393 King St W 806
Waterfront Communities C1, Downtown Toronto, M5V 1N4
FOR SALE
$499,000
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Property Description
Welcome to 393 King St West! Discover the charm of this 8th-floor unit, an exceptional floor plan that maximizes space and functionality, Facing East, you'll enjoy plenty of natural light and a bright, airy atmosphere with 9-foot ceilings throughout. The 2 spacious bedrooms (Den can be used as 2nd Bedroom) are perfect for comfortable living. The renovated kitchen is a highlight, featuring elegant quartz counters and modern stainless steel appliances, designed for both style and practicality. Sleek laminate flooring enhances the units contemporary appeal.This well-maintained residence also boasts a well-appointed locker conveniently located on the same floor, and visitor parking is available for your guests. Enjoy a breath of fresh air and stunning city views from the fantastic 3rd-floor terrace, complete with BBQ facilities and picnic tables.The building itself has been thoughtfully updated, with a renovated main lobby and refreshed hallways enhancing its appeal. Experience the perfect blend of comfort and convenience in this fantastic location.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-07 | 2024-11-28 | 113 | $599,000 | - | Terminated |
Nearby Intersections
King & Spadina (276)
Front & Spadina (254)
King & Bathurst (392)
Adelaide & Spadina (63)
King & Peter (178)
King & John (284)
Queen & Spadina (182)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,582 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.89' x 11.42' | Renovated, Quartz Counter, Stainless Steel Appl |
Dining | Main | 7.58' x 10.60' | Open Concept, B/I Shelves, Laminate |
Living | Main | 13.29' x 13.68' | Open Concept, Laminate, Pot Lights |
Prim Bdrm | Main | 9.15' x 15.55' | Double Closet, Broadloom, Large Window |
2nd Br | Main | 9.58' x 13.09' | Laminate, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
393 King St W 806 is a 2-bedroom 1-bathroom condo listed for sale at $499,000, which is $257,601 (34.0%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Paul Zammit Real Estate Ltd.
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