318 King St E 1104
Moss Park, Downtown Toronto, M5A 0C1
FOR SALE
$1,200,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to urban living at its finest in the heart of Toronto! This immaculate original-owner-occupied 1-bedroom plus den, 2-bathroom condo at The King East offers 1,087 square feet of contemporary living space and 149sqft exterior balcony. Located in one of Toronto's most vibrant neighbourhoods(Corktown/Design District), this unit is perfect for professionals, couples, or anyone looking to enjoy the best of city living. Step inside and be greeted by an open-concept layout featuring upgraded lighting throughout. The spacious living and dining areas are ideal for entertaining or simply relaxing after a long day. The modern kitchen is a home-cooks dream, equipped with gas cooking, stainless steel appliances, and ample counter space. The large bedroom offers plenty of storage with closets equipped with custom built-ins, and the den is perfect for a home office or guest room. The two well-appointed bathrooms provide convenience and luxury, with modern finishes and fixtures. Step out onto the private balcony, complete with a gas BBQ line and PVC composite decking, perfect for all-season grilling while enjoying the views of the city. Premium, hand-selected parking and locker included.
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Extras
Located steps away from shops, restaurants, public transit(across from future Ontario Line). Downtown lifestyle with nearby access to DVP and Gardiner Expressway. Don't miss your chance to own a piece of Toronto's vibrant real estate!
Nearby Intersections
Property Features
Clear View, Hospital, Library, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,657 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Lvl A, Unit 11)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Ground | 4.99' x 16.99' | Hardwood Floor, Double Closet, Laminate |
| Living | Ground | 16.99' x 21.98' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Dining | Ground | 16.99' x 21.98' | Hardwood Floor, Combined W/Living, West View |
| Kitchen | Ground | 16.99' x 21.98' | O/Looks Living, Breakfast Bar, B/I Appliances |
| Prim Bdrm | Ground | 11.06' x 11.15' | Hardwood Floor, Double Closet, 5 Pc Ensuite |
| Den | Ground | 8.99' x 9.55' | Hardwood Floor, B/I Shelves |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 1104 is a 1-bedroom 2-bathroom condo listed for sale at $1,200,000, which is $634,016 (112.0%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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