318 King St E 513

FOR SALE
$455,000
318 King St E 513, Downtown Toronto
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
318 King St E 513
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C12004199
MLSID
Contact Us
Property Description
A rarely available 1-bedroom soft loft in a stunning boutique low-rise! Situated in the heart of the Design District, this stylish home puts you within walking distance of the Distillery District, St. Lawrence Market, and an incredible selection of shops and restaurantsoffering the best of east-end living. Ontario line being built right in front of the building! Inside, you'll find sleek flooring, a contemporary kitchen with high-end appliances (including a full-sized gas stove!), and a spacious, modern bathroom. The soaring 10-foot exposed polished concrete ceilings add an undeniable rustic feel, while floor-to-ceiling windows showcase unobstructed southern views, bathing the space in natural light all day long. Bonus: In this boutique low-rise, elevator waits are a thing of the past!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-31 2021-06-14 75 $1,700 $1,650 Leased
2020-10-04 2020-10-15 11 $1,800 $1,675 Leased
2020-08-26 2020-08-28 2 $499,900 $480,000 Sold
2019-05-23 2019-05-25 2 $1,800 $1,960 Leased
Nearby Intersections
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,974 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround12.80' x 14.99'Hardwood Floor, South View, Combined W/Dining
DiningGround12.80' x 14.99'Combined W/Living, Hardwood Floor, Open Concept
BrGround10.20' x 12.80'Closet, Open Concept, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 513 is a 1-bedroom 1-bathroom condo listed for sale at $455,000, which is $102,110 (18.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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