1 King St W 2903
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$428,000
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BEDROOMS1
BATHROOMS1
KITCHENS2
ROOMSC12019385
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Property Description
Location, Location, Location, 1 King West is a Hotel-Residential building in the heart of downtown Toronto financial district. Fully furnished suite ready to move-in, Right on the Yonge St. & King Subway station & TTC, minutes to Eaton Center & restaurants, entertainment district, access to The Path network from the building, Universities, 24 hours security &concierge on site property management. Access to room service and valet parking upon request. The best investment, & affordable. This suite is 544 Sq Ft (according Mpac) with a view of North & East. Great floorplan, large bedroom with enough space to have your desk and office space. Amenities on the 17th floor (Recreational Facilities, Indoor Lab-pool, Dry Sauna, Outdoor Summer Lounge, exercise Room). This unit to be Sold "As Is, Where Is" Condition.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-23 | 2024-02-21 | 90 | $2,350 | - | Expired |
| 2023-08-02 | 2023-08-15 | 14 | $419,000 | $419,000 | Sold |
| 2020-12-22 | 2021-02-21 | 61 | $1,525 | $1,400 | Leased |
| 2020-09-08 | 2020-12-22 | 105 | $1,750 | - | Terminated |
| 2020-07-06 | 2020-08-31 | 60 | $1,900 | - | Expired |
| 2019-04-18 | 2019-05-28 | 40 | $2,300 | $2,300 | Leased |
Nearby Intersections
Yonge & Wellington (24)
Yonge & King (13)
Property Features
Clear View, Hospital, Library, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,382 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.76' x 14.60' | |
| Foyer | Main | 4.92' x 12.01' | |
| Bathroom | Main | 4.92' x 10.07' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 2903 is a 0-bedroom 1-bathroom condo listed for sale at $428,000, which is $49,875 (13.2%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% 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 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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