Maintenance Fees
The Summit III Condos vs The King West Area
$585,0001 bd1 ba1 pk600 - 699 sqft
For SaleThe Summit III Condos
58 Days on Strata
$585,000
1 Bed + 1
1 Bath
1 Parking
600 - 699 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$771/mth
Taxes:
$2,267 (2024)
Cost Per Sqft:
$837 - $975/sqft
Outdoor Space:
None
Locker:
None
Exposure:
North
Possession Date:
March 1, 2025
Amenities
Visitor Parking
Rec Room
Outdoor Pool
Squash Court
Games Room
Indoor Pool
Party Room
Gym
Indoor Parking
Security System
Media Room
Concierge
About this Listing
Welcome to The Summit, one of King Wests most sought-after condo residences! This spacious and stylish 1-bedroom + den unit in the heart of downtown Toronto offers the perfect blend of modern upgrades, natural light, and functional living space. Unit 901 features floor-to-ceiling windows that flood the unit with natural light, creating an airy and inviting atmosphere. The integrated solarium expands the open-concept layout, providing versatile space for entertaining or a dedicated work-from-home area. The renovated kitchen features a quartz waterfall countertop, sleek cabinetry, and ample storage perfect for cooking and hosting. The upgraded bathroom and tile add a contemporary touch, making this unit completely move-in ready.Beyond the unit, The Summit offers top-tier amenities, including an indoor and outdoor pool, fitness center, theatre room, and 24-hour security. Located in vibrant King West, you're steps from the best restaurants, bars, and shops, with easy access to TTC, parks, and the waterfront.*EXTRAS* Transit score is 100, walk score is 97!.
ExtrasAll appliances, all window coverings, all light fixtures.
forest hill real estate inc.MLS® #C11983602
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Kitchen
8.53 x 6.76ft
Living
15.49 x 11.84ft
Bedroom
14.21 x 9.45ft
Den
10.83 x 7.84ft
Bathroom
4 Piece Bath
9.19 x 5.51ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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.
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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
Household Income
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%
Building Trends At The Summit III Condos
Days on Strata
Units at The Summit III Condos spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
10.2
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
75th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
7
Units were Rented over the past twelve months
Best Value Rank
The Summit III Condos offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
The Summit III Condos has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
The Summit III Condos yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
The Summit III Condos is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at The Summit III Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | $543,000 - $615,000 | No Data | $680,000 |
| Avg. Cost Per Sqft | No Data | $897 | No Data | $612 |
| Price Range | No Data | $2,350 - $2,800 | No Data | $3,100 - $3,400 |
| Avg. Wait for Unit Availability | 1343 Days | 94 Days | 453 Days | 390 Days |
| Avg. Wait for Unit Availability | 475 Days | 103 Days | 1378 Days | 343 Days |
| Ratio of Units in Building | 10% | 61% | 10% | 20% |
Market Inventory
Total number of units listed and sold in King West
