700 King St W 1002
Niagara, Downtown Toronto, M5V 2Y6
FOR SALE
$699,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Ever wish you could stop time? At the iconic Clock Tower Lofts, it feels like you can. Lets rewind to an era when condos were cool, when soaring 11-foot ceilings, black-framed windows, and polished concrete floors were the standard, not the exception. Welcome to Suite 1002, where timeless design meets modern luxury. Thoughtfully renovated, this loft features a stunning custom kitchen with high-end appliances (hello, Fisher & Paykel fridge!) and beautifully finished cabinetry inside and out. A built-in bench nook, perfect for dining or working from home, offers front-row seats to expansive city views, including the striking St. Marys Church spire and breathtaking summer sunsets. Art lovers, take note, your extra-wide hallway is a blank canvas waiting for your personal gallery. Two spacious bedrooms with dimmable pot lights and custom closet built-ins prove that style and comfort can go hand in hand. The spa-like en-suite and renovated second full bath add to the feeling of understated luxury. Storage? Covered. A large locker on the same floor makes life that much easier. Even your guests will be impressed before they step inside, thanks to the buildings newly renovated lobby and hallways. And don't forget to take them upstairs, because the rooftop deck with 360-degree city views is not to be missed. Situated in the heart of downtown, you're steps from top-tier restaurants, shops, and transit, making this loft the perfect blend of location, convenience, and style. Anything but ordinary, get it before the clock strikes midnight. Offers anytime.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-08-14 | 2020-08-16 | 2 | $699,999 | $735,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
800-899
Taxes
$2,933 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 8.17' x 14.01' | Pot Lights, Combined W/Laundry, B/I Closet |
| Bathroom | Flat | 4.99' x 6.00' | 3 Pc Bath, Separate Shower, Tile Floor |
| Prim Bdrm | Flat | 9.68' x 14.83' | Large Closet, 4 Pc Ensuite, Window |
| Bathroom | Flat | 6.17' x 8.83' | 4 Pc Bath, Soaker, Tile Floor |
| Living | Flat | 14.24' x 18.83' | Combined W/Kitchen, Large Window, Pot Lights |
| Kitchen | Flat | 8.33' x 7.68' | Quartz Counter, Stainless Steel Appl, Backsplash |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
700 King St W 1002 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $57,601 (7.6%) lower 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 2-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 Royal Lepage Signature Realty
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