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    Toronto / Downtown / King West

    1111 - 725 King St W

    For RentThe Summit III Condos
    $2,800/mth
    1 Bed + 1
    1 Bath
    1 Parking
    775 SQFT
    2 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North
    Locker:
    Ensuite
    Laundry:
    Coin Operated
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Other
    Heat Source
    Other
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Quartz Counter, Stainless Steel Appliances, Open Concept
    9.32 x 8.99ft
    Living
    Fireplace, Laminate, Open Concept
    12.83 x 15.95ft
    Den
    North View, Laminate, Open Concept
    12.99 x 11.81ft

    About this Listing

    Step inside this Beautiful, Spacious One Bedroom plus Den Condo in the Heart of King West. Renovated to suit Modern Tastes, this condo has so much great living/working space to enjoy living Downtown. The Kitchen Features Granite Counters, Modern Cabinetry ,Stainless Steel Appliances and Breakfast Bar. The Living Room is Open Concept and features a Woodburning Fireplace and extends to the Open Den. Modern Bathroom, with Deep Soaker Tubs, Ceramic Floors.

    ExtrasAmenities include, Indoor & Outdoor Pools, Saunas, Whirlpool, Gym, Aerobics, Yoga, Movie Theatre and Squash Courts. TV's and Barstools excluded. Tenant leaving end of August.

    keller williams referred urban realtyMLS® #C11930161

    Amenities

    Visitor Parking
    Gym Room
    Squash Court
    Rec Room
    Security System
    Media Room

    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%

    Price Trends

    Maintenance Fees

    The Summit III Condos vs The King West Area

    Building Trends At The Summit III Condos

    Days on Strata

    Units at The Summit III Condos spend an average of
    6
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    10.3
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    6
    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

    Transaction Insights at 725 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$625,000No DataNo Data
    Avg. Cost Per SqftNo Data$770No DataNo Data
    Avg. Wait for Unit Availability1343 Days88 Days407 Days341 Days
    Ratio of Units in Building10%60%10%21%

    Transactions vs Inventory

    Total number of units listed and leased in King West