224 King St W 2306
Waterfront Communities C1, Downtown Toronto, M5H 0A6
FOR SALE
$480,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
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Property Description
.Embrace the vibrant city life with this stylish bachelor studio condo, perfectly situated in downtown Toronto! This thoughtfully designed space offers an open-concept layout, blending living, dining, and kitchen areas seamlessly. Enjoy the luxury of natural light all day long with spectacular south-facing views, perfect for soaking in the skyline and sunsets over Lake Ontario.Key Features Include; Open-Concept Layout, Smartly designed to maximize space and comfort, South-Facing Views - Enjoy abundant natural light and stunning vistas. Prime Location: Steps from the best shops, restaurants, and entertainment that downtown Toronto has to offer. Easy Transit Access: Minutes to major subway and bus routes for effortless commuting.Modern Finishes: Sleek kitchen, contemporary fixtures, and beautiful flooring throughout. Whether you're a young professional or an investor, this condo offers the perfect combination of style, convenience, and unbeatable location. Dont miss out on this incredible opportunity schedule your viewing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-23 | 2024-11-19 | 29 | $2,400 | - | Suspended |
| 2024-10-23 | 2024-11-08 | 18 | $480,000 | $465,800 | Sold |
| 2021-03-19 | 2021-03-22 | 5 | $1,300 | $1,405 | Leased |
Extras
All Existing Appliances, All Existing Window Coverings, All Existing Light Fixtures & Gas BBQ On Balcony!!
Nearby Intersections
Jane & Lawrence (28)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,938 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 2306 is a 0-bedroom 1-bathroom condo listed for sale at $480,000, which is $61,713 (14.8%) higher than the average sold price of $418,287 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $18,642 (4.7%) compared to the previous 30 day period (September 23 - October 22) and up $1,541 (0.4%) from the same time one year ago.Inventory Change
There were 72 0-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is up 1.4% compared with the previous 30 day period (September 23 - October 22) and up 18.0% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,119) (3.1%) below asking price over the last 30 days (October 23 - November 21), which represents a $306 increase compared to the previous 30 day period (September 23 - October 22) and ($6,108) 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 23 - November 21) stood at 33.3%, down from 33.8% over the previous 30 days (September 23 - October 22) and up from 29.5% 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 23 - November 21), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Rare Real Estate
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