701-650 King St
Waterfront Communities C1, Toronto, Ontario M5V 1M7
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0–499sq ft
- Per sq ft
- $1,108at the range’s middle
- Tax a year
- $2,1502025 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 701-650 King St
701-650 King St is a 1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $553,000 (MLS® C12707694).
Discover urban living at its best in this stylish 1-bedroom condo at the sought-after 650 King West residences. Perfectly located at King & Bathurst, this modern suite offers an unbeatable balance of comfort, efficiency, and vibrant city life.The open-concept layout maximizes every inch of space, featuring floor-to-ceiling windows that flood the home with natural light and create a bright, inviting atmosphere. The sleek kitchen is equipped with modern cabinetry, integrated appliances, and ample counter space ideal for cooking or entertaining. The living area flows seamlessly to a private balcony, offering a perfect spot to relax or take in the energy of King West.The bedroom is well-designed with room for a queen bed and storage, while the spa-inspired bathroom boasts premium finishes. Additional features include in-suite laundry, a heat pump for efficient heating and cooling, and thoughtful design details that elevate the living experience.Low monthly condo fees cover essentials, keeping costs manageable, and property taxes remain very reasonable. Residents of 650 King enjoy the convenience of a boutique building with secure entry, underground parking options, and excellent noise insulation thanks to its concrete construction.Step outside and you're in the heart of one of Torontos most dynamic neighbourhoods surrounded by trendy restaurants, coffee shops, boutiques, and nightlife. With a near-perfect Walk Score and TTC at your doorstep, commuting and city exploring are effortless.Whether you're a first-time buyer, investor, or looking for a pied-à-terre in downtown Toronto, this suite offers incredible value in one of the citys most desirable areas.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$592/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 190 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
- $2,150 / 2025
- MLS® number
- C12707694
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 0-499 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 0-499 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Existing Appliances, All Existing Light Fixtures & All Existing Window Coverings.
- Condo maint.
- $290
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 701-650 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 | $553,000 | N/A | For Sale | C12707694 |
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
- $110,600
- Total mortgage amount
- $442,400
- Total interest payment
- $314,500
- Total purchase cost
- $867,500
- Mortgage payment
- $2,523/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
39%Monthly carrying cost
$2,992- Rent $2,400
- Shortfall $592
Rental income opens at $2,400, the median asking rent of 190 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
- $7,535
- Toronto municipal land transfer tax
- $7,535
- Total land transfer tax
- $15,070
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,595
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 $553,000
- $3,060
- Ontario total
- $7,535
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,535.
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 m121 test or monitoring holes also recorded.250 m
- Groundwater recorded about 6.3 m below ground nearbyThe middle water level in the well records within 500 m (559 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
- 117 building permits issued within 250 m in the last 2 years250 m
- 33 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.3 km1.3 km
- Mapped parcel: about 31,260 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: 420 m420 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 (20 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.
Sign Building Permit RelatedClosed
1 wall sign + 1 projecting sign**HELLO NORI**
Issued July 11, 2024
Sign Building Permit RelatedCancelled
1 wall sign**HELLO NORI**
Completed May 15, 2024
Building Permit Related(PS)Closed
Plumbing - Proposed Fit out to include new partition walls, redistribution of HVAC and plumbing pipes for existing restaurant 'Hello Nori'.
Issued September 7, 2023
Building Permit Related(MS)Closed
HVAC - Proposed Fit out to include new partition walls, redistribution of HVAC and plumbing pipes for existing restaurant 'Hello Nori'.
Issued September 7, 2023
Interior AlterationsClosed
Proposed Fit out to include new partition walls, redistribution of HVAC and plumbing pipes for existing restaurant 'Hello Nori'.
Issued August 28, 2023
Garage Repair/ReconstructionInspection
Parking Garage Repairs including replacement of the garage roof slab and underground parking slabs
Issued August 9, 2023
Electromagnetic LocksClosed
Permit to install one maglock on p2 level of existing apartment building
Issued June 15, 2012
SprinklersClosed
Sprinklers in connection with BLD 08 168575.
Issued July 13, 2011
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.
662 KING ST WSite planUnder Review
Ontario Line King-Bathurst
30 m away668 KING ST WSite planUnder Review
Ontario Line King-Bathurst
60 m away663 KING ST WSite planUnder Review
Ontario Line King-Bathurst
80 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 away689 KING ST WSite planUnder Review
To construct 11 and 18 storey hotel with 272 suites and a restaurant at-grade. Related applications include zoning by-law amendment application 19 115906 STE 10 OZ.
160 m away689 KING ST WOfficial plan or zoning amendmentApplication Received
Proposed 30-storey mixed-use development, comprised of hotel uses on the first 13-storeys, including a restaurant and 251 hotel suites, and residential uses above, between levels 14-30, including a total of 160 purpose-built rental units.
160 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
- 634
- Median asking price
- $630K
- New in 7 days
- 75
- Price cuts
- 21%
Middle half: $539K to $834K
256 in 28 days
132 listings
This home is asking 12% below 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 | 250 m | 75%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 95%Grade 6 average |
| Ryerson Community School Junior SeniorToronto DSB | Public · grades JK–8 · French Immersion | 750 m | 52%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 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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Sold prices in Waterfront Communities C1 are shown to signed-in members.