Skip to main

    909 - 705 King St W

    For RentThe Summit II Condos
    $1,850/mth
    Price Cut: $1,950
    Studio
    1 Bath
    0 Parking
    349 SQFT
    62 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Enclosed/Solarium
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Laundry:
    Coin Operated
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Ceramic Floor, Closet
    9.71 x 5.25ft
    Living
    Combined with Br, Laminate, Closet
    18.37 x 11.16ft
    Solarium
    Laminate, Large Window, Irregular Room
    7.28 x 6.59ft

    About this Listing

    Live Large in King West! Welcome to The Summit II - an iconic building in the heart of King West with unbeatable amenities & a fantastic reputation! This bright, spacious suite offers the flexibility to create your ideal downtown home, with plenty of room to create a separate living, dining, bedroom, and even an office space with a gorgeous view! Newer laminate flooring in the main living space add warmth & style and lead to the solarium, perfect for an office or dining room. The suite features a full wall of floor-to-ceiling windows which equates to loads of natural light. Control your own A/C and Heat Year-round yourself - no more waiting for the condo building to turn the A/C or heat off or on seasonally. Superior stunning south-facing views over the city and lake - plus the view overlooks the buildings exclusive outdoor park, pool & green space. Step out of the building and you're in Toronto's vibrant Entertainment District - walk to everything you need! With shopping, top restaurants, TTC access, and more all at your doorstep, the building is perfect for the professional or anyone who loves to live and work in the heart of it all. Plus, this buildings convenient driveway off of King St makes pick-ups, drop-offs, and deliveries super easy. Enjoy premium amenities including full-time security and secure access; Indoor pool with hot tubs, gym, and spa; Outdoor pool with lounge areas and a hot tub; Park-like outdoor quad; a relaxing green space right in the city; Squash court; bike storage; movie theatre; visitor parking; and more! Make The Summit your downtown oasis in a condo that combines space, style, and an amazing lifestyle in the city's hottest neighbourhood!

    ExtrasEach floor has its own locked coin laundry at $1.50 per load - neat, clean, convenient, easy to use; with 2 washers, 2 dryers/safe, reliable, & maintained. Unit has been professionally cleaned & new caulking applied to tub & bathroom sink.

    sutton group old mill realty inc.MLS® #C10414241


    Amenities

    Party Room
    Rec Room
    Squash Court
    Security System
    Outdoor Pool
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    The Summit II Condos vs The King West Area

    Days on Strata

    Units at The Summit II Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    11.7
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    73rd
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit II Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    The Summit II Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    The Summit II Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    The Summit II Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 705 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$405,000No Data$550,000 - $635,000No Data$750,000
    Avg. Cost Per Sqft$1,117No Data$810No Data$883
    Avg. Wait for Unit Availability124 Days181 Days48 Days1089 Days174 Days
    Ratio of Units in Building26%14%46%5%12%

    Transactions vs Inventory

    Total number of units listed and leased in King West