For SaleThe Summit II CondosEst Sell Timeframe 9 Days
$569,900
Price Cut: $579,900
1 Bed + 1
1 Bath
1 Parking
811 SQFT
127 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$695/mth
Taxes:
$2,267 (2024)
Cost Per Sqft:
$703/sqft
Locker:
Ensuite
Outdoor Space:
None
Exposure:
South
Possession Date:
30-60 TBD
Laundry:
Coin Operated
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
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
Ceramic Floor, Stainless Steel Appliances, Walk Through
9.19 x 9.51ft
Dining
Laminate, Combined with Living, Open Concept
10.83 x 7.22ft
Living
Laminate, Combined with Dining, Open Concept
10.83 x 17.06ft
About this Listing
This is the One Bedroom plus Den, Condo you have been waiting for! Featuring a Large Open Concept Layout, Floor to Ceiling Windows w/Vertical Blinds, Stainless Steel Appliances, and Resort Like Amenities. Book your own private tour.
ExtrasAmenities include, Center Courtyard, Outdoor Pool, Common BBQ's, Kids Play Area, Indoor Pool, Hot Tub, His and Hers Change Rooms w/ Saunas, 2 Theater Rooms, 4 Squash Courts, 24 Security, Party Room, Games Room, Convenience Store and more!
keller williams referred urban realtyMLS® #C8476860
Amenities
Security System
Rooftop Deck
Sauna
Indoor Parking
Media Room
Concierge
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
Household Income
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 II Condos vs The King West Area
Building Trends At The Summit II Condos
Days on Strata
Units at The Summit II Condos spend an average of
27
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
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
11.6
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
60th
Highest price per SQFT out of 101 condos in the King West area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
The Summit II Condos offers the best value out of 101 condos in the King West neighbourhood
?
Appreciation Rank
The Summit II Condos has the highest ROI out of 101 condos in the King West neighbourhood
?
Rental Yield
The Summit II Condos yields the highest rent prices out of 101 condos in the King West neighbourhood
?
High Demand
The Summit II Condos is the most popular building out of 101 condos in the King West neighbourhood
?
Transaction Insights at 705 King Street W
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $405,000 | No Data | $615,000 - $635,000 | No Data | $670,000 - $750,000 |
| Avg. Cost Per Sqft | $1,114 | No Data | $829 | No Data | $781 |
| Price Range | $1,900 - $2,200 | No Data | $2,575 - $3,200 | No Data | $3,300 - $4,100 |
| Avg. Wait for Unit Availability | 116 Days | 336 Days | 45 Days | 1089 Days | 174 Days |
| Avg. Wait for Unit Availability | 73 Days | 1030 Days | 54 Days | 414 Days | 165 Days |
| Ratio of Units in Building | 27% | 8% | 50% | 7% | 10% |
Transactions vs Inventory
Total number of units listed and sold in King West
