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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 103 daysPrice drop · $5,000 off (-0.8%)

    Unit 501 — 224 King Street W

    Waterfront Communities C1·Toronto, ON·M5V 1H8·Near King W / University

    • 1 bed
    Toronto real estate›C12839086
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Spacious 920 sqft Luxury Loft In The Heart Of Entertainment District. 100 Walk Score*** Right Across Roy Thompson Hall! Spectacular Unit W/ 9 Ft Ceilings, A Modern Cool Space In One Of Toronto's Architectural Gems, Large One Bedroom. Modern Efficient Open Concept! Floor To Ceiling Windows. Lots Of Closet Space. Building Lounge With Walk-Out To Outdoor Swimming Pool, Rooftop Deck. Walk To King W, Financial District, Theatres, , Path, Ttc, Restaurants, Sports Venues. Minutes Drive To Lake, QEW, Union Station, 20 minutes w/UP Express to Pearson Airport.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Spacious 920 sqft Luxury Loft In The Heart Of Entertainment District. 100 Walk Score*** Right Across Roy Thompson Hall!
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 13, 2026Price reducedCurrentReduced$654,000−$5,000 (0.8%)C12839086This page
    Mar 3, 2026ListedCurrentFor sale$659,000 —C12839086This page
    Nov 20, 2025Previously listedTer$659,000 —C12565096View
    Aug 29, 2025Previously listedTer$659,000 —C12370189View
    Aug 22, 2025Previously listedTer$659,000 —C12359334View
    Jun 29, 2025Previously listedTer$679,000 —C12252604View
    May 21, 2025Previously listedTer$749,000 —C12164321View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Heat Pump
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 501 — 224 King Street W
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,213
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $375
    0.69% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,087,944
      Last 30 days
    • Median sold price
      $858,486
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,650
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 501 — 224 King Street W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 501 — 224 King Street W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 501 — 224 King Street W listed for?

      Unit 501 — 224 King Street W is listed at $654,000 on the MLS® (listing C12839086). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 501 — 224 King Street W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bath
  2. 900-999 sqft
  3. Condo Apartment
  4. Asking
    $654,000
    $1 / sqft · MLS® C12839086
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $663,646
    $610,554Confidence range$716,738
    Asking vs estimate
    ≈in-line
    −$9,646
    (-1.5%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 103 days.

    Avg sold price
    $1,087,944
    Median sold
    $858,486
    Avg days on market
    28
    Recently sold
    6650
    See comparable sales
    Modern Efficient Open Concept!
  6. Lots Of Closet Space.
  7. Building Lounge With Walk-Out To Outdoor Swimming Pool, Rooftop Deck.
  8. Ask Zara a follow-up

    Parking & garage

    2
    Garage
    Underground
    Parking spaces
    0
  9. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Elevator
    Y
  10. Exterior & construction

    3
    Exterior
    Concrete, Other
    Patio
    None
    Balcony
    None
  11. Listing & possession

    3
    Occupancy
    60 days
    Property style
    Loft
    Property class
    Condo Apartment
  12. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    5 rooms
    • Living Room
      combined w/dining · north view · hardwood floor
      19.0 × 15.0 ft
    • Dining Room
      combined w/kitchen · double closet · open concept
      19.0 × 15.0 ft
    • Bathroom
      4 pc bath · ceramic floor
      3.3 × 4.9 ft
    • Kitchen
      combined w/dining · b/i appliances · open concept
      19.0 × 15.0 ft
    • Bedroom
      large closet · hardwood floor
      15.2 × 8.5 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $819
    per month
    Maintenance fee includes
    • Water
    Building details
    • Unit01
    • Storeys (building)5
    • ExposureNorth
    • LockerNone
    • Parking typeUnderground
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpTSCC
    • Corp #2489
    • Property managerCrossbridge Condominiums
    Combined estimate
    $3,588
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,213
    /mo
    based on the purchase price of $654,000
    $130,800 cash
    $523,200 financed
    $440,672 total interest
    Monthly payment$3,213/ month
    Principal54%$523,200
    Interest46%$440,672

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 90 Trinity Street
      Sold
      Sign in for price
      90 Trinity Street
      Condo Apartment
    • 160 Flemington Road
      Sold
      Sign in for price
      160 Flemington Road
      Condo Apartment
    • 16 Yonge Street
      Sold
      Sign in for price
      16 Yonge Street
      Condo Apartment
    • 3233 Eglinton Avenue
      Sold
      Sign in for price
      3233 Eglinton Avenue
      Condo Apartment
    • 80 Quebec Avenue
      Sold
      Sign in for price
      80 Quebec Avenue
      Condo Apartment
    • 245 Dalesford Road
      Sold
      Sign in for price
      245 Dalesford Road
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 501 — 224 King Street WThis home1 / 1900,999$654,000ask$1——
    90 Trinity Street2 / 1800—
    160 Flemington Road1 / 1——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Toronto

    Active listings within ±20% of this asking price.

    • 18 Hillcrest Avenue
      $630,000
      18 Hillcrest Avenue
      Condo Apartment 2 2
    • 335 Lonsdale Road
      $599,000
      335 Lonsdale Road
      Condo Apartment 2 2
    • 25 Greenview Avenue
      $555,800
      25 Greenview Avenue
      Condo Apartment 1 1
    • 205 Hilda Avenue
      $530,000
      205 Hilda Avenue
      Condo Apartment 2 2
    • 11 Wellesley Street
      $539,000
      11 Wellesley Street
      Condo Apartment 1 1
    • 100 Wingarden Court
      $699,888
      100 Wingarden Court
      Condo Apartment 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of HOMELIFE/CIMERMAN REAL ESTATE LIMITED · displayed on Summitly per MLS® data-share rules

    Unit 501 — 224 King Street W is a 1-bedroom, 1-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was Unit 501 — 224 King Street W built?

    The year built for Unit 501 — 224 King Street W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for Unit 501 — 224 King Street W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 501 — 224 King Street W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on Unit 501 — 224 King Street W?

    The affordability calculator on this page shows an estimated monthly mortgage for $654,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has Unit 501 — 224 King Street W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 501 — 224 King Street W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is Unit 501 — 224 King Street W in?

    Unit 501 — 224 King Street W is in Waterfront Communities C1, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  22. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 16 Yonge Street
    2 / 2
    800
    —
    3233 Eglinton Avenue2 / 21,000—
    80 Quebec Avenue2 / 2900—
    245 Dalesford Road2 / 21,000—