318 King St E 401

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318 King St E 401, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C4916878
MLSID
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Property Description
The King East Lofts. Amazing Great 1 Bedroom Suite With Open Balcony Facing North. Exposed Concrete Ceiling & Feature Wall. Gas Stove And Gas Bbq Outlet Which Is Very Rare To Get In A Condo. Come And Check It Out. Motivated Seller For The Correct Price
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-29 2021-05-10 11 $499,000 $587,500 Sold
2020-11-17 2020-11-18 1 $399,999 $465,000 Sold
2020-10-19 2020-11-17 29 $499,999 - Terminated
Extras
Stainless Steel [Fridge, Stove, Built In Dishwasher, Microwave] Stacked White Washer & Dryer. Heat Pump Rented
Nearby Intersections
Property Details
Street
Community
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
600-699
Taxes
$2,115 (2019)
Basement
None
Exterior
Brick Front, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.76' x 14.01'Combined W/Dining, W/O To Balcony, Hardwood Floor
DiningFlat12.76' x 14.01'Combined W/Living, Open Concept, Hardwood Floor
KitchenFlat12.76' x 14.01'Open Concept, Stainless Steel Appl, Modern Kitchen
BrFlat9.42' x 11.32'Sliding Doors, Large Closet, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 401 is a 1-bedroom 1-bathroom condo listed for sale at $579,999, which is $21,420 (3.6%) lower than the average sold price of $601,419 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,160 (0.7%) compared to the previous 30 day period (January 29 - February 27) and down $13,480 (2.2%) from the same time one year ago.
Inventory Change
There were 1,430 1-bedroom condos listed in Downtown Toronto over the last 30 days (February 28 - March 28), which is up 23.7% compared with the previous 30 day period (January 29 - February 27) and up 31.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,838) (1.8%) below asking price over the last 30 days (February 28 - March 28), which represents a $600 decrease compared to the previous 30 day period (January 29 - February 27) and ($7,678) 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 (February 28 - March 28) stood at 45.3%, down from 48.7% over the previous 30 days (January 29 - February 27) and down from 65.0% 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 26 days when successfully sold over the last 30 days (February 28 - March 28), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Regal Realty Inc., Brokerage
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