560 King St W 718
Waterfront Communities C1, Downtown Toronto, M5V 1M3
FOR SALE
$635,000
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Property Description
Welcome to Fashion House, Toronto's most coveted address! This exquisite one-bedroom condo offers a perfect blend of style and functionality, with a well-designed layout spanning 580 sq ft. Nestled in the heart of downtown, this residence ensures you're always close to all the vibrant amenities the city has to offer. Enjoy the peace of mind that comes with 24-hour security and indulge in the luxury of a stunning rooftop pool that provides breathtaking views of the city skyline. Fashion House is more than just a place to live; it's a lifestyle. Don't miss out on the opportunity to call this exceptional condo your new home and experience the pinnacle of downtown living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-10 | 2020-12-18 | 38 | $1,750 | $1,600 | Leased |
| 2020-09-25 | 2020-12-01 | 67 | $2,100 | - | Terminated |
| 2019-06-21 | 2019-09-03 | 74 | $2,300 | $2,300 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,396 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
560 King St W 718 is a 1-bedroom 1-bathroom condo listed for sale at $635,000, which is $69,016 (12.2%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max City Accord Realty Inc.
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