394 King St E

FOR SALE
$1,799,900
394 King St E, Downtown Toronto
394 King St E
394 King St E
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
C8423572
MLSID
Contact Us
Property Description
Nestled on the vibrant and sought-after King St. E in the heart of Corktown, this well-maintained three-story commercial and residential property is a true gem. Boasting high ceilings, abundant natural light, and a host of desirable features. The property's charm is enhanced by an outdoor patio and a private deck, providing space for relaxation and entertaining. The finished basement adds to its versatility, offering potential for various uses. It offers separate entrance to the 2nd level, which leads to a spacious 2-story/ 2 Bedr apartment. This not only provides privacy but also a unique layout that can be utilized for living and working in the heart of downtown Toronto. The location is truly unbeatable. With St. Lawrence Markt, the iconic Distillery District, and Lake Ontario all within walking distance, you'll enjoy an unparalleled urban lifestyle. Quick and easy access to highways and the TTC at doorsteps.Don't miss out on this exceptional property!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-29 2024-06-07 99 $2,049,000 - Terminated
2023-10-18 2024-02-29 134 $2,099,000 - Terminated
Extras
Appliances In Upper Unit: Fridge, Stove, Dishwasher, Washer/Dryer (All in As Is Condition). 2 Furnaces, 2 A/C Units, HWT. Upper Unit Apartment is Vacant. Sep. Hydro & Gas Meters.
Property Features
Other, Park, Place Of Worship, Public Transit
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
15' x 53'
Lot Irregularities
54.35 ft x 14.64 ft x 54.35 ft x 14.5
Fronting
North
Taxes
$13,104 (2023)
Basement
Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
OtherMain14.24' x 28.41'Hardwood Floor, Large Window
OtherMain10.24' x 14.76'Hardwood Floor, W/O To Yard
OtherBsmt12.24' x 3.74'Concrete Floor
OtherBsmt15.42' x 6.07'Concrete Floor
Living2nd28.48' x 14.60'Parquet Floor, Large Window, Combined W/Dining
Kitchen2nd14.60' x 10.20'Vinyl Floor, Window
Prim Bdrm3rd12.04' x 12.37'Parquet Floor, Large Window, Closet
2nd Br3rd10.99' x 8.43'Parquet Floor, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
394 King St E is a 2-bedroom 3-bathroom townhome listed for sale at $1,799,900, which is $959,809 (114.3%) higher than the average sold price of $840,091 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom townhome in Downtown Toronto declined by $64,949 (7.2%) compared to the previous 30 day period (September 21 - October 20) and down $59,780 (6.6%) from the same time one year ago.
Inventory Change
There were 144 2-bedroom townhomes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 19.1% compared with the previous 30 day period (September 21 - October 20) and up 2.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Downtown Toronto typically sold ($2,556) (0.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $5,318 increase compared to the previous 30 day period (September 21 - October 20) and $3,508 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 townhomes in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 46.5%, up from 29.2% over the previous 30 days (September 21 - October 20) and up from 29.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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