318 King St E 318
Moss Park, Downtown Toronto, M5A 1K6
FOR SALE
$580,000
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Property Description
Welcome to this corner unit, south-facing boutique condo ideally located just steps from the Distillery District, St. Lawrence Market, and waterfront. This 650 sqft space is bathed in natural light from floor-to-ceiling windows, enhancing its airy ambiance. Features include a spacious master bedroom, stainless steel appliances, gas stove, built-in microwave, fridge, and dishwasher accented by a stylish backsplash. Enjoy 9-foot ceilings, a gas hook-up on a extra large private balcony spanning 125 sqft, perfect for outdoor relaxation or dining. Ample storage and elegant pre-engineered floors throughout add to the condo's appeal. The foyer doubles as an office or sitting area, maximizing living space efficiency. Located across the street from a future Ontario Line station, commuting will be effortless. TTC access at your doorstep further enhances convenience. This condo is also within walking distance to shopping, restaurants, schools, and more, making it an ideal urban retreat.
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Extras
Gas, water, heat/AC included in maintenance fees
Nearby Intersections
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,590 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 18.01' x 12.01' | Open Concept, Combined W/Dining, Hardwood Floor |
Dining | Main | 18.01' x 12.01' | W/O To Balcony, Combined W/Living, Hardwood Floor |
Kitchen | Main | 18.01' x 12.01' | Modern Kitchen, Stainless Steel Appl, Stone Counter |
Prim Bdrm | Main | 8.01' x 12.01' | Sliding Doors, Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 318 is a 1-bedroom 1-bathroom condo listed for sale at $580,000, which is $8,459 (1.5%) higher than the average sold price of $571,541 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,695 (1.7%) compared to the previous 30 day period (July 9 - August 7) and down $39,653 (6.5%) from the same time one year ago.Inventory Change
There were 1,218 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 8 - September 6), which is down 21.6% compared with the previous 30 day period (July 9 - August 7) and down 2.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,252) (1.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $3,270 increase compared to the previous 30 day period (July 9 - August 7) and ($7,469) 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 8 - September 6) stood at 43.0%, up from 32.8% over the previous 30 days (July 9 - August 7) and down from 48.6% 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 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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Experience Luxury Living at 460 Adelaide St E! Top 5 reasons why you will love this condo: 1) Spacious Living and Entertainment Ready: This large 669 sq.ft. 1-bedroom + DEN, 1 bathroom layout with a spacious living/dining area is perfect for hosting friends and family, making every gathering special. 2) Exceptional Amenities and Design: This condo offers exclusive access to a state-of-the-art gym and a luxurious rooftop patio, plus a stunning grand lobby The builder, Greenpark, is known for their high-quality and innovative urban developments, ensuring a premium living experience. 3) Extra Large Den: The oversized DEN can be used as a versatile home office, a hobby space, or a spare bedroom. 4) Prime Location: Conveniently situated just a short stroll from the vibrant Distillery District and only a 5-minute walk from the upcoming TTC Corktown subway station, giving you a lively, connected lifestyle. 5) Effortless Commuting: Enjoy direct access to the financial district via the King St streetcar, ensuring a quick and easy commute, reducing stress and giving you more time to enjoy life. Experience the pinnacle of urban living at 460 Adelaide St E! Make this unique property your home today and feel the blend of luxury, convenience, and vibrant city life every day!
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