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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

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.

© 2026 Connect Asset Management. All rights reserved.

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Home/The Addison Condos/Silk

Silk

Available

$800,990

$1,723/sq ft

1 Bed·1.0 Bath·465 sq ft·West·$1,723/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

465 sq ft

Exposure

West

Prev: Brocade2 / 3Next: Velvet
Silk Floor Plan at The Addison Condos - 465 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 02

Price History

$801K$817K$832K$848K$864KMar 23Feb 24

Launch Price

$863,990

$1,858/sq ft

Mar 26, 2023

Current Price

$800,990

$1,723/sq ft

▼$63,000 (-7.3%)
DatePricePrice / Sq Ft
Mar 26, 2023$863,990$1,858/sq ft
Feb 21, 2024$800,990
▼ $63,000
$1,723/sq ft
▼ $135/sqft

Comparable Listings Nearby

Beta

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629 King Street, Unit 513For SaleGood Match

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629 King Street, Unit 513

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For Rent6 listings
629 King Street W, Unit 216For LeaseStrong Match

$2,500/mo

629 King Street W, Unit 216

1 Bed1 Bath0-499 sqft
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629 King Street W, Unit 725For LeaseStrong Match

$2,550/mo

629 King Street W, Unit 725

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629 King Street W, Unit 326For LeaseGood Match

$2,550/mo

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629 King Street W, Unit 312For LeaseGood Match

$2,550/mo

629 King Street W, Unit 312

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629 King Street W, Unit 913For LeaseGood Match

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Deposit Structure

Deposit breakdown for this unit priced at $800,990

(15% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 90 days 2.5% - 360 days 2.5% - 540 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$30,050$40,050May 21, 2026
5% - 90 days5%$40,050$80,099Jul 20, 2026
2.5% - 360 days2.5%$20,025$100,124Apr 16, 2027
2.5% - 540 days2.5%$20,025$120,149Oct 13, 2027
5% - Occupancy5%$40,050$160,198At Occupancy
Total Deposit20.0%$160,198

465 sq ft × $0.79/sq ft = $367/mo

Add-ons

Monthly Mortgage (P&I)$3,397
Property Tax (est.)$434
Maintenance Fees$367
Total Monthly Cost$4,197
Est. Rental IncomeBeta−$2,175
Net Monthly Cost−$2,022

Down payment: $160,198 (20%) · Mortgage: $640,792

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).

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