
Unit 1007, 701 King Street W
Toronto (Niagara), ON M5V 2W7
The Summit Condos13 storeys, 206 suites, built 1984- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $3,092Tax
- $1,035/moCondo Fee
- Estimated Value:$800,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 1007, 701 King Street W, Toronto, Niagara
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-10-03 | 2026-10-16 | Login to See Prices | Sold | c13858266 |
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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $214,900 over $500K
$46,490
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,709 | $19,946 | $17,015 | $0 |
=Total mortgage | $694,426 | $663,356 | $624,680 | $571,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,391monthly | $3,239monthly | $3,050monthly | $2,792monthly |
Land Transfer Tax
$10,773
$10,773
$21,546
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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