318 King St E 1104

FOR SALE
$1,125,000
318 King St E 1104, Downtown Toronto
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
318 King St E 1104
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9369614
MLSID
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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(optional 2nd bedroom), 2 FULL 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 with simple addition of sliding glass partition. The two well-appointed full 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-04 2024-09-26 22 $1,200,000 - Terminated
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
Property Details
Street
Community
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
Room Summary
RoomLevelSizeFeatures
FoyerGround4.99' x 16.99'Hardwood Floor, Double Closet, Laminate
LivingGround16.99' x 21.98'Hardwood Floor, W/O To Balcony, Combined W/Dining
DiningGround16.99' x 21.98'Hardwood Floor, Combined W/Living, West View
KitchenGround16.99' x 21.98'O/Looks Living, Breakfast Bar, B/I Appliances
Prim BdrmGround11.06' x 11.15'Hardwood Floor, Double Closet, 5 Pc Ensuite
DenGround8.99' x 9.55'Hardwood Floor, B/I Shelves
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 1104 is a 2-bedroom 2-bathroom condo listed for sale at $1,125,000, which is $355,337 (46.2%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.
Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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