224 King St W 4501

FOR SALE
$2,298,000
224 King St W 4501, Downtown Toronto
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
224 King St W 4501
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
C8483294
MLSID
Contact Us
Property Description
Welcome to urban living at 224 King St West in Toronto's Entertainment District! This stunning 3-bedroom condo boasts 10-foot ceilings and a warm contemporary style. The open-concept layout maximizes space and natural light. Enjoy a sleek kitchen with high end stainless steel appliances and quartz countertops. Floor-to-ceiling windows offer breathtaking views of the Toronto skyline. Each bedroom is a tranquil retreat with ample closet space. One parking spot with "EV Charger" dedicated to the space. Residents enjoy access to amenities including a fitness center and rooftop terrace -w- outdoor pool. Indulge in the Vintage conservatory on the ground floor, featuring wine storage and a private restaurant for in-suite dining. With world-class dining, entertainment, and shopping just steps away, this condo offers unparalleled convenience in a dynamic neighbourhood. Experience urban living at its finest - schedule your viewing today.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-09 2024-06-27 79 $2,349,000 - Terminated
2022-12-03 2022-12-20 17 $8,000 $8,000 Leased
2022-12-03 2022-12-22 19 $2,495,000 - Terminated
2022-10-25 2022-12-03 39 $2,625,000 - Terminated
2022-10-03 2022-12-03 61 $9,000 - Terminated
2022-09-23 2022-10-03 10 $12,000 - Terminated
2022-03-03 2022-04-03 31 $2,850,000 - Terminated
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$8,748 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain15.62' x 22.47'W/O To Terrace, Hardwood Floor, Gas Fireplace
DiningMain13.32' x 18.34'Open Concept, W/O To Terrace, Gas Fireplace
KitchenMain13.32' x 18.34'Combined W/Dining, Centre Island, Stainless Steel Appl
Prim BdrmMain15.85' x 17.59'5 Pc Ensuite, W/I Closet, W/O To Terrace
2nd BrMain10.83' x 13.09'4 Pc Ensuite, Hardwood Floor, Double Closet
3rd BrMain8.43' x 11.25'Sliding Doors, Hardwood Floor, Double Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 4501 is a 3-bedroom 3-bathroom condo listed for sale at $2,298,000, which is $1,421,255 (162.1%) higher than the average sold price of $876,745 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $100,662 (10.3%) compared to the previous 30 day period (May 5 - June 3) and down $64,496 (6.9%) from the same time one year ago.
Inventory Change
There were 250 3-bedroom condos listed in Downtown Toronto over the last 30 days (June 4 - July 3), which is down 4.6% compared with the previous 30 day period (May 5 - June 3) and up 22.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($27,349) (3.1%) below asking price over the last 30 days (June 4 - July 3), which represents a $8,941 decrease compared to the previous 30 day period (May 5 - June 3) and ($685) 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 3-bedroom condos in Downtown Toronto over the last 30 days (June 4 - July 3) stood at 31.2%, down from 34.4% over the previous 30 days (May 5 - June 3) and down from 60.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (June 4 - July 3), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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