513 - 700 King Street W

Niagara, Toronto

513 - 700 King Street W, Niagara, Toronto

$699,900


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $874.88


About this Condo

in Niagara, Toronto

Experience authentic hard loft living at the iconic Clock Tower Lofts in the heart of King West - one of Toronto's most sought-after and character-filled buildings. Originally a historic piano factory, south-facing suite 513 blends industrial charm with modern comfort, featuring soaring 13-foot ceilings, exposed ductwork, hardwood floors, and a beautiful view. This beautifully updated two-bedroom, two-bathroom loft offers an airy open-concept layout with a full-sized kitchen, breakfast bar, and stone countertops designed for both everyday living and entertaining. Second bedroom features (included) murphy bed/desk for flex space, and the primary has an ensuite with a large storage closet. parking and locker included. Residents enjoy a building that feels exceptionally refreshed, with newly renovated hallways completed this year and a stunning, award-winning lobby redesign completed in 2020. Spend summer evenings on the rooftop terrace taking in panoramic city views while grilling and entertaining with friends. A rare turnkey opportunity in one of downtown Toronto's most desirable neighbourhoods for an amazing cost per sqft. The building is steps to some of the city's best restaurants, cafés, and nightlife. Minutes to multiple dog parks and will only appreciate in value as the Ontario Line reaches completion in early 2030s

Listed by ROYAL LEPAGE SIGNATURE REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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