318 King St E 716

FOR SALE
$989,000
318 King St E 716, Downtown Toronto
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
318 King St E 716
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9354879
MLSID
Contact Us
Property Description
Stylish loft-inspired southwest corner apartment in a quiet St Lawrence Market mid-rise building showcasing an urban skyline view. Approximately 1031 sf & 188 sf balcony. Featuring a grand living space ideal for entertaining, hardwood floors throughout, open concept kitchen showcasing stainless steel appliances, quartz countertop, gas range, centre island, 2 modern baths & a walkout to a large balcony showcasing a BBQ gas line, skyline views, great sunsets & captivating skyline nightscapes.1 parking & 1 locker included. The building features 24hr concierge, party room, communal terrace, visitor parking & BBQ are permitted.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-24 2024-09-21 28 $1,045,000 - Terminated
2022-11-02 2022-12-05 33 $3,695 $3,695 Leased
Extras
Minutes to the St Lawrence Market, Corktown, Distillery District, Toronto's Waterfront & Don River Trails. Rapidly changing lower east side providing access to future East Harbour, Parliament Slip, Villiers Island & Corktown Subway Station.
Nearby Intersections
Property Features
Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,449 (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 C, unit 36)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerFlat5.02' x 14.99'Hardwood Floor, Double Closet
LivingFlat10.43' x 18.64'Combined W/Dining, Hardwood Floor, W/O To Balcony
DiningFlat10.43' x 11.15'Combined W/Living, Hardwood Floor, West View
KitchenFlat10.43' x 11.15'O/Looks Dining, Stainless Steel Appl, Quartz Counter
Prim BdrmFlat9.97' x 11.48'Hardwood Floor, W/I Closet, 3 Pc Ensuite
2nd BrFlat8.99' x 10.24'Hardwood Floor, Double Closet, West View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 716 is a 2-bedroom 2-bathroom condo listed for sale at $989,000, which is $216,032 (27.9%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.
Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Pope Real Estate Limited
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