705 King St W Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


705 King St W, Toronto M5V2W8

The Summit 2 was built by Toddglen Construction & Creson Investments and completed in year 1983.

There are total 20 floors and approximately 293 units.

The building currently has 2 units on sale, and 0 for lease.

Condo monthly management fee includes: Water.

Condo facility includes: Gym, Concierge, Visitor Parking, Party/Meeting Room, Outdoor Pool, Sauna, Indoor Pool and Squash Court.

Condo Building Analysis

For Sale

Maintenance costs have remained relatively stable compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$530 – $550/sqft

For Lease

Rent levels have increased 11% compared with the same period last year.

Recent Rent Range
$3.47 – $3.87/sqft

How This Condo Compares

Price Position
16.7% Lower
Recent sale prices are below similar-age condos in the community.
Maintenance Cost
36.4% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
22.2% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a mix of homeowners and renters with a strong concentration of apartment and condominium housing. Approximately 70% of residents hold a bachelor's degree or higher, while about 17% have a college credential. Residents use a combination of driving and public transit for commuting.



Commute Information

GTA Go Train Exhibition Go Train Station (1.4km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
1603 1+1 1 1 700-799 537,000
409 1 0 0-499 318,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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