375 King St W 612
Waterfront Communities C1, Downtown Toronto, M5V 1K5
FOR SALE
$615,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
****2 Months Free Maintenance Fees!**** Prepare to be amazed! This charming and rare double-corner suite is a true gem you won't want to miss. This 670 sqft one-bedroom condo features modern finishes, including concrete ceilings, a Pinterest-worthy kitchen, and a washroom with a window for natural light, a rare find in the city. The upcoming building across the street is set to enhance the neighborhood with increased property values and new retail spaces by 2025. Living in this vibrant area is all about the vibe, and the future development only adds to the appeal. The bedroom at the back offers a peaceful retreat, away from the King West nightlife, ensuring a quiet night's sleep with closed blinds for privacy. The balcony, also located at the back, provides a serene outdoor space. The condo greets you with a large window and balcony access from the front hallway, ensuring plenty of natural light. The kitchen is generously sized compared to newer condos in the area, perfect for cooking enthusiasts. The washroom's front location boasts the rare advantage of natural sunlight, making your mornings brighter and more pleasant. The unique layout maximizes space, offering the functionality of a 1+den but in all the right places. Facing vibrant King St West, you're just an 8-minute walk to the subway and steps away from the city's best lounges, restaurants, and conveniences. Enjoy the energy of the city while having a peaceful retreat to come home to. This is a "see it to believe it" opportunity, which won't last long at this unbeatable price! Presenting the unicorn of Toronto condos at M5V; Act fast before it's gone!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-09 | 2024-07-24 | 15 | $629,999 | - | Terminated |
| 2024-05-10 | 2024-07-09 | 60 | $679,000 | - | Terminated |
| 2022-06-28 | 2022-07-22 | 24 | $2,600 | $2,600 | Leased |
| 2022-05-20 | 2022-06-28 | 39 | $720,000 | - | Suspended |
| 2019-08-09 | 2019-08-15 | 6 | $2,500 | $2,500 | Leased |
Extras
Stainless Steel Apps: Fridge, Gas Cooktop, Microwave Rangehood, Dishwasher, Washer & Dryer. Save $ & enjoy premium amenities including a state-of-the-art gym, change rooms w/ spa, yoga/dance studio, & green space w/ BBQ--perfect for summer!
Nearby Intersections
King & Spadina (242)
Front & Spadina (240)
Front & John (180)
Peter & Adelaide (119)
King & Peter (145)
King & John (281)
Queen & Spadina (178)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,054 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
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 | 18.37' x 13.78' | Combined W/Dining, Large Window, Hardwood Floor |
| Dining | Main | 16.40' x 13.78' | Combined W/Living, Open Concept, Hardwood Floor |
| Kitchen | Main | 7.22' x 7.55' | Modern Kitchen, Stainless Steel Appl, O/Looks Living |
| Prim Bdrm | Main | 11.15' x 8.86' | Large Closet, Large Window, Hardwood Floor |
| Foyer | Main | 3.94' x 11.48' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
375 King St W 612 is a 1-bedroom 1-bathroom condo listed for sale at $615,000, which is $43,459 (7.6%) 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 Keller Williams Referred Urban Realty
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