261 King St E 403
Moss Park, Downtown Toronto, M5A 1K2
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Property Description
Abbey Lane Lofts 1085 Sq Ft Plus 125 Sq Ft Terrace (Per Bldrs Plan) Owned Locker Unit 11 Level 2, 10.5 Foot Ceilings, Ceramic Entry, Terrace Overlook. King St + Has Gas Hookup, Water + Elec Plug. Measures Aprox 4, 80X2.70, Loft Living At Its Finest With Exposed Ducts + Warehouse Windows Whirlpool Tub With Rainhead Shower. Quiet Building Close To All Amenities With Transit At Your Door + Groceries/Shop At St Lawrence Market
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Extras
Fridge, Gas Stove, B/I Dishwasher, B/I Microwave. Hood Fan, Washer, Dryer, B/I Desk +Shelves In Study, All Elfs, Closet Org's, Gas Fireplace, Kitchen Island With Granite Countertop.
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,976 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Unit 14 Level A)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.48' x 15.58' | Ceramic Back Splash, Granite Counter, Centre Island |
| Living | Main | 15.58' x 15.58' | Wood Floor, Gas Fireplace, W/O To Terrace |
| Master | 2nd | 13.94' x 15.26' | 4 Pc Ensuite, His/Hers Closets, Wood Floor |
| Study | 2nd | 9.51' x 9.68' | Wood Floor, B/I Desk, B/I Bookcase |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
261 King St E 403 is a 1-bedroom 2-bathroom condo listed for sale at $799,000, which is $197,729 (32.9%) higher than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.Inventory Change
There were 1,531 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Victory Team Realty Inc., Brokerage
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