1 King St W 2901
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$399,000
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Property Description
One King West Residences is a full-service hotel residence building in the heart of the city. This suite comes fully furnished and ready to make your own. This suite is 517 sq. ft. and could easily be converted from a studio into a true one bedroom apartment. West exposure brings in plenty of natural light. The location is superb for access to the financial district, entertainment, restaurants, TTC, The PATH and much much more. Amenities include dry sauna, outdoor summer lounge & gym. The hotel staff is 24-hour security and concierge, on-site property management on the 4th floor as well as access to room service and valet parking. Not part of hotel rental pool.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-07-06 | 2020-08-19 | 48 | $1,750 | $1,750 | Leased |
| 2019-11-04 | 2020-01-31 | 88 | $2,150 | - | Expired |
Nearby Intersections
Weston & 401 (53)
Weston & Lawrence (34)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,411 (2024)
Basement
None
Exterior
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 |
|---|---|---|---|
| Foyer | Main | 4.27' x 7.91' | Broadloom |
| Living | Main | 11.25' x 12.40' | Broadloom, West View |
| Study | Main | 5.35' x 5.58' | Broadloom, Combined W/Kitchen |
| Br | Main | 10.43' x 11.91' | Broadloom, West View |
| Bathroom | Main | 4.92' x 11.58' | Tile Floor, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 2901 is a 0-bedroom 1-bathroom condo listed for sale at $399,000, which is $18,185 (4.4%) lower than the average sold price of $417,185 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $8,859 (2.2%) compared to the previous 30 day period (October 18 - November 16) and down $15,725 (3.6%) from the same time one year ago.Inventory Change
There were 45 0-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 40.8% compared with the previous 30 day period (October 18 - November 16) and up 18.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,231) (3.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $617 decrease compared to the previous 30 day period (October 18 - November 16) and ($10,215) 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 0-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 44.4%, up from 34.2% over the previous 30 days (October 18 - November 16) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (November 17 - December 16), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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