478 King St W 1114
Niagara, Downtown Toronto, M5V 0A8
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
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Property Description
Excellent for 1st time home buyer! The Victory Condo In The Heart Of Downtown Toronto's Fashion And Entertainment District. Spacious Open Concept Studio With 9Ft Ceiling, Full Size Large Balcony, Engineered Hardwood Floor Through Out Unit Except Bathroom, Granite Counter Top Kitchen, Stainless Steel Appliances.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-23 | 2021-04-18 | 26 | $1,350 | $1,300 | Leased |
| 2020-04-30 | 2020-05-02 | 2 | $1,500 | $1,500 | Leased |
| 2020-04-23 | 2020-04-30 | 7 | $1,650 | - | Terminated |
| 2020-03-04 | 2020-04-22 | 49 | $1,700 | - | Terminated |
Extras
All Elf, Fridge, Dishwasher, Microwave, Stainless Steel Stove, Stainless Steel Hood Vent, Stacked Front Load Washer And Dryer.
Nearby Intersections
King & Spadina (275)
Front & Spadina (246)
King & Bathurst (375)
Adelaide & Spadina (47)
Queen & Spadina (189)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,590 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
478 King St W 1114 is a 0-bedroom 1-bathroom condo listed for sale at $499,000, which is $75,622 (17.9%) higher than the average sold price of $423,378 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $45,479 (9.7%) compared to the previous 30 day period (March 4 - April 2) and down $63,968 (13.1%) from the same time one year ago.Inventory Change
There were 91 0-bedroom condos listed in Downtown Toronto over the last 30 days (April 3 - May 2), which is up 12.3% compared with the previous 30 day period (March 4 - April 2) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($5,495) (1.3%) below asking price over the last 30 days (April 3 - May 2), which represents a $4,710 decrease compared to the previous 30 day period (March 4 - April 2) and ($619) 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 0-bedroom condos in Downtown Toronto over the last 30 days (April 3 - May 2) stood at 36.3%, up from 34.6% over the previous 30 days (March 4 - April 2) and down from 39.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (April 3 - May 2), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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