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    302 - 1 King Street W

    For SaleOne King West Hotel & Residence
    $1,399,000
    Price Cut: $1,550,000
    3 Beds
    1 Bath
    0 Parking
    1,500 SQFT
    464 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $933/sqft
    Maintenance Fees:
    $745/mth
    Taxes:
    $0 (2022)
    Locker:
    Ensuite
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    July 1, 2023
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Other
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    17.98 x 7.97ft
    Bedroomeakfast
    7.97 x 10.01ft
    Foyer
    28.02 x 7.97ft

    About this Listing

    A Rare Property In The Heart Of Downtown Toronto, Located In The Beautiful Boutique One King St Hotel At The Corner Of King And Yonge. Beautifully Appointed And Immaculate Offices Overlooking Commerce Court, 1500 Sq.Ft. Of Office Space (Half Of The Third Floor), Perfect For Law Office, Accounting, Engineering, Consulting, Executive Offices, Aesthetics, Etc. That Can Also Be Live In And Used As A Loft For Work And Play. Ideal Offices For Lawyer, Accountant, Real Estate, It Offices

    ExtrasHuge Boardroom, Offices, Lobby, Kitchenette, Private Washroom And Shower. Connected To The Underground Toronto Path, A Network Of Pedestrian Tunnels, Elevated Walkways, A-Grade Walkways Connecting The Office Towers Of Downtown Toronto.

    move up realty inc., brokerageMLS® #C5879304


    Amenities

    Visitor Parking
    Indoor Pool
    Bike Storage
    Media Room
    Party Room
    Rec Room

    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

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

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at One King West Hotel & Residence spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.2
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 42 condos in the City Centre area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    One King West Hotel & Residence offers the
    ?
    best value out of 42 condos in the City Centre neighbourhood

    Appreciation Rank

    One King West Hotel & Residence has the
    ?
    highest ROI out of 42 condos in the City Centre neighbourhood

    Rental Yield

    One King West Hotel & Residence yields the
    ?
    highest rent prices out of 42 condos in the City Centre neighbourhood

    High Demand

    One King West Hotel & Residence is the
    ?
    most popular building out of 42 condos in the City Centre neighbourhood

    Transaction Insights at 1 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$390,000 - $620,000$479,600 - $725,000$530,000 - $669,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$917$956$901No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability27 Days53 Days183 DaysNo Data351 DaysNo DataNo Data
    Ratio of Units in Building61%31%5%2%1%1%2%

    Maintenance Fees

    One King West Hotel & Residence vs The City Centre Area

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