$449,000

For sale

#1010 230 King Street East, Toronto (Moss Park) - Single Family for Sale

#1010 230 King Street East, Toronto (Moss Park), Ontario, M5A1K5

1 bed1 bath0 parking250 ft²$562/mo condo feeListed 8 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $449,000, it is attractively priced about 22% below the $574,900 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 61 days.

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Description

Located in the iconic King's Court, originally built in 1908 as the Imperial Bank of Canada, this one-bedroom suite offers a smart, functional layout in the heart of the St. Lawrence Market. Freshly painted, with new luxury vinyl flooring throughout and updated lighting, the suite features floor-to-ceiling windows throughout and a generous living room that walks out to a large private balcony with west exposure-ideal for enjoying afternoon sun and city views. Building amenities include a 24-hour concierge, fitness centre, hot tub, sauna, party room, guest suites, visitor parking, and rooftop terraces. Maintenance fees include all utilities. The King streetcar is at your door, as well as the St. Lawrence Market, the Distillery District, George Brown College, and the Financial District, with easy access to Union Station, the Gardiner, and the DVP. Move-in-ready downtown living in one of Toronto's most distinctive heritage buildings. (id:66096)

Property Details

MLS®: C14119764
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $562/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $2,255.9/yr
Listed: 8 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,800

List price

$449K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Moss Park) has been listed for 8 days, which is 53 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX CONDOS PLUS CORPORATION · ALEX ZHVANETSKIY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $449,000, about 6.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$449,000· $1,800/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$188/mo

Condo fee$562/mo

Total monthly$3,115

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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