1 King St W 814
Bay Street Corridor, Downtown Toronto, M5H 1A1
FOR SALE
$518,000
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Property Description
Welcome to One King West "Silver Tower". One of The Most Historical and Luxury Boutique Hotels and Residence High-End Lifestyle in The Heart Of Downtown Toronto. Tourism Eye Attraction of The Historic Dominion Banking Building. Move in and Experience this Luxury Amenities and Award-Winning Customer Service: Like Valet Parking, Sauna and Hot Tub, Outstanding Meeting Room and Professional Rooftop Fitness Center (17th Floor). One King West Places Offers the Most convenience Location that is Minutes to Downtown Financial District, Entrainments and Shopping Districts. Direct Connect to The Path As Well As King Subway Station, Easy Access to Gardiner Expressway. The New Building was Completed by 2006 with 575 Suites in Total. The Most Notable Feature is The Hotel Rental Pool Program (The Seller is on the Waiting List) with Potential Short Term Rental Income and Profit Sharing. This Fully Furnished and Functional One Bedroom One Bath Condo is Over 600Sq, Offer With Parking. Maintenance is Including: Hydro, Water, AC, Heat, Parking, Internet and Cable TV. Whether You Are Looking To Expand Your Investment Portfolio Or Seek A Move-In Ready Home to Immerse The City Life, Your Search Ends Here.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-30 | 2024-04-29 | 30 | $2,850 | - | Suspended |
| 2024-03-30 | 2024-04-29 | 30 | $599,900 | - | Suspended |
| 2024-02-23 | 2024-03-29 | 35 | $638,000 | - | Terminated |
| 2024-02-23 | 2024-03-22 | 28 | $638,000 | - | Suspended |
| 2023-11-18 | 2024-02-29 | 103 | $3,000 | - | Expired |
| 2021-11-26 | 2021-12-16 | 20 | $628,800 | $620,000 | Sold |
Extras
Fully Furnished Suite With All Existing Appliances, Window Coverings & Electrical Light Fixtures. Condo Fee Includes: TV Cable, Water, Hydro, Heat, A/C, Wifi, Valet Parking
Nearby Intersections
Weston & 401 (60)
Weston & Lawrence (48)
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,632 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 814 is a 1-bedroom 1-bathroom condo listed for sale at $518,000, which is $52,831 (9.3%) lower than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) more 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 (October 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% 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 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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