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For RentThe Summit CondosEst Lease Timeframe 8 Days
$3,800/mth
2 Beds + 1
2 Bath
1 Parking
1,050 SQFT
12 Days on Strata
Listing History
Unit Highlights
Ownership Type:
Condo
Possession Date:
Any time
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
None
Furnished:
Partially
Exposure:
East
Locker:
Ensuite
Laundry:
Main
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Air Conditioning
Water
Parking
Excluded
Hydro
Heat
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Room Dimensions
Kitchen
Pot Lights, Renovated, Overlooks Patio
8.92 x 8.6ft
Dining
Combined with Living, Open Concept, Bay Window
18.24 x 11.58ft
Living
Combined with Dining, East View, Window
18.24 x 11.58ft
About this Listing
Spacious 2 Bdrm + Den Condo Unit (1041 Sqft) For Rent, With One Parking. A very convenient living environment allowing you to live, work, shop and exercise and entertain In the building or in walk distance. The two Bedrooms are equivalent to 2 ensuite units each has its own washroom, Bdrm Fits King Bed. The Den can be used as an office or turned into a guest room. East Facing Floor-To-Ceiling Windows Showcasing City Views. Ensuite storage room. Condo Amenities refer to the photos. 1 Undergrd Parking. Ttc At Door. A+ School District (Niagara St Jr Ps) in 5 Min Walk.
real one realty inc.MLS® #C11983226
Amenities
Party Room
BBQs Allowed
Indoor Parking
Outdoor Pool
Indoor Pool
Sauna
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
Household Income
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 Condos vs The King West Area
Building Trends At The Summit Condos
Days on Strata
Units at The Summit Condos spend an average of
24
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
8%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
13.4
YEARS before being sold againProperty Value
0%
Decrease in property value within the past twelve months
Price Ranking
73rd
Highest price per SQFT out of 112 condos in the King West area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
6
Units were Rented over the past twelve months
Best Value Rank
The Summit Condos offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
The Summit Condos has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
The Summit Condos yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
The Summit Condos is the most popular building out of 112 condos in the King West neighbourhood
?
Transaction Insights at 701 King Street W
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $593,000 | $610,000 - $675,000 | No Data | $730,000 - $815,000 |
| Avg. Cost Per Sqft | $736 | $739 | No Data | $700 |
| Price Range | No Data | $2,850 | $3,800 | $3,250 - $3,800 |
| Avg. Wait for Unit Availability | 386 Days | 123 Days | 392 Days | 82 Days |
| Avg. Wait for Unit Availability | 645 Days | 310 Days | 351 Days | 76 Days |
| Ratio of Units in Building | 10% | 30% | 12% | 50% |
Transactions vs Inventory
Total number of units listed and leased in King West
