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$700,000
560 King Street · Toronto · Ontario M5V 1M3
133 days on market
Exceptional opportunity in King West! Welcome to this bright and spacious 1+Den suite offering 723 sq. ft. of thoughtfully designed living space in one of Toronto's most iconic residences. Featuring a highly functional open-concept layout, this unit boasts floor-to-ceiling windows that flood the space with natural light, a modern kitchen with premium finishes, stainless steel appliances, and a gas stove, beautiful engineered hardwood flooring throughout, and a large private balcony perfect for r…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX METROPOLIS REALTY
Source: TRREB/PROPTX · MLS® C13438590
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $31,867 | $2,656/mo |
| Government & taxes | ||
| Property tax | $3,326 | $277/mo |
| Land transfer tax(closing) | $10,475 | $873/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,000 | $583/mo |
| Condo fees | ||
| Condo / HOA fees | $6,969 | $581/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $70,297 | $5,858/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.