Condo for sale at 1601-1 King Street, Toronto, Ontario, M5H 1A1 - Bay Street Corridor - MLS: C12271759

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1601-1 King Street

Toronto, Ontario, M5H 1A1 - Bay Street Corridor

$375,000

Neighbourhood

Bay Street Corridor
Major Intersection

Yonge St /King St W

Listed Since: 11 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

500-599
Exposure

North
Total Parking

n/a
Maintenance

$776
Taxes

$2,332.00 (2024)
Balcony

None

Property Description

Property description for 1601-1 King Street, Toronto

Experience the perfect blend of heritage charm and contemporary convenience in this exceptional suite at the iconic One King St. W. Residences. Situated in the heart of Toronto's Financial District, this bright and spacious unit features soaring 12-foot ceilings and expansive windows with vibrant views of King Street. The open-concept layout is ideal for both comfortable living and professional use, while the generously sized primary bedroom offers a peaceful retreat complete with a 4-piece ensuite and a deep soaker tub. Residents enjoy a full-service lifestyle with access to world-class amenities including direct access to the PATH and subway, 24-hour room service, security, housekeeping, and meeting rooms. Some of Toronto's finest restaurants, shops, and the Eaton Centre are just steps away, and the Gardiner Expressway is minutes from your door. This unit is currently rented to A+++ tenants who are willing to stay, making it an ideal opportunity for both end-users and investors seeking immediate, stable rental income. Don't miss your chance to own a piece of Toronto's history combined with the ultimate in downtown convenience and luxury.

Listed by RE/MAX WEST REALTY INC.

Property details

MLS #

C12271759
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

City
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Exercise Room,Guest Suites,Party/Meeting Room
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Y.L Hendler
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12271759
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

City
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Exercise Room,Guest Suites,Party/Meeting Room
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Y.L Hendler
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

5.52 x 4.12 ft Main level

Laminate, Open Concept, Combined W/Living
Living

5.52 x 2.64 ft Main level

Laminate, Open Concept, Combined W/Kitchen
Primary

4.75 x 3.2 ft Main level

Laminate, Window
Den

2.57 x 1.91 ft Main level

Laminate, Window

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1601-1 King Street, Toronto

This property has been sold 23 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Local Real Estate Price Trends for Condo Apt in Bay Street Corridor

Active listings

307

Average Selling Price of a Condo Apt

June 2025

$831,262

Last 3 Months

$794,121

Last 12 Months

$828,240

June 2024

$882,417

Last 3 Months LY

$908,489

Last 12 Months LY

$894,987

Change

-6%

Change

-13%

Change

-7%

Historical Average Selling Price of a Condo Apt in Bay Street Corridor

Average Selling Price

3 years ago

$843,956

Average Selling Price

5 years ago

$856,139

Average Selling Price

10 years ago

$538,532

Change

-2%

Change

-3%

Change

54%

How many days Condo Apt takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

31%

Change

43%

Change

39%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.