701 King St W 806
Niagara, Downtown Toronto, M5V 2W7
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Property Description
The Summit! Located In The Vibrant King West Corridor *Short Walk To The Financial District And Lake*1 Bedroom Plus Den, Corner Unit With Unobstructed Sw Exposure And Stunning City And Lake Views.Renovated Kitchen And Bathroom 17' , New Laminate Flooring 15', Granite Counter Top And New Stainless Steel Appliances. *Freshly Painted* Lots Of Storage In The Unit & Parking. Exceptional Amenities! Outdoor Courtyard, Indoor And Outdoor Pool, 2 Theatres And More.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-15 | 2022-07-21 | 6 | $679,000 | $665,000 | Sold |
| 2022-06-22 | 2022-07-16 | 24 | $699,000 | - | Terminated |
Extras
Great Lifestyle And Location In Prime King West! New Window Coverings, New Stainless Steel Refrigerator, Dishwasher And Stove.
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,246 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 20.44' x 23.26' | , Ceramic Floor, South View |
| Kitchen | Main | 7.74' x 8.50' | O/Looks Dining, Stainless Steel Appl |
| Living | Main | 11.75' x 13.48' | Laminate, Large Window, South View |
| Master | Main | 18.01' x 19.00' | Laminate, Large Window, Closet |
| Bathroom | Main | 5.51' x 9.25' | Ceramic Floor |
| Solarium | Main | 9.48' x 15.98' | Laminate, Sw View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
701 King St W 806 is a 1-bedroom 1-bathroom condo listed for sale at $589,000, which is $14,045 (2.3%) lower 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 Royal Lepage Real Estate Services Ltd., Brokerage
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