705 King St W 216
Niagara, Downtown Toronto, M5V 2W8
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KITCHENS4 + 1
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Property Description
Welcome To "The Summit" In The Heart Of King West Village. This Rare & Large 1+1 Corner Unit Is Absolutely Immaculate, Spotless & Meticulously Maintained. Very Functional & Spacious Open Concept Layout W/Floor To Ceiling Windows. Extra Large Eat-In Kitchen, Open Concept Living, Dining & Den, Master Bedroom W/Multi-Functional Custom Closet, Loads Of Storage W/Ensuite Locker & Huge Kitchen Pantry, B-Quiet Windows Installed & Much More! Laundry On Each Floor.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-11-07 | 2022-12-04 | 27 | $2,700 | $2,700 | Leased |
| 2022-05-25 | 2022-08-31 | 98 | $679,900 | - | Expired |
| 2021-09-20 | 2021-10-16 | 26 | $2,450 | $2,500 | Leased |
| 2020-11-09 | 2021-03-31 | 144 | $2,500 | - | Expired |
Extras
Wonderful Opportunity In Such A Vibrant & Trendy Area. Steps To Restaurants, Bars, Grocery, Ttc @ Door, Mins To Dvp & Gardiner. Resort Style Living: Concierge, Gym, Indoor/Outdoor Pools W/Bbq, Squash Courts, Spa,Visitor Parking & Much More.
Property Features
Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,085 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (B45)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.22' x 17.78' | Laminate, Open Concept, Combined W/Dining |
| Dining | Main | 11.22' x 17.78' | Laminate, Open Concept, Combined W/Living |
| Kitchen | Main | 8.79' x 11.29' | Ceramic Floor, Eat-In Kitchen, Pot Lights |
| Master | Main | 10.14' x 15.94' | Laminate, W/W Closet, Large Window |
| Solarium | Main | 8.69' x 12.30' | Laminate, Open Concept, Combined W/Living |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
705 King St W 216 is a 1-bedroom 1-bathroom condo listed for sale at $349,900, which is $253,145 (42.0%) 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 Homelife/Cimerman Real Estate Limited, Brokerage
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