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    4501 - 224 King Street W

    For SaleTheatre Park
    $2,349,000
    3 Beds
    3 Bath
    1 Parking
    1,990 SQFT
    25 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,180/sqft
    Maintenance Fees:
    $1,820/mth
    Taxes:
    $8,748 (2024)
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North West
    Possession Date:
    Immediately/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Gas Fireplace, Hardwood Floor, Walkout To Terrace
    22.47 x 15.62ft
    Dining
    Open Concept, Gas Fireplace, Walkout To Terrace
    18.34 x 13.32ft
    Kitchen
    Combined with Dining, Centre Island, Stainless Steel Appliances
    18.34 x 13.32ft

    About this Listing

    Welcome to urban living at 224 King St West in Toronto's Entertainment District! This stunning 3-bedroom condo boasts 10-foot ceilings and a warm contemporary style. The open-concept layout maximizes space and natural light. Enjoy a sleek kitchen with high end stainless steel appliances and quartz countertops. Floor-to-ceiling windows offer breathtaking views of the Toronto skyline. Each bedroom is a tranquil retreat with ample closet space. One parking spot with EV Charger dedicated to the space. Residents enjoy access to amenities including a fitness center and rooftop terrace -w- outdoor pool. Indulge in the Vintage conservatory on the ground floor, featuring wine storage and a private restaurant for in-suite dining. With world-class dining, entertainment, and shopping just steps away, this condo offers unparalleled convenience in a dynamic neighbourhood. Experience urban living at its finest - schedule your viewing today.

    sotheby`s international realty canadaMLS® #C8217046


    Amenities

    Car Wash
    Rooftop Deck
    Concierge
    Gym Room
    BBQ
    Party 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
    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

    -2%
    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

    34
    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

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