224 King St W 1702
Waterfront Communities C1, Downtown Toronto, M5V 1H8
FOR SALE
$583,000
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BEDROOMS1
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Property Description
Welcome Home To This Rarely Offered, Well Appointed Loft At The Highly Sought After Theatre Park Lofts.Located In The Heart Of King West, Specifically Toronto's Historical Theatre Park District, This North Facing Unit with Panoramic Views (E to W) Offers Exposed Concrete, An Open Concept Layout, Modern Finishes Throughout, And A Sizeable Terrace Equipped W/A Gas Line & BBQ W/ Incredible Views. The Floor To Ceiling Windows Flood The Space W/Natural Light. The Modern Kitchen Features Stainless Steel Appliances, Quartz Countertops & Ample Storage. Whether Enjoying The Pool (& Other Incredible Amenities) W/in Your Building, Catching A Show At Neighbouring Theatres, Or Enjoying Top Restaurants & Shopping At Your Doorstep, This Location Has It All. Want To Hop On A Last Min Flight At Billy Bishop Airport or Pearson? Get The Shuttle Just Steps Away to Billy Bishop Or Jump On The Up At Union! Close To Everything In The Downtown Core, Subway, The Path, Restaurants, Nightlife & Entertainment. Amazing Walk Score! Extremely Well Maintained Building W/24 Hr Concierge, Outdoor Pool/Party Room, And A Gym/Sauna. Perfect Pied-A-Terre or Investment Unit.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-15 | 2024-10-15 | 92 | $588,888 | - | Expired |
| 2024-07-03 | 2024-07-15 | 12 | $498,888 | - | Terminated |
| 2020-07-01 | 2020-07-21 | 20 | $579,000 | $579,000 | Sold |
Extras
Seller Willing To Include Automatic Espresso Maker, All Dishes, Pots, Pans, Glassware, Sofa Bed, Solid Walnut Standing Desk And Dyson Vacuum.
Nearby Intersections
Jane & Lawrence (33)
Property Features
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.
0-499
Taxes
$2,346 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Heat Pump
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 |
|---|---|---|---|
| Kitchen | Flat | 12.14' x 8.66' | Hardwood Floor, Modern Kitchen, Eat-In Kitchen |
| Dining | Flat | 12.14' x 8.66' | Hardwood Floor, Combined W/Kitchen, W/O To Terrace |
| Living | Flat | 7.71' x 9.02' | Hardwood Floor, Open Concept, Large Window |
| Prim Bdrm | Flat | 10.33' x 8.69' | Hardwood Floor, Large Closet, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 1702 is a 1-bedroom 1-bathroom condo listed for sale at $583,000, which is $16,096 (2.8%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices Toronto Realty
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