224 King St W 2406
Waterfront Communities C1, Downtown Toronto, M5H 0A6
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Property Description
Theatre Park. Luxurious Living In This Sought After Building! Live On Theatre Row On King W. Next To Royal Alexandra Theatre And Across From Roy Thompson Hall. This Wonderfully Laid Out, Large 2 Bedroom Corner Unit Boasts Pre-Furnished Engineered Hardwood Floor, Floor To Ceiling Windows, Panoramic Sw Views And Exposed Concrete Ceilings. 6th Floor Fitness Facility/Lounge W/Walk Out To Outdoor Swimming Pool. Parking Included!
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Extras
Stainless Steel Fridge, Built-In (Oven, Gas, Cook Top, Dishwasher, Hood), Microwave Drawer. Front Loading Washer/Dryer.
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,910 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 2406 is a 2-bedroom 1-bathroom condo listed for sale at $888,000, which is $87,847 (11.0%) higher than the average sold price of $800,153 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $13,971 (1.8%) compared to the previous 30 day period (February 24 - March 24) and up $10,073 (1.3%) from the same time one year ago.Inventory Change
There were 1,427 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 21.1% compared with the previous 30 day period (February 24 - March 24) and up 38.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,964) (1.1%) below asking price over the last 30 days (March 25 - April 23), which represents a $3,024 increase compared to the previous 30 day period (February 24 - March 24) and ($5,832) 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 (March 25 - April 23) stood at 48.4%, up from 46.1% over the previous 30 days (February 24 - March 24) and down from 63.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Plus City Team Inc., Brokerage
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