705 King St W

MTCC 674

Gym / Exercise Room, Pool, Public Transit, Pet Restrictions, Sauna, Security Guard, Enter Phone System, Parking Garage

Common Element Maintenance, Building Insurance, Water

Constructed as an elaborate condominium for the King West neighborhood, The Summit II (located at 705 King St. W) towers over the intersection of King & Tecumseth. Completed way back in 1983 (and one of the first condominiums ever built in the city of Toronto), The Summit II was developed by Toddglen Construction, architected by a team comprising of Drummond Hassan and Young + Wright Architects Inc., and currently managed by Shelter Canadian Properties Limited. In total, The Summit II boasts 20 storeys and 304 units (the smallest of these units being 398 feet², and the largest of these units being 1050 feet²). As for the types of units offered by The Summit II, investors can expect to find offerings of studio units, 1-bedroom units, 1-bedroom plus den units, 2-bedroom units, as well as 2-bedroom plus den units. On the interiors of the condo units themselves, features such as spacious open-concept layouts, floor-to-ceiling windows, as well as gorgeous balconies, granite countertops, walk-in closets, deep soaker bathtubs, not to mention laminate flooring. For real estate investors really looking to invest somewhere not only worth their time and money, but also worth their future, investing in The Summit II holds high potential for a positive return on investment thanks to the steady increase in historical average PSF. There are also a number of amenities onsite for homebuyers to take advantage of, with examples including an exercise room, a swimming pool, a security guard service, as well as a sauna.Upon residents of The Summit II stepping outside, the amenities that are directly around 705 King St. W will become readily apparent in the form of a coffee shop, a bank, some restaurants, a grocery store, as well as a pharmacy. In order to get to the rest of downtown without using one’s own vehicle, a quick walk east on King St. W to Bathurst St. will procure both a TTC transit bus stop AND a TTC streetcar stop at the intersection. This will enable buyers to reach the other amenities across Toronto, as well as downtown’s largest shopping centre, the CF Toronto Eaton Centre. As for the TTC subway system, a bus ride or streetcar ride east on King St. W to University Ave. brings them to the St. Andrew subway station. By using the St. Andrew subway station, residents of The Summit II can travel across the city of Toronto. For the motorists who wish to have the quickest possible route from The Summit II directly to the nearest highway, the most ideal path to take would be to drive east on King St. W to Spadina Ave., then take Spadina Ave. south to Lake Shore Blvd. At Lake Shore Blvd., there is an on-ramp and off-ramp for the Gardiner Expressway, which serves the role of being an east-to-west highway stretching across Toronto’s lakeshore towards Etobicoke and Mississauga. Going eastward, the Gardiner Expressway turns north and turns into the Don Valley Parkway (Highway 404). Having access to both highways, transit buses, the subway system, and the streetcar system means a nearly infinite distance (and nearly infinite methods) at which residents of The Summit II can travel around Toronto and beyond.