Sold for:Sold 3 days ago
$714,900

Unit 1007, 701 King Street W

Toronto (Niagara), ON M5V 2W7

Condo Apartment SoldNot available
The Summit Condos exteriorThe Summit Condos13 storeys, 206 suites, built 1984

Property not available for sale or for rent.

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Sale & Price History for Unit 1007, 701 King Street W, Toronto, Niagara

2026-10-03
2026-10-16
Sold
Price
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MLS#
c13858266

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1007, 701 King Street W, Toronto, Niagara

Summarized Description

  • Custom-built media unit enhances entertainment space.
  • Renovated kitchen and primary bathroom for modern living.
  • Rare wood-burning fireplace adds character.
  • Located in downtown Toronto with a Walk Score of 99.
  • Well-established building with low maintenance fees.
  • Close to King West, Queen West, and nightlife.
  • In-house amenities include pools and fitness facilities.
  • Laundry room conveniently located on the same level.

Welcome to Suite 1007 at The Summit, one of Toronto's most notable & enduring buildings in the downtown landscape! The Summit has stood the test of time when it comes to condo living, built in an era when buildings were designed with space, quality & longevity in mind. Nearly four decades later, that sentiment still rings true with maintenance fees of under $1.00/sqft., a reflection of a well-established & efficiently managed building. Step inside & you're immediately greeted by the charm & warmth of a home that has been lovingly owned & cared for by the same owner for 37 years. The custom-built media unit is an entertainer's dream & perfectly separates the living room from the kitchen (renovated, 2024), primary bathroom (renovated, 2024) & bedroom areas. The living room is one of the rarest in the downtown core, offering the homeowner a cozy wood-burning fireplace - a feature only available to similar suites from the 9th floor to the penthouse. There is a sense of character & comfort here that is increasingly difficult to find in today's newer, more compact condo spaces. Perfectly positioned at King & Bathurst, this is downtown Toronto living at its finest. With a Walk Score of 99, the location truly puts the best of the city right outside your door. The King West strip, Queen West, restaurants, cafés, nightlife, shopping & everyday conveniences are all within easy reach. Enjoy a morning coffee at Forno Culture, stop by Harriet's Rooftop for a meal / happy hour, & finish off your evening with a drink at the Wheat Sheaf! You're also just minutes from the Entertainment District, Rogers Centre, CN Tower, & waterfront. Beyond the nearby amenities, The Summit offers an impressive list of in-house amenities, including indoor & outdoor pools, fitness facilities, recreational spaces, squash courts, a hot tub, security & beautifully maintained grounds. The laundry room is on the same level as the unit. Don't miss this chance to upgrade your lifestyle & call suite 1007 home!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,092
Land Transfer Tax Fee
$21,546

Condo/Maintenance Fee

Maintenance Fee
$1,035 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Coin Operated, Multiple Locations, Laundry Room, In Hall
Interior Extras
Other
Fireplace/Stove
Yes
Fireplace Features
Living Room
Elevator
No

Exterior Features

Balcony
None

Building Amenities

  • Concierge
  • Indoor Pool
  • Gym
  • Squash/Racquet Court
  • Game Room
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
31-50
Condo Corp Number
648

Construction

Exposure
South East
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
All appliances: S/S fridge, S/S stove, B/I range-hood, S/S dishwasher. All ELF's. All window coverings. Music / speaker set up and related equipment can be included / negotiated if desired.

Exclusions

Exclusions
N/A

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Heat Pump
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level, Stainless Steel Appl, Renovated, B/I Range
  • Living Room—
    Main level, Fireplace, Broadloom, Window Floor to Ceiling
  • Solarium—
    Main level, Broadloom, B/I Bookcase, Window Floor to Ceiling
  • Dining Room—
    Main level, Broadloom, SE View, Window Floor to Ceiling
  • Primary Bedroom—
    Main level, Large Closet, Broadloom, SE View
  • Bedroom 2—
    Main level, Broadloom, Closet, Overlooks Living

Washrooms

  • 4-piece, Main
  • 3-piece, Main

Municipality
Toronto
Neighbourhood
Niagara
Main cross streets
King & Bathurst
Directions
King & Bathurst, located on the south side of King St (Use Maps)

MLS® number
C13858266
Data source
Toronto Regional Real Estate Board
Status change
2026-10-16
Listed on
2026-10-03
Days on market
13 days
Possession date
2026-10-31
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE

Home Market Value

Current home valuation for Unit 1007, 701 King Street W, Toronto, Niagara, Toronto, ON. Listed for $714,900

HOMEH Estimate

?

$800,000

Estimated Sales Range

?

$632,000 - $968,000

HOMEH Estimate for Unit 1007, 701 King Street W, Toronto, Niagara

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$800,000Medium confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Minimum Down Payment Required:6.5%

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Minimum down payment

$46,490

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−Down payment
%
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+CMHC insurance
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=Total mortgage
$694,426$663,356$624,680$571,920
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Payment frequency
=Mortgage payment
$3,391monthly$3,239monthly$3,050monthly$2,792monthly
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Land Transfer Tax

Provincial

$10,773

Municipal (Toronto)

$10,773

Total Land Transfer Tax

$21,546

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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