224 King St W 1504
Waterfront Communities C1, Downtown Toronto, M5H 0A6
FOR SALE
$1,299,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
ROOMSC9508752
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Property Description
Welcome to Theatre Park, located in the heart of the entertainment district. Enjoy stunning southeast city views adjacent to Roy Thompson Halland David Pecaut Square, beside the Royal Alexandra Theatre, and along a row of venues including the Princess of Wales Theatre and the TIFF Bell Lightbox. The modern finishes include exposed concrete walls, engineered hardwood flooring, wall to wall closets, floor-to-ceiling windows, stainless steel appliances including a rare gas stove, and a barbecue on the balcony. Exceptional Amenities: outdoor pool, gym, party room, and24-hour concierge. Steps away from the PATH, St. Andrew Station, and more.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-07 | 2024-10-07 | 92 | $1,299,000 | - | Expired |
| 2022-07-14 | 2022-08-01 | 18 | $4,500 | $4,500 | Leased |
| 2022-06-07 | 2022-08-03 | 57 | $1,478,000 | - | Terminated |
| 2022-05-02 | 2022-06-07 | 36 | $1,498,000 | - | Terminated |
Extras
Stainless Steel Blomberg Fridge, Fulgor Gas Stove & Oven , Whirlpool Microwave Rangehood ; LG Dishwasher, Samsung Washer And Dryer. All Existing Lighting Fixtures. All Window coverings. 1 Parking Spot & 1 Locker.
Nearby Intersections
Jane & Lawrence (17)
Property Features
Arts Centre, Clear View, Hospital, Lake Access, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$5,078 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3-20)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.07' x 15.85' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Dining | Main | 14.07' x 15.85' | Hardwood Floor, Open Concept, Se View |
| Kitchen | Main | 14.07' x 15.85' | Hardwood Floor, Breakfast Area, Stainless Steel Appl |
| Prim Bdrm | Main | 10.17' x 10.99' | Hardwood Floor, Double Closet, Window Flr to Ceil |
| 2nd Br | Main | 8.17' x 10.33' | Hardwood Floor, Double Closet, Window Flr to Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 1504 is a 2-bedroom 2-bathroom condo listed for sale at $1,299,000, which is $560,248 (75.8%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) 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 2-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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