Skip to main content

The Globe and Mail

Older King West condo delivers value in downtown Toronto

King St. W. Ph 9, Toronto

LISTING 701 King St. W., PH 9, Toronto

ASKING PRICE $615,000

SELLING PRICE $605,775

Story continues below advertisement

TAXES $2,793 (2016)

DAYS ON THE MARKET 12

LISTING AGENT Christopher Bibby, Re/Max Hallmark Bibby Group Realty

The Action: Given the size of a three-tower complex on King Street, condo hunters generally have numerous units to choose from. For those looking for two bedrooms, nearly 20 toured this east-facing unit over the course of two weeks in late May.

What They Got: Built more than 30 years ago, this 998-square-foot suite is anchored by an open principal room with a wood-burning fireplace and access to a solarium. The latter can also be reached from a bedroom.

There are two bathrooms and a kitchen with stainless-steel appliances.

The unit comes with storage and a parking spot. Each month, $789 pays for water, 24-hour concierge and use of a recreation room, squash court, gym and indoor and outdoor pools.

Story continues below advertisement

The Agent's Take: "This is a slightly older building, but in terms of amenities, there's really nothing else like it in that pocket with a pool, basketball court, physiotherapy [room], salon, games room, movie theatre and library," agent Christopher Bibby said.

"And the building offers a lot of value, even from a price per square foot standpoint. For a large space – closer towards 1,000 square feet – there are not many options at King and Bathurst at that price point."

The fireplace was a rare find. "You will see the odd gas fireplace that's done after the fact, but the wood-burning fireplaces were standard in this building and people absolutely loved it," Mr. Bibby said.

"[Plus] we had an unobstructed east view into the city … the CN Tower and skyline."

Report an error Editorial code of conduct
Comments

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

If your comment doesn't appear immediately it has been sent to a member of our moderation team for review

Read our community guidelines here

Discussion loading…

Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.