7 King St E 1109

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7 King St E 1109, Downtown Toronto
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0 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
2
ROOMS
C3710560
MLSID
Contact Us
Property Description
* Luxurious Bachelor Unit In Highly Sought After Building * Centrally Located In The Heart Of Downtown Toronto * It Doesn't Get Any More Convenient Than This! Steps To Public Transit, Shopping, Cafes Restaurants And Lots More! * Low Maintenance Fee (Includes Hydro/Water!) * Very Well Maintained Building * Rare Investment Opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-24 2023-06-08 15 $2,200 $2,200 Leased
2022-08-10 2022-08-19 10 $2,100 $2,100 Leased
2019-12-09 2019-12-12 4 $1,895 $1,895 Leased
Extras
* Locker Included (Exclusive) On 4th Floor * Includes All Existing Appliances: Fridge, Stove, Washer/Dryer; Includes All Existing Furniture! Exclusions: All Existing Wall Art; Flexible/Fast Closing Available!
Property Features
Hospital, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,472 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
7 King St E 1109 is a 0-bedroom 1-bathroom condo listed for sale at $299,000, which is $159,897 (34.8%) lower than the average sold price of $458,897 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $12,969 (2.7%) compared to the previous 30 day period (February 9 - March 9) and down $17,339 (3.6%) from the same time one year ago.
Inventory Change
There were 72 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is down 27.3% compared with the previous 30 day period (February 9 - March 9) and up 18.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($1,111) (0.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $6,330 increase compared to the previous 30 day period (February 9 - March 9) and ($8,523) 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 47.2%, up from 24.2% over the previous 30 days (February 9 - March 9) and down from 77.0% 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 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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FOR SALE
The Location of this bachelor condo is Fantastic! Large open balcony, facing south over looking Toronto and roof top patio garden. Laminate flooring, stainless steel appliances, dark chocolate cabinets, ensuite washer and dryer. Walking Distance To The Humber River Regional Hospital, Shoppers Drug Mart, Metro Super Market, TTC, Tim Horton's, Entertainment Room. Easy Commute To York University Yorkdale Mall, Downtown Toronto. Quick Access To 401 And 400.Extras:
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