1022-629 King St
Waterfront Communities C1, Toronto, Ontario M5V 0G9
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $882at the range’s middle
- Tax a year
- $4,6902025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1022-629 King St
1022-629 King St is a 1+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $749,000 (MLS® C14029592).
Welcome to The Thompson Residences, developed by the award-winning Freed Developments. Directly across the street from the future Ontario Line station at King St. W. & Bathurst St., offering exceptional future transit convenience. This spacious north-facing 1-bedroom plus large den suite offers two bathrooms and an impressive 837 sq. ft. of interior living space. As you step into the home the stunning kitchen features a custom built breakfast bar island, double thick countertop, and built-in appliances. The space flows seamlessly into the wide, sun-drenched living area, where floor-to-ceiling windows fill the room with natural light. The perfect layout for everyday living and entertaining. The spacious primary bedroom features a walk-in closet with custom California Closets built-ins. The ensuite bathroom features an illuminated vanity mirror and a small laundry room with additional built-in shelving for added storage. The spacious den is ideal for a home office or a comfortable daybed retreat. A renovated second bathroom provides added comfort and convenience for guests. The balcony, with privacy side panels, provides the perfect spot to enjoy your morning coffee or unwind. This soft loft features exposed concrete ceilings in the main living area and bedroom. Additional upgrades include Engineered Hardwood Throughout (2025), Renovated 2nd Bathroom, Custom-built Breakfast Bar, Custom Built California Closets in Walk-In Closet and Laundry Room, Upgraded Light Fixtures Throughout, Hunter Douglas Automatic Blinds, Reverse Osmosis Filtered Water System (Owned, 2024), Painted Throughout (2026) & Outdoor Balcony Tiles. Building amenities include gym, 24-hour concierge service, and convenient visitor parking available within the building. Located in the heart of the vibrant King West, steps from renowned restaurants, cafes, nightlife, transit, and truly the best of downtown living. 1 Parking and 1 Locker included.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall24/100−$1,710/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 279 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,690 / 2025
- MLS® number
- C14029592
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 1 × 2pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Built-in Fridge, Built-in Dishwasher, Stovetop, Oven, Hood Vent, Washer & Dryer
- Condo maint.
- $901
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1022-629 King St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $749,000 | N/A | For Sale | C14029592 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $149,800
- Total mortgage amount
- $599,200
- Total interest payment
- $426,200
- Total purchase cost
- $1,175,200
- Mortgage payment
- $3,418/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
60%Monthly carrying cost
$4,710- Rent $3,000
- Shortfall $1,710
Rental income opens at $3,000, the median asking rent of 279 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,455
- Toronto municipal land transfer tax
- $11,455
- Total land transfer tax
- $22,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $14,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $749,000
- $6,980
- Ontario total
- $11,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m102 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (576 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 122 building permits issued within 250 m in the last 2 years250 m
- 11 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.2 km1.2 km
- Mapped parcel: about 14,190 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 360 m360 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Part V, by-law 1120-2024
- In the King-Spadina Heritage Conservation District, by-law 1111-2017
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
12 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Rev 02 - changes to occupancy load
Issued December 31, 2021
Sign Building Permit RelatedClosed
In conjunction with a multi-storey building on the premises, proposal to erect and display one illuminated projecting sign, displaying static copy, located on the first storey of the north elevation. The proposed sign contains two sign faces, in a back-to-back orientation, each sign face measuring 0.91 metres vertically by 0.91 metres horizontally at a height of 4.06 metres.**COMTECH FIRE CREDIT UNION**
Issued October 16, 2018
Interior AlterationsClosed
Proposed interior alterations to add a new den to an existing residential apartment (condo) unit
Issued September 20, 2018
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to install a shower stall in unit 213 of an existing apartment building.
Issued April 10, 2018
Interior AlterationsClosed
Proposal for interior alterations to install a shower stall in unit 213 of an existing apartment building.
Issued March 27, 2018
Building Permit Related(MS)Closed
HVAC - Proposed interior alterations of levels P1 and P2 - suites P1-11 and P2-23 to create a resturant use on level P1 for an exsitng mixed use building, Residential condo/Group E/Groupd A2 + Parking Garage
Issued March 16, 2018
Building Permit Related(PS)Closed
Plumbing - Proposed interior alterations of levels P1 and P2 - suites P1-11 and P2-23 to create a resturant use on level P1 for an exsitng mixed use building, Residential condo/Group E/Groupd A2 + Parking Garage
Issued March 16, 2018
Sign Building Permit RelatedClosed
To erect and display one illuminated overhanging structure sign.**STARBUCKS**
Issued March 13, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
663 KING ST WSite planUnder Review
Ontario Line King-Bathurst
70 m away662 KING ST WSite planUnder Review
Ontario Line King-Bathurst
70 m away668 KING ST WSite planUnder Review
Ontario Line King-Bathurst
90 m away675 KING ST WSite planUnder Review
The proposed development is for a 19-storey mixed-use building with a height of approximately 67.7 metres to the top of the roof (72.0 metres to the top of the mechanical penthouse) with approximately 13,035 square metres of total gross floor area, including approximately 2,575 square metres of commercial uses containing at-grade retail and replacement of the existing office space. A total of 159 residential units are proposed. An associated Zoning By-law Amendment application (22 204199 STE 10 OZ) was approved by Council in Deember 2024 and by-law 1414-2024 in force and effect.
140 m away71 PORTLAND STSite planUnder Review
Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
170 m away71 PORTLAND STSite planUnder Review
Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
170 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 632
- Median asking price
- $629K
- New in 7 days
- 66
- Price cuts
- 21%
Middle half: $539K to $838K
249 in 28 days
133 listings
This home is asking 19% above the median.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.6 km |
| Exhibition GO | GO Transit train: Lakeshore West | 1.7 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 350 m | 75%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 95%Grade 6 average |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 84%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.3 km | 8%Grade 9 math |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.6 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Waterfront Communities C1 are shown to signed-in members.