Skip to main
Go Back
Strata Logo

    2406 - 224 King Street W

    For SaleTheatre Park
    $1,180,000
    2 Beds
    1 Bath
    1 Parking
    846 SQFT
    32 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,395/sqft
    Maintenance Fees:
    $786/mth
    Taxes:
    $3,998 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    April 30, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

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

    Room Dimensions

    Living
    17 x 10.99ft
    Prim Bdrm
    8.99 x 12.99ft
    2nd Bedroom
    10.99 x 7.97ft

    About this Listing

    Welcome to Theatre Park Condo, located in the heart of Toronto's vibrant downtown area. This stunning two-bedroom unit offers breathtaking views facing the southwest, overlooking the serene lake, Roy Thomas Hall, and David Pecant Square. The unit features beautifully crafted engineered hardwood floors, adding a touch of elegance to the space. The property has been meticulously maintained, ensuring a comfortable and inviting living environment for its residents. With its prime location and luxurious amenities, Theatre Park Condo offers a unique opportunity to experience urban living at its finest. Don't miss out on the chance to make this exquisite condo your new home. Steps to the St. Andrew Subway station. One underground parking spot is included.

    Extras815sf plus 124sf balcony.

    engel & volkers waterloo regionMLS® #C8180140


    Amenities

    Rooftop Deck
    Concierge
    BBQ
    Party Room
    Outdoor Pool
    Car Wash

    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
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Theatre Park spend an average of
    32
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$428,025 - $470,000$575,000$732,500No DataNo Data$1,655,000 - $1,725,000No Data
    Avg. Cost Per Sqft$1,356$1,383$1,221No DataNo Data$1,293No Data
    Avg. Wait for Unit Availability187 Days95 Days122 Days41 Days274 Days162 Days286 Days
    Ratio of Units in Building13%19%19%41%2%7%3%

    Maintenance Fees

    Theatre Park vs The King West Area

    Similar Listings

    Recently Viewed Listings