1 King St W 2906
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$399,000
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Property Description
Enjoy World Class Elegance and Contemporary Sophistication at This Prime Location in the Heart of Toronto Financial District - Yonge & King. Be Amazed By the Soaring 10 ft Ceiling, Super Large and Airy Space, Open Concept Living. Tons of Natural Sunlight Floods Every Corner, Large Windows Stretch Across The Walls, Offering Stunning Unobstructed Views of Both The City Skyline and The Serene Lake. One of The Best Layout Suites In the Building. Direct Access to PATH and Subway by Just Using Your Elevator. Minutes of Walking Distance to the Lake, Universities, Galleries, Theatres, and Much Much More. This Home Provides the Perfect Blend of Urban Convenience and Scenic Tranquility. Embrace Your Best Lifestyle In This Excellent Property!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-18 | 2024-09-18 | 62 | $445,000 | - | Terminated |
Extras
Brand New Aesthetic Flooring, Freshly Painted. All Utilities Included in Maintenance, Including WiFi & TV! One of The Few Units In The Building with Expanding Curve Window, Giving Much Larger Space, Light, both City and Sun Rise Lake View.
Nearby Intersections
Weston & 401 (60)
Weston & Lawrence (66)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,946 (2024)
Basement
None
Exterior
Concrete, Stone
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 |
|---|---|---|---|
| Living | Flat | 17.72' x 16.40' | Large Window, East View |
| Kitchen | Flat | 8.86' x 8.20' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 2906 is a 1-bedroom 1-bathroom condo listed for sale at $399,000, which is $169,139 (29.8%) lower than the average sold price of $568,139 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,741 (1.0%) compared to the previous 30 day period (July 21 - August 19) and down $46,514 (7.6%) from the same time one year ago.Inventory Change
There were 1,512 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 18.8% compared with the previous 30 day period (July 21 - August 19) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,027) (1.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $2,120 decrease compared to the previous 30 day period (July 21 - August 19) and ($7,870) 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 20 - September 18) stood at 33.5%, down from 38.0% over the previous 30 days (July 21 - August 19) and down from 37.8% 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 34 days when successfully sold over the last 30 days (August 20 - September 18), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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