725 King St W 413
Niagara, Downtown Toronto, M5V 2W9
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Property Description
The Summit! Beautiful Open Concept 2-Bed Corner Suite Featuring Floor-To-Ceiling Windows, Laminate Floors, Bright Nw Exposure And Contemporary Kitchen With Stone Counters, Undermount Sink And Pot Lighting. Gorgeous Bath With Stylish Vanity And Soaker Tub. Located In The Heart Of King West; Steps From The King Street Car Line, Stanley Park And Countless Restaurants, Coffee Shops, And Boutiques Along King And Queen St.
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Extras
White Fridge, Stove, Vent Hood And Built-In Dishwasher. All Elfs (Except Chandelier In Dining Rm) And Window Coverings. Wonderful Amenities: 24-Hr Concierge, In/Outdoor Pool, Exercise Rm, Party Rm, Media Rm, Outdoor Patio With Bbqs, & Spa.
Property Features
Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,352 (2017)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.91' x 17.81' | Combined W/Dining, Open Concept, Laminate |
| Dining | Flat | 8.83' x 11.48' | Combined W/Living, Window Flr To Ceil, Laminate |
| Kitchen | Flat | 7.48' x 8.83' | Large Window, Stone Counter, Pass Through |
| Master | Flat | 9.15' x 17.98' | Large Closet, Semi Ensuite, Laminate |
| 2nd Br | Flat | 10.01' x 12.50' | Large Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
725 King St W 413 is a 2-bedroom 1-bathroom condo listed for sale at $499,900, which is $300,253 (37.5%) lower than the average sold price of $800,153 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $13,971 (1.8%) compared to the previous 30 day period (February 24 - March 24) and up $10,073 (1.3%) from the same time one year ago.Inventory Change
There were 1,427 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 21.1% compared with the previous 30 day period (February 24 - March 24) and up 38.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,964) (1.1%) below asking price over the last 30 days (March 25 - April 23), which represents a $3,024 increase compared to the previous 30 day period (February 24 - March 24) and ($5,832) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 25 - April 23) stood at 48.4%, up from 46.1% over the previous 30 days (February 24 - March 24) and down from 63.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Brad J. Lamb Realty Inc., Brokerage
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