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    213 - 725 King St W

    For SaleThe Summit III Condos
    $598,888
    2 Beds + 1
    1 Bath
    1 Parking
    900 - 999 SQFT
    5 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $827/mth
    Taxes:
    $2,603 (2024)
    Cost Per Sqft:
    $599 - $665/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    March 31, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Laminate, O/Looks Dining
    12.99 x 9.68ft
    Dining
    Open Concept, Laminate, Windows Floor to Ceiling
    13.42 x 8.24ft
    Prim Bdrm
    Laminate, Large Closet, Windows Floor to Ceiling
    12.83 x 9.84ft

    About this Listing

    Looking for a spacious and light-filled condo in the heart of King West? This 2-bedroom + den, corner unit at The Summit offers exactly that. This move-in ready two bedroom unit offers functional layout, oversized windows, and a warm, inviting atmosphere - a rare find in the neighbourhood. Step inside and instantly feel at home! The open living and dining area is bright and airy, offering plenty of space to entertain or unwind after a long day. The kitchen features full-sized appliances and a smart layout, perfect for those who love to cook and entertain. Both bedrooms are generously sized with ample storage, while the enclosed den is the ideal home office, creative space, or cozy reading nook.The location is unbeatable! In the heart of King West, you are just steps from Stanley Park, a short walk to Trinity Bellwoods, and minutes from STACKT Market. You'll have access to the city's best local food, coffee, and boutique shopping. The top restaurants, bars, and nightlife in Toronto are all at your doorstep, along with every other every day essentials you could possibly need. With streetcars at your doorstep and easy access to the Gardiner and DVP, commuting anywhere in the city is effortless. Life at The Summit is more than just a place to live - it's a true community with amenities designed for comfort and convenience. Unwind in the indoor & outdoor pools, relax in the sauna & hot tub, or stay active in the fully equipped gym, yoga studio or 1 of the 8 squash courts. The beautifully landscaped private green space and bbq area offers a rare retreat in the city, while the media lounge, library & party room provide plenty of options for entertaining or relaxing. With 24/7 concierge service, visitor parking, and a strong sense of community, The Summit offers a lifestyle thats hard to match. If you're looking for a home thats spacious, central, stylish, practical, and filled with warmth & character, this one is not to be missed. Book your private showing today!

    real broker ontario ltd.MLS® #C12006053


    Amenities

    Visitor Parking
    Squash Court
    Party Room
    Rec Room
    Concierge
    Security System

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Maintenance Fees

    The Summit III Condos vs The King West Area

    Days on Strata

    Units at The Summit III Condos spend an average of
    6
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    10.3
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit III Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    The Summit III Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    The Summit III Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    The Summit III Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 725 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$625,000No DataNo Data
    Avg. Cost Per SqftNo Data$854No DataNo Data
    Avg. Wait for Unit Availability1343 Days88 Days453 Days301 Days
    Ratio of Units in Building10%61%10%20%

    Transactions vs Inventory

    Total number of units listed and sold in King West