318 King St E 208
Moss Park, Downtown Toronto, M5A 1K6
FOR SALE
$450,000
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Property Description
OFFERS WELCOME ANYTIME! Sophisticated 1 Bedroom Condo in a Stunning Boutique Building! Nestled in the heart of the vibrant Design District, this residence offers convenient walking access to the Distillery District, St. Lawrence Market, shops, and restaurants exemplifying premier east-end living. Featuring sleek laminate flooring throughout, a contemporary kitchen with high-end appliances including a full-sized gas stove, and a spacious modern bathroom. Enjoy soaring 10' ceilings and expansive floor-to-ceiling windows offering an unobstructed southern view, filling the space with abundant natural light all day long!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-30 | 2024-10-23 | 23 | $465,000 | - | Terminated |
Extras
Option to include the current furniture with sale. Please note the stager's decor is excluded from the sale. Building has a Concierge, Party Room and Meeting Room, Gym, Visitor Parking.
Nearby Intersections
Property Features
Hospital, Lake Access, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,888 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.09' x 15.26' | Open Concept, Window, Laminate |
| Dining | Main | 15.09' x 15.26' | Open Concept, Laminate, Open Concept |
| Kitchen | Main | 15.09' x 15.26' | Stainless Steel Appl, Open Concept, Stone Counter |
| Prim Bdrm | Main | 10.17' x 10.17' | Closet, Laminate, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 208 is a 1-bedroom 1-bathroom condo listed for sale at $450,000, which is $116,564 (20.6%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) more 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 (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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