The Summit III Condos
by Toddglen
1Listing for Salefor Sale
1Listing for Rentfor Rent
Building Details
Property Type:
Condo
Number of Storeys:
13
Number of Units:
160
Condo Completion:
1985
Condo Demand:
High
Unit Size Range:
647 - 1,137 SQFT
Unit Availability:
Low
Property Management:
Listing History for The Summit III Condos
Receive listing updates for King West
Amenities
Visitor Parking
Rec Room
Concierge
Games Room
Media Room
Gym Room
Maintenance Fees
Included
Water
Excluded
Hydro
Heat
Air Conditioning
About 725 King Street W — The Summit III Condos
Property description coming soon
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1Listings For Sale
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1Listings For Rent
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Explore King West
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 condos
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 III Condos vs The King West Area
Building Trends At The Summit III Condos
Days on Strata
Units at The Summit III Condos spend an average of
3
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
10.3
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
71st
Highest price per SQFT out of 101 condos in the King West area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
5
Units were Rented over the past twelve months
Best Value Rank
The Summit III Condos offers the best value out of 101 condos in the King West neighbourhood
?
Appreciation Rank
The Summit III Condos has the highest ROI out of 101 condos in the King West neighbourhood
?
Rental Yield
The Summit III Condos yields the highest rent prices out of 101 condos in the King West neighbourhood
?
High Demand
The Summit III Condos is the most popular building out of 101 condos in the King West neighbourhood
?
Transaction Insights at 725 King Street W
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | $625,000 | $800,000 | No Data |
| Avg. Cost Per Sqft | No Data | $770 | $842 | No Data |
| Price Range | $2,500 | $2,700 | No Data | $3,150 - $3,400 |
| Avg. Wait for Unit Availability | No Data | 82 Days | 453 Days | 301 Days |
| Avg. Wait for Unit Availability | 594 Days | 94 Days | 552 Days | 656 Days |
| Ratio of Units in Building | 7% | 64% | 13% | 18% |
Unit Sales vs Inventory
Total number of units listed and sold in King West
