$709,000

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#501 224 King Street West Street West, Toronto (Waterfront Communities) - Single Family for Sale

#501 224 King Street West Street West, Toronto (Waterfront Communities), Ontario, M5H0A6

1 bed1 bath0 parking950 ft²$819/mo condo feeListed 59 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space.

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Description

Welcome to Theatre Park at 224 King Street West .One of the downtown core's most sought-after boutique addresses, positioned directly across from Roy Thomson Hall and steps to the best of the Entertainment & Financial Districts. This rarely offered, expansive wide-set 1-bedroom soft loft features striking exposed concrete walls and ceilings, soaring 9-foot heights, and expansive floor-to-ceiling windows that flood the space with natural light. Enjoy a phenomenal, functional layout designed for seamless entertaining and effortless urban living. The building boasts top-tier amenities, including a striking outdoor pool, a fully equipped fitness center, a 24-hour concierge. Don't miss this prime opportunity to secure a true luxury loft footprint in the heart of the city (id:66096)

Property Details

MLS®: C13751562
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $819/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,501/yr
Listed: 59 days ago

Rooms

Flat

Living room: 5.79 x 4.56 meters
Dining room: 5.79 x 4.56 meters
Kitchen: 5.79 x 4.56 meters
Bedroom: 4.63 x 2.59 meters

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

Features

Appliances: Water meter, Furniture
Flooring: Hardwood
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$747

List price

$709K

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 (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 KELLER WILLIAMS REALTY CENTRES · DIANE LEAHY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $709,000, about 7.9× the local median household income of $90,000.

Carrying it typically needs a household income of about $138,493 (20% down, 25-yr amortization, stress-tested) — roughly 54% 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)

$709,000· $747/ft²

For sale

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Full Cost Breakdown

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Down Payment6.47% · $45,900

Min 6.47%50%

Mortgage payment$3,676/mo

↳ CMHC premium ($26,524 capitalized)

Property tax (est.)$375/mo

Condo fee$819/mo

Total monthly$4,870

Cash Needed to Close

Down payment (6.47%)$45,900

Land transfer tax$21,310

Est. closing costs$4,627

Total cash needed$71,837

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#501 224 King Street West Street West, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5H)

Book a showing

Full Cost Breakdown