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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® C13726766For SaleCondominium

1224-629 King St

Waterfront Communities C1, Toronto, Ontario M5V 0G9

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1224-629 King St, Toronto, photo 1
Asking$899,000
Bedrooms
1
Bathrooms
2
Size
900–999sq ft
Per sq ft
$947at the range’s middle
Tax a year
$5,4292026 tax year
Built
6-10
Parking
11 underground
Days on market
Members

The brief

About 1224-629 King St

1224-629 King St is a 1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $899,000 (MLS® C13726766).

A Must See! Fully renovated, south-facing 905 sq ft suite at Thompson Residences - one of the largest 1-bedroom, 2-full-bath layouts in the building, with owned parking and TWO owned lockers. Every surface has been redone: new hardwood floors throughout, a custom Scavolini kitchen and built-in wall units, and a fully integrated Italian appliance package (Fulgor cooktop and oven, Faber hood, Blomberg fridge, dishwasher and washer/dryer). Floor-to-ceiling windows and signature exposed concrete ceilings fill the open living space with southern light. The dining area is unusually generous, with built-in shelving and room for a full table or a dedicated home office. The primary bedroom has a walk-in closet and private 3-pc ensuite, and a second full bath serves guests. Remote-controlled roller blinds and an approx. 16' open balcony overlooking King West complete the suite. Maintenance includes heat, water and central air. 24-hour concierge, fitness centre and visitor parking. Starbucks at the front door, TTC streetcar at the corner, and the future Ontario Line station at King & Bathurst steps away. Walk to the Financial and Fashion Districts, Waterworks Food Hall, Farm Boy, Metro and the best of King West dining. More than a condo, luxury living awaits!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$3,142/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 191 condos with 1 bedroom 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
$5,429 / 2026
MLS® number
C13726766
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
6-10
Days on market
Size
900-999 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: REMAX YOUR COMMUNITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C1
Municipality
Toronto

Building

Size
900-999 sqft
Building Age
6-10
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
2
Bathroom Details
2 × 3pc 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
1 Parking space, 2 Lockers, Highend Appliances: Fulgor Cooktop Stove and Oven, Faber ExhaustFan, Integrated Blomberg Refrigerator, Blomberg Built-In Stainless Steel Dishwasher, PanasonicMicrowave. Blomberg Frontload Washer & Dryer. Remote Control roller blinds.
Condo maint.
$988

Rooms

RoomSizeFeaturesLevel
Living2.87 × 3.99 mSouth ViewFlat
Dining4.79 × 3.69 mB/I ShelvesFlat
Kitchen4.85 × 2.41 mB/I Appliances, W/I ClosetFlat
Primary3.6 × 2.77 m3 Pc EnsuiteFlat
Other1.65 × 4.82 mBalconyFlat

Listing history

Buy/sell history for 1224-629 King St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$899,000N/APcC13726766

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $179,800

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
$179,800
Total mortgage amount
$719,200
Total interest payment
$511,400
Total purchase cost
$1,410,400
Mortgage payment
$4,102/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

81%

Monthly carrying cost

$5,542
−$3,142per month
  • Rent $2,400
  • Shortfall $3,142

Rental income opens at $2,400, the median asking rent of 191 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
$14,455
Toronto municipal land transfer tax
$14,455
Total land transfer tax
$28,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$20,435
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 $899,000
$9,980
Ontario total
$14,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,455.

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.

18 records · 11 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 14,190 sq ft122 building permits issued within 250 m in the last 2 years11 open development applications within 250 mNearest airport: 1.2 kmNearest rail line: 360 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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. 438-86
Outside By-law 569-2013

What 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

Changing nearby. 6 open development applications within 800 m of this home.

  • 663 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    70 m away

  • 662 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    70 m away

  • 668 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    90 m away

  • 675 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 away

  • 71 PORTLAND STSite planUnder Review

    Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.


    170 m away

  • 71 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
630
Median asking price
$629K

Middle half: $539K to $837K

New in 7 days
70

251 in 28 days

Price cuts
21%

132 listings

This home is asking 43% above the median, higher than three quarters of them.

See all homes in Waterfront Communities C1

Asking 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

Transit nearby

StationLinesDistance
St Andrew StationTTC subway: Line 1 Yonge-University1.4 km
Osgoode StationTTC subway: Line 1 Yonge-University1.4 km
St Patrick StationTTC subway: Line 1 Yonge-University1.6 km
Exhibition GOGO Transit train: Lakeshore West1.7 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.8 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

ElementaryTypeDistanceEQAO average 2024–25
St Mary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion350 m75%Grade 6 average
Niagara Street Junior Public SchoolToronto DSBPublic · grades JK–6550 m95%Grade 6 average
Bishop Macdonell Catholic SchoolToronto CDSBCatholic · grades JK–8750 m84%Grade 6 average
École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–61.4 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
City SchoolToronto DSBPublic · grades 9–121 km—
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–121.3 km8%Grade 9 math
Msgr Fraser College (Southwest)Toronto CDSBCatholic · grades 9–121.6 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.8 km86%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

Similar Active Listings

Recently sold nearby

Sold prices in Waterfront Communities C1 are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record