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    Toronto / Downtown / King West

    811 - 725 King St W

    For SaleThe Summit III Condos
    $649,000
    1 Bed + 1
    1 Bath
    1 Parking
    600 - 699 SQFT
    22 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $669/mth
    Taxes:
    $2,325 (2024)
    Cost Per Sqft:
    $928 - $1,082/sqft
    Locker:
    Ensuite
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    April 1, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Sliding Doors, Hardwood Floor
    16.5 x 11.91ft
    Dining
    Combined with Living, Pot Lights, Hardwood Floor
    16.5 x 11.91ft
    Kitchen
    Quartz Counter, Open Concept, Backsplash
    8.99 x 8.24ft

    About this Listing

    Move-in ready, resort living right in the heart of King West! Gorgeous Fully Renovated Suite.This Bright & Airy One Bedroom+Den Features Hardwood Floors Throughout, An Open Concept Kitchen W/ Waterfall Quartz Counters, Backsplash & Loads Of Storage, A Large Combined Living/Dining Room, The Perfect Working from home Office Space With Loads Of Natural Light And Views To The North, Stylish large Black Windows+Doors , Large Bedroom And Spa-Like Bathroom W/ White Tiles & Brass Fixtures! En-Suite Locker and Parking! Custom built-in hallway cabinets installed January 2023 for extra storage. One of the best maintained buildings in the City. Unbelievable amenities such as two pools (indoor and outdoor), full size gym, multiple squash courts, car wash station, library, meeting room, BBQs, games room, outside lounge chairs, playground, community garden, visitor parking, and hot tub. The Summit Condos also have a small grocery story on the ground floor which makes living at the Summit ultra convenient.

    international realty firm, inc.MLS® #C11977754

    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%

    Price Trends

    Maintenance Fees

    The Summit III Condos vs The King West Area

    Building Trends At The Summit III Condos

    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