438 King St W Ph03
Waterfront Communities C1, Downtown Toronto, M5V 3T9
FOR SALE
$1,399,900
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Property Description
This Rarely Offered 2-Bedroom, 3-Bathroom Corner Unit Penthouse Offers 1,255 Sqft Of Luxurious Living Space, Plus A Sprawling 180 Sqft Private Terrace With Unobstructed 210 Views Of The City, Lake, And Sunsets. This Penthouse Features A Newly Renovated Kitchen With Stainless Steel Appliances And With Fresh Paint Throughout, Granite Counters, A Custom-Built Fireplace, And Hardwood Floors. Designed For Ultimate Comfort And Privacy, The Primary Suite Boasts A Walk-In Closet And A Beautifully Appointed Master En-Suite. The Bedrooms Are Thoughtfully Placed On Opposite Ends Of The Unit, For Privacy And Function. The Expansive Private Terrace Is Perfect For Entertaining, Offering A Spectacular Backdrop Of Toronto's Skyline. Situated In A Prime Downtown Location, You're Just Steps From The Financial & Fashion Districts, King West, Top Restaurants, Cafes, Nightlife, And Transit.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-06-18 | 2019-07-08 | 21 | $4,500 | $4,300 | Leased |
Nearby Intersections
King & Spadina (267)
Front & Spadina (237)
King & Bathurst (367)
Adelaide & Spadina (62)
Peter & Adelaide (139)
King & Peter (176)
Queen & Spadina (178)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$5,711 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.06' x 15.06' | Hardwood Floor, Combined W/Dining, Open Concept |
Dining | Main | 15.06' x 15.06' | Hardwood Floor, Combined W/Living, Fireplace |
Kitchen | Main | 15.06' x 8.79' | Hardwood Floor, Stainless Steel Appl, Granite Counter |
Prim Bdrm | Main | 18.04' x 11.48' | Hardwood Floor, W/O To Balcony, 5 Pc Bath |
2nd Br | Main | 12.63' x 11.98' | Hardwood Floor, Nw View, 4 Pc Bath |
Sitting | Main | 10.01' x 15.06' | Tile Floor, West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
438 King St W Ph03 is a 2-bedroom 3-bathroom condo listed for sale at $1,399,900, which is $643,299 (85.0%) higher 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 3-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 Re/Max Urban Toronto Team Realty Inc.
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