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ILAN JOSEPH

SearchCondos.com · Ilan Joseph | Sutton Group Admiral Realty Inc., Brokerage

1881 Steeles Avenue West, Toronto, ON

Phone: 416-419-7001

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/King Terraces Condos/E-006

E-006

Available1 rental

$819,990

$1,335/sq ft · Resale avg $1,094/sqft

1 Bed + Den·2.0 Bath·614 sq ft·West·$1,335/sq ft

Bedrooms

1 Bed + Den

Bathrooms

2.0

Size

614 sq ft

Exposure

West

Prev: E-0033 / 3
E-006 Floor Plan at King Terraces Condos - 614 sq.ft
Click to enlarge

Floor Range: 3 | Unit Number: 54

Floor Range: 4 | Unit Number: 50

Floor Range: 5 | Unit Number: 48

Floor Range: 6 | Unit Number: 40

Price History

$820K$845K$870K$896K$921KNov 21May 22Jan 23Mar 24

Launch Price

$839,990

$1,368/sq ft

Nov 23, 2021

Current Price

$819,990

$1,335/sq ft

▼$20,000 (-2.4%)

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale3 listings
2075 King Road, Unit 435For SaleStrong Match

$649,000

2075 King Road, Unit 435

1 Bed + Den1 Bath600-699 sqft
<0.1 km·10d on mkt
2075 King Road, Unit 336For SaleStrong Match

$649,999

2075 King Road, Unit 336

1 Bed + Den1 Bath600-699 sqft
<0.1 km·Built 2023·32d on mkt
2075 King Road, Unit 249For SaleGood Match

$599,999

2075 King Road, Unit 249

1 Bed1 Bath500-599 sqft
<0.1 km·101d on mkt
For Rent6 listings
2075 King Road, Unit 533For LeaseStrong Match

$2,300/mo

2075 King Road, Unit 533

1 Bed + Den1 Bath600-699 sqft
<0.1 km·6d on mkt
2075 King Road, Unit 335For LeaseStrong Match

$2,250/mo

2075 King Road, Unit 335

1 Bed + Den1 Bath500-599 sqft
<0.1 km·5d on mkt
2075 King Road, Unit 602For LeaseStrong Match

$2,500/mo

2075 King Road, Unit 602

1 Bed + Den2 Bath600-699 sqft
<0.1 km·14d on mkt
2075 King Road, Unit 451For LeaseStrong Match

$2,350/mo

2075 King Road, Unit 451

1 Bed + Den2 Bath600-699 sqft
<0.1 km·Built 2023·33d on mkt
2075 King Road, Unit 402For LeaseStrong Match

$2,395/mo

2075 King Road, Unit 402

1 Bed + Den2 Bath600-699 sqft
<0.1 km·10d on mkt
2075 King Road, Unit 512For LeaseStrong Match

$2,300/mo

2075 King Road, Unit 512

1 Bed + Den1 Bath600-699 sqft
<0.1 km·15d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $819,990

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 5% - 90 days 5% - 300 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$36,000$41,000May 31, 2026
5% - 90 days5%$41,000$81,999Jul 30, 2026
5% - 300 days5%$41,000$122,999Feb 25, 2027
5% - Occupancy5%$41,000$163,998At Occupancy
Total Deposit20.0%$163,998

614 sq ft × $0.68/sq ft = $418/mo

Monthly Mortgage (P&I)$3,477
Property Tax (est.)$444
Maintenance Fees$418
Total Monthly Cost$4,339
Est. Rental IncomeBeta−$2,325
Net Monthly Cost−$2,014

Down payment: $163,998 (20%) · Mortgage: $655,992

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Est. Rent$2,325/mo
Est. Gross Yield3.4%

Active MLS Listings — Same Unit Type

2075 King Road, Unit 251Lease

$2,600/mo

2075 King Road, Unit 251

1 Bed + Den71d on mkt

Building Market

For Sale
$1,094/sqft
5on MLS
66 avg DOM
$600K–$1.1M
Developer
$1,362/sqft
12available
$800K–$1.3M
For Rent
$4.23/sqft
70on MLS
28 avg DOM
$2K–$4K

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