705 King St W 1215
Niagara, Downtown Toronto, M5V 2W8
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Property Description
**Estate Sale** Being Sold By Bank. South Exposure (Can See Lake In The Distance) Approx. 800 Sq Ft With New Hardwood Floors Through-Out. Price To Sell Fast!
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Extras
Stove, Dishwasher, Unit Being Sold In " As Is " Condition.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,284 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.40' x 17.75' | Hardwood Floor, Combined W/Dining |
| Dining | Main | 10.40' x 17.75' | Hardwood Floor, Combined W/Living |
| Kitchen | Main | 7.91' x 9.22' | Ceramic Floor |
| Master | Main | 9.61' x 15.62' | Hardwood Floor, Double Closet |
| Solarium | Main | 10.40' x 17.75' | Hardwood Floor, Combined W/Living |
| Foyer | Main | 5.25' x 10.50' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
705 King St W 1215 is a 1-bedroom 1-bathroom condo listed for sale at $439,900, which is $163,036 (27.0%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% 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 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Premier Inc., Brokerage
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