$429,990

For sale

#207 318 King Street East, Toronto (Moss Park) - Single Family for Sale

#207 318 King Street East, Toronto (Moss Park), Ontario, M5A0C1

1 bed1 bath0 parking250 ft²$372/mo condo feeListed 19 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $429,990, it is attractively priced about 25% below the $574,900 median asking price in Toronto. It has been on the market 19 days, fresher than the Toronto average of 61 days.

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Description

Welcome to The King East, where contemporary design meets urban convenience in Toronto's sought-after King East Designer's District. This fabulous one-bedroom suite features a desirable south-facing exposure, offering charming street views and partial lake views. The thoughtfully designed interior showcases 9-foot exposed concrete ceilings, newly installed engineered hardwood flooring throughout, elegant kitchen, quartz countertops, stainless steel appliances, gas cooking, and a convenient stacked washer and dryer. The spa-inspired bathroom offers a relaxing soaker tub and rain showerhead, creating the perfect retreat after a busy day. Residents can also enjoy access to a party room and an outdoor BBQ terrace, with one storage locker included for added convenience. Ideally situated steps from 24-hour streetcar service and just minutes from the Distillery District, St. Lawrence Market, George Brown College, and Toronto's Financial District. The future Ontario Line is planned nearby, offering the potential for enhanced transit connectivity. An exceptional opportunity for first-time buyers or downtown professionals seeking stylish, low-maintenance living in one of Toronto's most vibrant and desirable neighbourhoods! (id:66096)

Property Details

MLS®: C14089410
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: Underground, No Garage
Condo Fee: $372/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,990/yr
Listed: 19 days ago

Rooms

Flat

Living room: 4.3 x 3.63 meters
Dining room: 4.3 x 3.63 meters
Kitchen: 4.3 x 3.63 meters
Bedroom: 3.1 x 3.89 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, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,723

List price

$430K

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 19 days, which is 42 days fresher than the city average of 61. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · HARJINDER JOHAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $429,990, about 6.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $83,992 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$429,990· $1,723/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,499.50

Min 5%50%

Mortgage payment$2,265/mo

↳ CMHC premium ($16,340 capitalized)

Property tax (est.)$166/mo

Condo fee$372/mo

Total monthly$2,802

Cash Needed to Close

Down payment (5%)$21,500

Land transfer tax$10,150

Est. closing costs$3,790

Total cash needed$35,439

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