224 King St W 1806
Waterfront Communities C1, Downtown Toronto, M5H 0A6
FOR SALE
$480,000
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Property Description
Location, location, location! Don't miss out on the stunning views from the renowned and highly sought after Theatre Park condo, next door to the Royal Alexandra, across the street from Roy Thomson Hall, and just steps from the PATH and subway! This condo or pied--terre has everything you need in the heart of downtown, including sunny south views of David Pecaut Square and Metro Hall, the lake, and vibrant King Street West. Floor to ceiling, wall-to-wall windows and 9' ceilings with exposed concrete make this a bright, inviting space for you to call home. The large balcony includes a gas BBQ and gas outlet for year-round enjoyment. Take a dip in the outdoor pool and terrace, or head to the gym before hitting the theatres, concert halls, shops, restaurants and bars. Perfect for anyone who wants to be in the heart of it all.
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Extras
Hardwood floors, S/S appliances, gas cooktop, gas BBQ on balcony!
Nearby Intersections
Jane & Lawrence (30)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,838 (2024)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.99' x 16.08' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Dining | Flat | 10.99' x 16.08' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 10.99' x 16.08' | Hardwood Floor, Stainless Steel Appl, Combined W/Dining |
| Other | Flat | 5.91' x 10.99' | Balcony, South View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 1806 is a 0-bedroom 1-bathroom condo listed for sale at $480,000, which is $65,044 (15.7%) higher than the average sold price of $414,956 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $17,116 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $7,488 (1.8%) from the same time one year ago.Inventory Change
There were 75 0-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is up 2.7% compared with the previous 30 day period (September 21 - October 20) and up 31.6% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,475) (3.2%) below asking price over the last 30 days (October 21 - November 19), which represents a $285 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,671) 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 (October 21 - November 19) stood at 33.3%, up from 30.1% over the previous 30 days (September 21 - October 20) and down from 33.3% 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 34 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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