549 King St E 502
Moss Park, Downtown Toronto, M5A 1M4
FOR SALE
$569,000
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Property Description
There is no finer, for you, first-timer! Views for days at this perfect one bedroom, one bathroom slice of tasty home-ownership-pie. Positively dancing in sunshine through wall-to-wall, floor-to-ceiling (10 ft ceilings) windows and doors to your unobstructed East-facing views - the best sunrises ever. Bedroom with walk-in closet and semi-ensuite. Amenities include visitor parking and a gym! In the midst of the beautiful, historical, tiny cobblestone laneways of Corktown and moments to downtown, the Gardiner, Distillery, YMCA, Riverside and every other main artery you could imagine. Come and get it.
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Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,270 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 16.40' x 11.75' | Tile Floor, Stainless Steel Appl, Open Concept |
Living | Main | 16.40' x 11.75' | Tile Floor, Window Flr to Ceil, W/O To Balcony |
Br | Main | 11.15' x 8.99' | Tile Floor, Closet, Semi Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
549 King St E 502 is a 1-bedroom 1-bathroom condo listed for sale at $569,000, which is $383 (0.1%) lower than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) more 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 (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited
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