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    Toronto / Downtown / King West

    901 - 725 King St

    For SaleThe Summit III Condos
    $585,000
    1 Bed + 1
    1 Bath
    1 Parking
    688 SQFT
    12 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $771/mth
    Taxes:
    $2,267 (2024)
    Cost Per Sqft:
    $850/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    March 1, 2025
    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
    Heat Pump

    Room Dimensions

    Kitchen
    8.53 x 6.76ft
    Living
    15.49 x 11.84ft
    Bedroom
    14.21 x 9.45ft

    About this Listing

    Welcome to The Summit, one of King Wests most sought-after condo residences! This spacious and stylish 1-bedroom + den unit in the heart of downtown Toronto offers the perfect blend of modern upgrades, natural light, and functional living space. Unit 901 features floor-to-ceiling windows that flood the unit with natural light, creating an airy and inviting atmosphere. The integrated solarium expands the open-concept layout, providing versatile space for entertaining or a dedicated work-from-home area. The renovated kitchen features a quartz waterfall countertop, sleek cabinetry, and ample storage perfect for cooking and hosting. The upgraded bathroom and tile add a contemporary touch, making this unit completely move-in ready.Beyond the unit, The Summit offers top-tier amenities, including an indoor and outdoor pool, fitness center, theatre room, and 24-hour security. Located in vibrant King West, you're steps from the best restaurants, bars, and shops, with easy access to TTC, parks, and the waterfront.*EXTRAS* Transit score is 100, walk score is 97!.

    forest hill real estate inc.MLS® #C11983602

    Amenities

    Squash Court
    Party Room
    Rec Room
    Indoor Parking
    Gym Room
    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.

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    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

    8
    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