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    402 - 109 King Ave E

    For Sale109 King
    $599,900
    1 Bed + 1
    2 Bath
    1 Parking
    900 - 999 SQFT
    18 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $550/mth
    Taxes:
    $3,564 (2024)
    Cost Per Sqft:
    $601 - $667/sqft
    Locker:
    None
    Outdoor Space:
    Juliet Balcony
    Exposure:
    North
    Possession Date:
    To be arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Irregular Room
    12.37 x 17.42ft
    Kitchen
    11.71 x 12.27ft
    Den
    Irregular Room
    4.07 x 8.79ft

    About this Listing

    Welcome to this beautiful one-bedroom plus den condo, perfectly situated in the heart of downtown Newcastle. LOCATION! LOCATION! LOCATION! This thoughtfully designed unit is a 'BARRIER FREE' UNIT as per builder specs(wider doorways, lowered light switches, wheelchair/walker accessibility) making it an ideal choice for everyone. The primary bedroom boasts a 3-piece ensuite bathroom for added convenience and privacy. Open-concept living room, kitchen, den space filled with natural light from the north-facing windows, neutral decor throughout, carpet free, kitchen island with breakfast bar and tons of counter space. Personalize your new home with ease. Location is key, and this condo delivers! You'll find yourself within walking distance to local grocery stores, restaurants, pubs, and a variety of amenities. Plus, with just a five-minute drive to the 401, commuting or freeway travel is a breeze. 5-10 Minutes drive away from Lake Ontario walking paths. Additional highlights include in-unit laundry, underground parking, elevator access, and visitor parking. This exceptional condo is perfect for anyone looking for comfort and convenience in a vibrant growing community with small town charm. Don't miss out on this incredible opportunity!

    re/max rouge river realty ltd.MLS® #E9417499


    Amenities

    No Data

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    3,534
    Average Individual Income
    $77,318
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $116,961
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    15%
    50 - 64
    24%
    65+
    25%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    9%
    $125,000+
    6%
    Housing Types & Tenancy
    Detached
    58%
    Low Rise Apartment
    19%
    Semi Detached
    14%
    High Rise Apartment
    3%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    5%
    Cantonese
    3%
    Urdu
    1%
    Mandarin
    1%
    Punjabi
    1%
    Education
    High School
    30%
    College
    23%
    University and Above
    22%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    15%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Education
    9%
    Visual & Performing Arts
    7%
    Personal, Protective & Transportation Services
    6%
    Math & Computer Sciences
    6%
    Humanities
    4%
    Physical Sciences
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    109 King vs The Newcastle Area

    Days on Strata

    Units at 109 King spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newcastle

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 8 condos in the Newcastle area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    109 King offers the
    ?
    N/A
    best value out of 8 condos in the Newcastle neighbourhood

    Appreciation Rank

    109 King has the
    ?
    N/A
    highest ROI out of 8 condos in the Newcastle neighbourhood

    Rental Yield

    109 King yields the
    ?
    N/A
    highest rent prices out of 8 condos in the Newcastle neighbourhood

    High Demand

    109 King is the
    ?
    N/A
    most popular building out of 8 condos in the Newcastle neighbourhood

    Transaction Insights at 109 King Avenue E

    1 Bed1 Bed + Den2 Bed
    Price Range$533,000 - $572,000$580,000 - $616,500$620,000 - $710,000
    Avg. Cost Per Sqft$727$681$541
    Avg. Wait for Unit Availability78 Days169 Days231 Days
    Ratio of Units in Building18%36%48%

    Transactions vs Inventory

    Total number of units listed and sold in Newcastle