$1,189,000

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#1804 224 King Street West, Toronto (Waterfront Communities) - Single Family for Sale

#1804 224 King Street West, Toronto (Waterfront Communities), Ontario, M5H0A6

2 beds2 baths1 parking950 ft²$990/mo condo feeListed 69 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space.

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Description

Welcome to Theatre Park (224 King St W) in Toronto's Entertainment District. Located along the quiet Mirvish Walkway right next to the Royal Alexandra Theatre and across from Roy Thomson Hall, this bright corner suite features 985 sq ft of interior space + a 108 sq ft private balcony. It offers 9 ft exposed concrete ceilings and floor-to-ceiling windows with rare, unobstructed views clear of the building's exterior elements.The unit includes over $30K in upgrades: custom closet organizers, added pot lights, a new kitchen backsplash, and two full bathrooms (giving you both a soaking tub and a separate glass shower). Cook outside easily using the natural gas BBQ hookup on your balcony. Never rented before, this turn-key unit comes with 1 underground parking spot and 1 storage locker. Your steps from the PATH, St. Andrew Station, TIFF Bell Lightbox and great restaurants, with building amenities including an outdoor pool, fitness centre, and 24-hour concierge. (id:66096)

Property Details

MLS®: C13719624
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $990/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,447.9/yr
Listed: 69 days ago

Rooms

Flat

Living room: 7.16 x 4.63 meters
Dining room: 7.16 x 4.63 meters
Kitchen: 7.16 x 4.63 meters
Primary Bedroom: 3.43 x 3.39 meters
Bedroom 2: 3.43 x 2.56 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Cooktop
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,252

List price

$1.19M

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 2-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX IMPERIAL REALTY INC. · Olivia Yang

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $1,189,000, about 13.2× the local median household income of $90,000.

Carrying it typically needs a household income of about $232,253 (20% down, 25-yr amortization, stress-tested) — roughly 158% above the area median.

Median household income: $90,000
Population: 3,248
Median age: 31.4
Owner / renter: 36% / 64%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5H)

$1,189,000· $1,252/ft²

For sale

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Full Cost Breakdown

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Down Payment7.90% · $93,900

Min 7.90%50%

Mortgage payment$6,071/mo

↳ CMHC premium ($43,804 capitalized)

Property tax (est.)$454/mo

Condo fee$990/mo

Total monthly$7,515

Cash Needed to Close

Down payment (7.90%)$93,900

Land transfer tax$40,510

Est. closing costs$6,067

Total cash needed$140,477

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#1804 224 King Street West, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5H)

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Full Cost Breakdown