224 King St W 501
Waterfront Communities C1, Downtown Toronto, M5V 1H8
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Property Description
Show Stopping Architecture Along The Mirvish Walkway. The Theatre Park Building Offers A Spacious Loft Style 1 Bdrm + 1 Bath. 920 Sq Ft Of Space With Views And Floor To Ceiling Windows, It Is Luxury Living On King St West, Steps To St- Andrew's Subway & The Path. Next To Royal Alexander Theatre, Across From Roy Thompson Hall.Exposed Concrete Ceiling And Walls. Lounge W/Walkout To Outdoor Swimming Pool. Gym, 24 Hr Concierge.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-30 | 2024-01-16 | 78 | $899,000 | - | Terminated |
2023-10-30 | 2024-01-10 | 72 | $899,000 | - | Suspended |
2023-11-06 | 2023-12-04 | 28 | $3,495 | - | Terminated |
2023-11-06 | 2023-12-02 | 26 | $3,495 | - | Suspended |
2023-10-20 | 2023-10-30 | 10 | $699,000 | - | Terminated |
2023-10-20 | 2023-10-26 | 6 | $699,000 | - | Suspended |
2019-04-30 | 2019-07-16 | 77 | $899,000 | - | Terminated |
Extras
Stainless Steel Fridge, Built In , Oven Gas Cooktop, Dishwasher Drawer, Microwave, Front Load Washer/ Dryer. Heat Pump Is Leased. Newly Furnished, Option To Purchase As Shown.
Property Features
Arts Centre, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,677 (2017)
Basement
None
Exterior
Concrete, Other
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 48.43' x 62.30' | Combined W/Dining, Window Flr To Ceil, Hardwood Floor |
Dining | Flat | 48.43' x 62.30' | Combined W/Kitchen, Hardwood Floor, Combined W/Living |
Kitchen | Flat | 48.43' x 62.30' | Modern Kitchen, Combined W/Dining, Hardwood Floor |
Master | Flat | 27.89' x 50.03' | Large Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
224 King St W 501 is a 1-bedroom 1-bathroom condo listed for sale at $788,800, which is $185,755 (30.8%) higher than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 (March 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% 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 (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Neighbourhood Realty, Brokerage
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