560 King St W 1011
Waterfront Communities C1, Downtown Toronto, M5V 0L6
FOR SALE
$849,000
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Property Description
Step into the epitome of King West luxury at Fashion House Condos! One of Downtown Toronto's most sought-after buildings, this boutique gem radiates sophistication from the entrance way onwards. Located atop The Keg Steakhouse and Majesty's Pleasure social beauty club, and across from the iconic Rodney's Oyster House and Mademoiselle Raw Bar & Grill, this is Fashion District living at its finest-- surrounded by the vibrant nightlife and renowned culinary experiences of King West. This south-facing unit is flooded with natural light and boasts forever-unobstructed views of the district and the CN Tower, from both the balcony and bedroom. Fun fact: Elton John's treehouse-inspired penthouse at the King Development condos will be right in your view from this unit! Enjoy open-concept, loft-style, living with 10' exposed concrete ceilings and pillars, and floor-to-ceiling windows. Step out onto a cabana-style balcony overlooking the building's signature infinity pool-- perfect for poolside vibes sun-soaked tanning from the comfort of your home. With a gas BBQ hookup, deck tiles, and a luxurious round daybed, your outdoor escape awaits! Inside, discover a modern, open-concept interior with a practical layout. The European-style chef's kitchen features open shelving, high-end stainless-steel appliances, a gas cooktop, and a spacious waterfall island. The primary bedroom, fitting a king-size bed, offers a large walk-in closet and stunning views. The spacious den comfortably fits a queen-size bed and includes built-in storage. Both the bedroom and the den come with privacy sliding doors. The rarely available 5-piece bathroom provides the luxury of both a shower stall and a bathtub. Top-notch amenities include an infinity pool and cabanas connected to a state-of-the-art gym and a party room. TTC at your doorstep, 5 minutes by bike to the Toronto Waterfront and TikiTaxi station-- your King West oasis is ready to be enjoyed!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-12 | 2024-12-06 | 24 | $749,880 | - | Terminated |
| 2024-11-12 | 2024-12-01 | 20 | $749,880 | - | Suspended |
Extras
The unit comes with a parking spot and a locker, very close to each other. Heat and water included in the maintenance fees.
Nearby Intersections
Property Features
Arts Centre, Clear View, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
600-699
Taxes
$3,564 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (D-12)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.06' x 12.01' | South View, Window Flr to Ceil, W/O To Balcony |
| Kitchen | Main | 10.56' x 11.58' | B/I Appliances, Centre Island, Stainless Steel Appl |
| Prim Bdrm | Main | 10.53' x 10.83' | South View, W/I Closet, Sliding Doors |
| Den | Main | 8.27' x 9.45' | B/I Closet, Sliding Doors |
| Foyer | Main | 4.79' x 11.55' | Combined W/Laundry, Closet |
| Bathroom | Main | 4.92' x 10.47' | 5 Pc Bath, Separate Shower |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
560 King St W 1011 is a 1-bedroom 1-bathroom condo listed for sale at $849,000, which is $282,089 (49.8%) higher than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) 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 (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% 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 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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