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1 / 0
New1 hour ago

801 - 375 King Street W

Waterfront Communities C1, Toronto

$424,999

Condo Apartment |
1 | 1 | 0 | 0
About this home

Nestled in the heart of King West, this stylish suite at M5V Condos is the perfect first home or a turnkey investment in one of Toronto's most in-demand rental corridors. Step out onto a generous west-facing balcony of approx. 146 sq ft with a rarely offered gas BBQ line, giving you an outdoor space that lives like an extra room, with sunsets to match. Inside, a sun-filled open-concept layout flows seamlessly from kitchen to living to bedroom, where a sliding partition closes off the bedroom for privacy or opens it up for a bright, airy feel, not a square foot wasted. Residents enjoy five-star amenities including concierge, a fully equipped gym, a dedicated Peloton room, an outdoor terrace with BBQ and an elegant party room. Walk to the Financial District, the Entertainment District and the University Ave hospital row (Toronto General, Mount Sinai, Princess Margaret, SickKids), with the 504 King streetcar at your door and the city's best restaurants, cafes and nightlife steps away. Vacant and ready for immediate possession.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$431
LockerNone
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,375
mls© NumberC14124392
Listed ByKW Living Realty
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,175
Property tax
$198
Heat allowance
$150
Condo fees, half counted
$216
Housing costs
$2,739 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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