MAX Excel Realty Ltd.

59 East Liberty Street, Unit 2207Condo Apartment

$949,888

Above recent sales

59 East Liberty Street, Unit 2207

1+1 bed · 2 bath·1000-1199 sq ft·1 parking·$777/mo fee

Toronto

Listed 2 days ago · Elite Capital Realty Inc.

88 Blue Jays Way, Unit 2010Condo Apartment

$420,000

Above recent sales

88 Blue Jays Way, Unit 2010

— bed · 1 bath·0-499 sq ft·$404/mo fee

Toronto

Listed 2 days ago · RE/MAX Condos Plus Corporation

The numbers that matter
The numbers that matter
Maintenance fee
$1,035/mo
Property tax
$3,092/yr
Est. all-in
~$4,619/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • St Mary Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.3 km
  • Niagara Street Junior Public SchoolPublic · Elementary · Toronto DSB0.4 km
  • ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.5 km
  • Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.5 km
  • Discovering Minds Montessori Preschool IPrivate · Elementary & Secondary · ..0.6 km
  • Charles G Fraser Junior Public SchoolPublic · Elementary · Toronto DSB0.8 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Tecumseth StreetNearest transit · Streetcar~110 m
  • University / King Southwest corner (on King)Nearest subway · Subway~1.6 km
  • ExhibitionNearest GO / rail · GO / regional rail~1.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto
$938KMedian sold
32Median days on market
98.6%Sale-to-list
Median sold price · Toronto1-yr +10% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details

Welcome to Suite 1007 at The Summit, one of Toronto's most notable & enduring buildings in the downtown landscape! The Summit has stood the test of time when it comes to condo living, built in an era when buildings were designed with space, quality & longevity in mind. Nearly four decades later, that sentiment still rings true with maintenance fees of under $1.00/sqft., a reflection of a well-established & efficiently managed building. Step inside & you're immediately greeted by the charm & warmth of a home that has been lovingly owned & cared for by the same owner for 37 years. The custom-built media unit is an entertainer's dream & perfectly separates the living room from the kitchen (renovated, 2024), primary bathroom (renovated, 2024) & bedroom areas. The living room is one of the rarest in the downtown core, offering the homeowner a cozy wood-burning fireplace - a feature only available to similar suites from the 9th floor to the penthouse. There is a sense of character & comfort here that is increasingly difficult to find in today's newer, more compact condo spaces. Perfectly positioned at King & Bathurst, this is downtown Toronto living at its finest. With a Walk Score of 99, the location truly puts the best of the city right outside your door. The King West strip, Queen West, restaurants, cafés, nightlife, shopping & everyday conveniences are all within easy reach. Enjoy a morning coffee at Forno Culture, stop by Harriet's Rooftop for a meal / happy hour, & finish off your evening with a drink at the Wheat Sheaf! You're also just minutes from the Entertainment District, Rogers Centre, CN Tower, & waterfront. Beyond the nearby amenities, The Summit offers an impressive list of in-house amenities, including indoor & outdoor pools, fitness facilities, recreational spaces, squash courts, a hot tub, security & beautifully maintained grounds. The laundry room is on the same level as the unit. Don't miss this chance to upgrade your lifestyle & call suite 1007 home!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.