801 King St W 408
Niagara, Downtown Toronto, M5V 3C9
FOR SALE
$599,000
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Property Description
Want King West vibes without the King West chaos? This fully renovated 1+Den may be your answer:close to the action but far enough to sleep through it. Enjoy a solarium drenched in afternoon light for that perfect golden hour glow. No corners were cut as the whole unit got a top-to-bottom upgrade, transforming it from a 90s sitcom set to a more sleek, modern look for 2024. No need to stress about utilities either, because they're included in your maintenance fees. Here's another bonus- lower property taxes in this building, putting more savings in your pocket.When you're ready to head out, you're steps from King Wests best bars and restaurants, but far-enough to keep things peaceful. Plus, you've got access to a gym, sauna, steam room, outdoor hot tub, and one of the best rooftops in the city. This place strikes the perfect balance of chill and thrill. Book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-10-22 | 2019-10-24 | 3 | $498,000 | $575,408 | Sold |
Nearby Intersections
King & Bathurst (393)
Bathurst & Lakeshore (291)
Property Features
Clear View, Lake Backlot, Library, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,346 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B100)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Flat | 10.50' x 19.00' | Combined W/Dining, Laminate, Window |
| Kitchen | Flat | 8.96' x 11.12' | Breakfast Bar, Stainless Steel Appl, Quartz Counter |
| Prim Bdrm | Flat | 9.12' x 14.07' | Laminate, Double Closet |
| Solarium | Flat | 7.61' x 8.01' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
801 King St W 408 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $29,764 (5.2%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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