About The Summit Ⅲ
The Summit III is a 13-storey mid-rise condo building in Toronto's Niagara neighbourhood with 160 units. Located in the M5V postal area, it offers a mix of one and two-bedroom layouts averaging 620 square feet, with current listings ranging from $439,900 to $529,000 for purchase and around $2,250 monthly for rent. This building serves both buyers seeking an affordable entry point and renters looking for neighbourhood stability in a central Toronto location.
The Niagara neighbourhood sits near King West and offers walkable access to shops, restaurants, and cultural venues along Queen Street West. Transit is convenient with streetcar and bus routes nearby, making commutes straightforward across the city. The area suits young professionals, small families, and downsizers who want urban convenience without paying premium downtown prices.
Frequently asked questions
What type of building is The Summit III and how many units does it have?
The Summit III is a 13-storey mid-rise residential condo building containing 160 units in total. The building offers a variety of floor plans, with most units featuring one or two bedrooms and averaging around 620 square feet. This mid-rise scale is characteristic of Toronto's inner residential neighbourhoods, offering more density than low-rise housing while maintaining a human-scaled presence on the street. The building type and unit mix make it accessible for first-time buyers, downsizers, and renters seeking affordable urban living without the premium pricing of taller towers.
What's the neighbourhood like around The Summit III?
The Summit III sits in the Niagara neighbourhood, a vibrant west-central Toronto area bounded by King West to the south and Queen West to the north. The location offers excellent walkability, with independent shops, cafes, galleries, and restaurants within steps of the building. Transit access is strong, with streetcar lines on King and Queen providing quick connections across the city, and multiple bus routes serving the area. The neighbourhood blends residential comfort with urban energy, attracting young professionals, creative workers, and families who want to be near Toronto's cultural and commercial core without paying downtown premium rents or purchase prices.
What should I consider if I'm thinking about buying or renting at The Summit III?
If you're considering a purchase or rental here, think about what unit size and bedroom count matches your needs, since the building offers a mix of one and two-bedroom layouts. For buyers, current listings show units across a range of price points, so it's worth exploring what's available at your budget and how different floor levels or exposures affect the feel of individual units. For renters, check what's included in the monthly cost and whether utilities, parking, and pet policies align with your situation. Ask about the building's maintenance fees for purchase, the age and condition of systems like HVAC and plumbing, and whether there's onsite parking or if street parking is typical for the area. Finally, visit the neighbourhood at different times of day and seasons to see if the Niagara area's character and pace fit your lifestyle.