701 King St W 1003
Niagara, Downtown Toronto, M5V 2W7
FOR SALE
$520,000
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Property Description
Welcome to your new home! This Large One Bedroom plus Den Condo in King West Downtown Toronto, has been thoroughly renovated to suit modern tastes. Over 700 sqft of beautiful living space in the heart of the city. The Kitchen has Quartz Counters, Stainless Steel Appliances, Bright Cabinetry, and a Large Pass-through perfect for entertaining, with great views of the whole condo. The Living Room has all the room you need to relax in full sized furniture and has a Real Woodburning Fireplace, to add even more charm and ambience to the winter evenings. The Den/Solarium is Open Concept and can be used as a 2nd Sleeping Area, Work from Home space, or even as a larger Dining Area. The Bedroom is East Facing, can fit a King-Sized Bed and has Lovely Closet Organizers. The 3 Pc Bathroom has slick Slate and White aesthetic. And don't forget all the storage inside the unit. Perfectly located in the heart of King West, you have everything you could ask for, just steps away. Nightlife, Restaurants, Art, Public Transit, Theater District, Scotiabank Center, Rogers Center, the Harbourfront, Fort York, CNE Grounds and the Fashion District. This is Downtown Living at its best! And the building itself boasts an Indoor and Outdoor pool, 4 Squash courts, 2 theater rooms, Salon, and a Gym ( with free classes!) and 24 hr Security.... But the real cachet of this building Is the courtyard and garden. It is a true jewel in the heart of Toronto and this sense of community here is amazing. Book your own private tour.
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Extras
Amenities include, Center Courtyard, Outdoor Pool, Common BBQ's, Kids Play Area, Indoor Pool, Hot Tub, His and Hers Change Rooms w/Saunas, 2 Theater Rooms, 4 Squash Courts, 24 Security, Party Room, Games Room, Convenience Store and more!
Nearby Intersections
Property Features
Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,253 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Other
Parking 1
Exclusive (P1 #A46)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.56' x 8.37' | Quartz Counter, Stainless Steel Appl, Pass Through |
| Dining | Flat | 11.98' x 16.96' | Combined W/Living, Laminate, Open Concept |
| Living | Flat | 11.98' x 16.96' | Combined W/Dining, Fireplace, Open Concept |
| Den | Flat | 14.83' x 9.51' | East View, Laminate, Open Concept |
| Br | Flat | 9.81' x 14.83' | East View, Closet Organizers, Laminate |
| Bathroom | Flat | 6.30' x 8.50' | 3 Pc Bath, Tile Floor, Glass Sink |
| Other | Flat | 8.40' x 4.20' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
701 King St W 1003 is a 1-bedroom 1-bathroom condo listed for sale at $520,000, which is $46,911 (8.3%) lower 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 Keller Williams Referred Urban Realty
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