629 King St W 1307
Waterfront Communities C1, Downtown Toronto, M5V 1M5
FOR SALE
$399,880
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Property Description
Welcome to The Thompson Residences! This gorgeous sub-penthouse 1-bedroom suite boasts 9-foot exposed concrete ceilings, a spa-like bathroom, high-end finishes, wide-plank engineered hardwood flooring, stainless steel appliances, and a designer kitchen. The Thompson Residences is situated in the heart of downtown Toronto, offering gorgeous south-facing views of the city. Residents enjoy amazing amenities, including a concierge, rooftop patio, gym, pool, and more. This is your chance to live on King West, right next to trendy restaurants, bars, transit, shops, and more!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-09 | 2024-10-27 | 48 | $569,800 | - | Terminated |
| 2023-03-23 | 2023-04-01 | 9 | $2,400 | $2,400 | Leased |
| 2020-08-21 | 2020-11-13 | 84 | $660,000 | - | Terminated |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,255 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
629 King St W 1307 is a 1-bedroom 1-bathroom condo listed for sale at $399,880, which is $167,024 (29.5%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Rare Real Estate
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