224 King St W 2406
Waterfront Communities C1, Downtown Toronto, M5H 0A6
FOR SALE
$1,180,000
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Property Description
Welcome to Theatre Park Condo, located in the heart of Toronto's vibrant downtown area. This stunning two-bedroom unit offers breathtaking views facing the southwest, overlooking the serene lake, Roy Thomas Hall, and David Pecant Square. The unit features beautifully crafted engineered hardwood floors, adding a touch of elegance to the space. The property has been meticulously maintained, ensuring a comfortable and inviting living environment for its residents. With its prime location and luxurious amenities, Theatre Park Condo offers a unique opportunity to experience urban living at its finest. Don't miss out on the chance to make this exquisite condo your new home. Steps to the St. Andrew Subway station. One underground parking spot is included.
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Extras
815sf plus 124sf balcony.
Nearby Intersections
Jane & Lawrence (13)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,998 (2023)
Basement
None
Exterior
Concrete, Other
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 16.99' | |
| Prim Bdrm | Main | 12.99' x 8.99' | |
| 2nd Br | Main | 7.97' x 10.99' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 2406 is a 2-bedroom 1-bathroom condo listed for sale at $1,180,000, which is $374,931 (46.6%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Waterloo Region
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