1 King St W 1601
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$399,900
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BEDROOMS1
BATHROOMS1
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ROOMSC10430016
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Property Description
Welcome To The Luxurious One King St. W. Hotel & Residences- Part Of Toronto's Heritage***Live & Work In The Heart Of The Financial District***Soaring 12Ft Ceiling W/ Views Of King St.***Open Concept Layout***Spacious Primary Bdr W/ 4Pc Ensuite & Soaker Tub***Direct Connections To The P.A.T.H & Ttc***State-Of-The-Art Building Amenities***Less Than A 5 Minute Walk To Toronto's Eaton Centre***A Few Minutes To Drive To The Gardiner Expressway*** **EXTRAS** Location! Location! Location!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-18 | 2024-11-18 | 61 | $499,900 | - | Terminated |
| 2023-01-20 | 2023-05-31 | 0 | $528,888 | - | Expired |
Nearby Intersections
Weston & 401 (45)
Weston & Lawrence (36)
Property Features
Hospital, Lake/Pond, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,332 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.52' x 18.11' | Laminate, Open Concept, Combined W/Living |
| Living | Main | 8.66' x 18.11' | Laminate, Open Concept, Combined W/Kitchen |
| Prim Bdrm | Main | 10.50' x 15.58' | 4 Pc Ensuite, Large Window, Laminate |
| Den | Main | 6.27' x 8.43' | Large Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 1601 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $157,210 (28.2%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Community Realty Inc.
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