705 King St W 603
Niagara, Downtown Toronto, M5V 2W8
FOR SALE
$644,900
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BEDROOMS1
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Property Description
Bright, spacious and thoughtfully designed, this 750 sq ft, 1 + den, east-facing suite offers flexibility and comfort in a mature, and well-maintained community just steps from King & Bathurst. The large U-shaped kitchen is ideal for food prep and entertaining, with full-sized stainless steel appliances and a breakfast bar. Bamboo flooring flows through the entire suite: from the kitchen, into the living room and the den/office/dining space beyond. Floor to ceiling windows in both the main space and the bedroom fill the apartment with natural light. Storage is everywhere, with extra cabinet space in the kitchen, oversized built-in closets in the bedroom, a hall-closet and a storage space, the size of an average condo locker, right in your unit. A masterfully planned condo community, the amentities within the building include indoor and outdoor pools, fitness centre, movie theatre, squash courts, sauna, games room, library and BBQs, along with a 24-hour concierge service and incredibly helpful on-site management team. Every convenience you could want is either within the building or (quite literally) right outside the lobby doors. Check out the virtual tour/property video!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-05-26 | 2020-06-12 | 17 | $618,888 | $590,000 | Sold |
Extras
Heat pump & AC replaced in 2022. Bosch dishwasher installed in 2022. Dyson V10+ vacuum bought in 2023 is gift with purchase! :). In-suite storage closet: 9' x 2'11" x 7'10. New subway stop at the corner of Bathurst & King coming soon!
Nearby Intersections
Weston & 401 (57)
Weston & Lawrence (60)
Property Features
Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,252 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Rental (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.23' x 13.09' | Granite Counter, Custom Backsplash, Breakfast Bar |
| Living | Flat | 12.34' x 15.16' | Open Concept, Bamboo Floor |
| Den | Flat | 6.92' x 14.57' | Window Flr to Ceil, Bamboo Floor |
| Br | Flat | 9.84' x 19.26' | Window Flr to Ceil, B/I Closet, Bamboo Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
705 King St W 603 is a 1-bedroom 1-bathroom condo listed for sale at $644,900, which is $78,916 (13.9%) 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 Landlord Realty Inc.
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