318 King St E 903

FOR SALE
$740,000
318 King St E 903, Downtown Toronto
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
318 King St E 903
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11964602
MLSID
Contact Us
Property Description
Welcome to this exquisite one bedroom + den loft at The King East, nestled in one of Toronto's most vibrant and sought-after neighbourhoods. This sun-drenched, contemporary residence boasts soaring 9-foot exposed concrete ceilings, expansive floor-to-ceiling windows, and stunning engineered hardwood floors. The sleek, modern kitchen is outfitted with premium stainless-steel appliances, a gas stove, and elegant quartz countertops. Indulge in the serene luxury of the deep soaker tub in the bathroom, complemented by the added convenience of in-suite laundry. An ideal investment opportunity, this property offers unmatched connectivity with King Streetcar access at your doorstep and the highly anticipated Corktown Station across the street. Enjoy leisurely strolls to the picturesque lakefront, the trendy Distillery District, and the iconic St. Lawrence Market.
Nearby Intersections
Property Features
Park, Public Transit, Rec Centre, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,305 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level A/ Unit 6)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerFlat5.68' x 10.99'Hardwood Floor, Double Closet
LivingFlat11.19' x 16.99'Hardwood Floor, Combined W/Dining, W/O To Balcony
DiningFlat11.19' x 16.99'Hardwood Floor, Combined W/Living
KitchenFlat10.10' x 12.89'Hardwood Floor, Centre Island, Quartz Counter
BrFlat9.61' x 13.29'Hardwood Floor, Double Closet
DenFlat9.71' x 10.79'Hardwood Floor, Open Concept
BathroomFlat5.31' x 9.19'4 Pc Bath, Tile Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 King St E 903 is a 1-bedroom 1-bathroom condo listed for sale at $740,000, which is $182,890 (32.8%) higher 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 Real Estate Homeward
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