1 King St W 820
Bay Street Corridor, Downtown Toronto, M5H 1A2
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BEDROOMS1
BATHROOMS1
KITCHENS2
ROOMSC4135285
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Property Description
Condo/Hotel At One Of Canada's Most Exclusive Location, Financial And Entertainment Area. This Hands-Off Investment, Managed Unit To Your Portfolio & Enjoy Use Of Your Own Hotel Suite. Building Is Directly Connected To Underground "P.A.T.H" System & The King Subway Station. Walk Underground To Eaton Ctr., Lake Shore, Financial District, Acc, Union Stn. See Original 2-Storey Vault In Lobby. Maid, Valet, Limo, Room Service Available. Bar In Lobby.
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Extras
All Furniture And Chattels Are Regulated By The Hotel Management, But Owned By Unit Owner & Thereby Included In The Purchase Price.
Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
500-599
Taxes
$4,900 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 King St W 820 is a 0-bedroom 1-bathroom condo listed for sale at $429,900, which is $8,455 (1.9%) lower than the average sold price of $438,355 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $18,068 (4.0%) compared to the previous 30 day period (February 25 - March 25) and down $55,855 (11.3%) from the same time one year ago.Inventory Change
There were 81 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is down 8.0% compared with the previous 30 day period (February 25 - March 25) and up 37.3% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,323) (0.5%) below asking price over the last 30 days (March 26 - April 24), which represents a $3,211 increase compared to the previous 30 day period (February 25 - March 25) and ($44) 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 46.9%, up from 29.5% over the previous 30 days (February 25 - March 25) and down from 64.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (March 26 - April 24), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Jazz Inc., Brokerage
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