Building Details
Listing History for The Summit III Condos
Amenities
Maintenance Fees
About 725 King Street W — The Summit III Condos
Anyone who’s seeking a Toronto condo for sale should definitely consider The Summit III Condos at 725 King Street W. Toddglen completed this building back in 1985, but unlike other buildings of that age, maintenance fees are actually quite high at $1.03 per-square-foot. The building is 13 storeys tall and is home to 160 suites. Units start at 647 square feet on the low end, and can go up to 1137 square feet.
This condo has an above average Walk Score of 98 and a high demand ranking, based on Strata.ca stats. Maintenance fees at 725 King Street W are $1.03 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
The average cost per-square-foot for a unit at 725 King Street W is $829, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.
Units at The Summit III Condos spend 3 days on the market on average and usually sell for 5.95% above the listing price. In the last 12 months, 5 units have rented, and 2 have sold.
The Neighbourhood
This is a great choice for foodies — with restaurants like Pita Choice, Ichiban Sushi and Rosina Restaurant nearby, the only issue will be picking just one. With cafes such as Tim Hortons, McDonald's and Second Cup only a short 3-minute walk away, grabbing a coffee while living at The Summit III Condos is a breeze.
Grocery shopping can feel like a chore — but not when The Kitchen Table, International News and Harrington Fine Foods are just an easy 8-minute walk away.
Residents here can stop by Scotiabank and RBC Royal Bank on their way home from work, so they can take care of their financial needs.
Whether you're looking to play, exercise or gather with friends — nearby parks like Summit courtyard, Summit Dog Park and Musée Parkette are the perfect spot for all kinds of activities.
Enhance your personal style while living in the King West neighbourhood by visiting The Village Co, Modular Market and Shoppes on Queen West.
Art and culture seekers can enjoy amazing attractions nearby like David Crighton Art and Birch Contemporary, less than 5 minutes walking distance from here. CineCycle is just a short drive away for movie nights.
With St. Mary Catholic Elementary School, Niagara Street Junior Public School and ALPHA Alternative Junior School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. This location is a great choice for families who are seeking top-notch educational institutions like E F High School Year, Oasis Alternative Secondary School and Apex Academy Online.
Transportation
With a 98 walk score, public transit users can reach the nearest light transit stop at King St West At Tecumseth St in just minutes. Those who live in the area can easily drive to Osgoode, just 4 minutes from the building.
Curious about similar condos in the area? Check out 705 King Street W, 701 King Street W and 570 Wellington Street W — all within walking distance.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Summit III Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 725 King Street W
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $625,000 | $800,000 | No Data |
Avg. Cost Per Sqft | No Data | $770 | $842 | No Data |
Price Range | $2,500 | $2,700 | No Data | $3,150 - $3,400 |
Avg. Wait for Unit Availability | No Data | 81 Days | 453 Days | 301 Days |
Avg. Wait for Unit Availability | 587 Days | 94 Days | 552 Days | 656 Days |
Ratio of Units in Building | 7% | 64% | 13% | 18% |
Unit Sales vs Inventory
Total number of units listed and sold in King West