393 King St W 808
Waterfront Communities C1, Downtown Toronto, M5V 3G8
FOR SALE
$399,000
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Property Description
Bright & Spacious One Bedroom Condo Located in a Boutique Building in Trendy King West and One of Toronto's Most Sought-After Locations. Convenient Access to TTC, Including Two 24-Hour Streetcar Lines + St. Andrews Station. Steps Away from the Best Restaurants, Cafes, Bars, Grocery Stores + 2-Minute Walk to Toronto International Film Festival. 5-Minute Walk to the CN Tower, Rogers Centre, Roy Thomson Hall, Scotiabank Theatre & Many More.
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Nearby Intersections
King & Spadina (175)
Front & Spadina (146)
King & Bathurst (306)
Adelaide & Spadina (43)
King & Peter (100)
King & John (157)
Queen & Spadina (106)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,845 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
393 King St W 808 is a 1-bedroom 1-bathroom condo listed for sale at $399,000, which is $158,110 (28.4%) 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 Century 21 King`S Quay Real Estate Inc.
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