1 King St W 1501
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$399,900
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Property Description
Introducing An Exceptional 1-Bedroom + Den (Open) Condo At 1 King West - Hotel & Residences, Where Luxury Living Meets Professional Convenience! Nestled In The Prestigious Heart Of Toronto's Financial & Entertainment Districts, This Residence Provides Unparalleled Access To The City's Vibrant Life! Connected Directly To The PATH & King Subway Station, Residents Enjoy Effortless Mobility With Access To Over 70 Buildings And 27 Km Of Underground Walkways. This Unit Features Soaring 12Ft Vaulted Ceilings W/ Views Of King St; Offering A Modern And Stylish Living Space! Sold Fully Furnished, The Condo Provides A Seamless Transition For The New Owner To Move In And Start Enjoying Their New Home Right Away. Valet Parking Adds Convenience And Peace Of Mind To The Urban Lifestyle. The Unbeatable Location Grants Quick And Easy Access To An Abundance Of Dining, Shopping, Entertainment, And Business Opportunities, Making It An Ideal Choice For Urban Professionals, Couples, Or Anyone Seeking The Quintessential Downtown Toronto Experience. Building Amenities Include: 24 Hr Concierge/Security, Party Room, Business Centre, Guest Suites, Sauna, Indoor Pool, Gym/Rec Room, Rooftop Deck, And More!
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Extras
Whether You Seek The Tranquility Of Home Or The Excitement Of The City, 1 King West Offers An Unparalleled Lifestyle Where Every Detail Is Crafted With Your Comfort And Convenience In Mind!
Nearby Intersections
Yonge & Wellington (36)
Yonge & King (11)
Property Features
Hospital, Lake/Pond, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,172 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 12.01' x 15.49' | Combined W/Living, Granite Counter, B/I Dishwasher |
| Living | Flat | 12.01' x 15.49' | Hardwood Floor, Irregular Rm, B/I Shelves |
| Br | Flat | 12.01' x 10.01' | Hardwood Floor, Separate Rm, 4 Pc Ensuite |
| Den | Flat | 6.00' x 8.33' | Hardwood Floor, Irregular Rm, Picture Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 1501 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $171,558 (30.0%) lower than the average sold price of $571,458 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $692 (0.1%) compared to the previous 30 day period (July 30 - August 28) and down $46,879 (7.6%) from the same time one year ago.Inventory Change
There were 1,678 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 39.9% compared with the previous 30 day period (July 30 - August 28) and up 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,783) (1.9%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,215 decrease compared to the previous 30 day period (July 30 - August 28) and ($7,993) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 29.3%, down from 43.9% over the previous 30 days (July 30 - August 28) and up from 28.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (August 29 - September 27), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Accsell Realty Inc.
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