Condo for sale at 1007-701 King Street, Toronto, Ontario, M5V 2W7 - Niagara - MLS: C13858266

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1007-701 King Street

Toronto, Ontario, M5V 2W7 - Niagara

$714,900

Virtual Tour

Neighbourhood

Niagara
Major Intersection

King & Bathurst

Listed Since: 7 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1000-1199
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$1,035
Taxes

$3,092.00 (2025)
Balcony

None

Property Description

Property description for 1007-701 King Street, Toronto

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!

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

Property details

MLS #

C13858266
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Indoor Pool,Gym,Squash/Racquet Court,Games Room,Visitor Parking
Maintenance Fee Includes

Water
Property Management

Shelter Canadian Properties
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C13858266
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Indoor Pool,Gym,Squash/Racquet Court,Games Room,Visitor Parking
Maintenance Fee Includes

Water
Property Management

Shelter Canadian Properties
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

5.58 x 3.54 ft Main level

Fireplace, Broadloom, Window Flr to Ceil
Dining

5.58 x 3.54 ft Main level

Broadloom, Se View, Window Flr to Ceil
Kitchen

2.41 x 7.3 ft Main level

Stainless Steel Appl, Renovated, B/I Range
Solarium

2.71 x 2.62 ft Main level

Broadloom, B/I Bookcase, Window Flr to Ceil
Primary

4.76 x 3.23 ft Main level

Large Closet, Broadloom, Se View
2nd Br

3.84 x 2.93 ft Main level

Broadloom, Closet, O/Looks Living

Contact Manoj Kukreja

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

Local Real Estate Price Trends for Condo Apt in Niagara

Active listings

175

Average Selling Price of a Condo Apt

September 2026

$642,149

Last 3 Months

$648,911

Last 12 Months

$647,404

September 2025

$637,572

Last 3 Months LY

$659,383

Last 12 Months LY

$682,002

Change

-2%

Change

-5%

Historical Average Selling Price of a Condo Apt in Niagara

Average Selling Price

3 years ago

$796,079

Average Selling Price

5 years ago

$788,050

Average Selling Price

10 years ago

$458,450

Change

-19%

Change

-19%

Change

40%

Number of Condo Apt Sold

September 2026

Last 3 Months

Last 12 Months

September 2025

Last 3 Months LY

Last 12 Months LY

Change

42%

Change

-12%

Change

-5%

How many days Condo Apt takes to sell (DOM)

September 2026

Last 3 Months

Last 12 Months

September 2025

Last 3 Months LY

Last 12 Months LY

Change

28%

Change

38%

Change

23%

Average Selling price

Inventory Graph

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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.