510 King St E 409

FOR SALE
$899,000
510 King St E 409, Downtown Toronto
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
510 King St E 409
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C12014512
MLSID
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Property Description
Welcome to Suite 409 at 510 King Street E, where contemporary design meets warm, sunlit spaces just steps from King and River. This exceptional 2+1 bedroom corner loft offers 919 sq. ft. of living space, with a rare 380 sq. ft. terrace, totalling 1300 sq. ft. combined!!! WOW!! Step inside and experience the perfect blend of industrial charm and modern luxury. The space boasts polished concrete floors, 10-foot ceilings, and an open-concept floor plan that seamlessly connects the kitchen, dining, and living areas. The floor-to-ceiling windows flood the home with natural light, while the granite countertops, sleek cabinetry, and functional kitchen island provide both style and functionality. Clever built-in storage doubles as a workspace, offering flexibility for modern living. The private terrace is an entertainer's dream. Soak up the sun all day and enjoy breathtaking sunset views in the evening. With ample room for lounging, dining, and hosting gatherings, the terrace also features a gas BBQ hookup, perfect for summer cookouts and creating unforgettable moments with friends and family. Both bedrooms are bathed in natural light, each with large windows, adding to the loft's bright and airy feel. Situated in a sought-after building with amenities including a concierge, gym, party room, and rooftop deck/garden, you'll find comfort and convenience at every turn. Parking on P1 across from the elevator and locker on the same floor as unit. Doesn't get any better! This location offers easy access to public transit, parks, and riverside trails, bringing nature to your doorstep while keeping the best of city living within reach. This loft has too many remarkable features to list. Come see it for yourself! Book your showing today and envision your future in this sun-drenched sanctuary. Recent Upgrades Include bathroom vanity, storage, and mirror(Nov 2024). All light fixtures were upgraded. Freshly painted. Turf and tile on the terrace. New stackable washer and dryer(2023).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-04-08 2020-04-17 9 $849,500 $872,500 Sold
Property Features
Park, Public Transit, River/Stream, Terraced
Property Details
Street
Community
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
900-999
Taxes
$3,998 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A50)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain12.43' x 20.44'Concrete Floor, Open Concept, Large Window
DiningMain12.43' x 20.44'Concrete Floor, Window Flr to Ceil, Combined W/Living
KitchenMain5.48' x 13.71'Granite Counter, Centre Island, Stainless Steel Appl
Prim BdrmMain11.71' x 14.99'Double Closet, Large Window, West View
2nd BrMain8.86' x 12.11'Large Window, Large Closet
DenMain4.59' x 9.25'B/I Desk, B/I Shelves
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
510 King St E 409 is a 2-bedroom 1-bathroom condo listed for sale at $899,000, which is $142,399 (18.8%) 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 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 Exp Realty
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