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    316 - 22 Leader Lane

    For SaleKing Edward Private Residences
    $469,000
    1 Bed
    1 Bath
    0 Parking
    407 SQFT
    17 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,152/sqft
    Maintenance Fees:
    $527/mth
    Taxes:
    $1,879 (2023)
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

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

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Window
    9.09 x 7.91ft
    Dining
    Hardwood Floor, Combined with Living
    9.09 x 7.91ft
    Kitchen
    Hardwood Floor, Granite Counter, Built-in Fridge
    10.76 x 9.32ft

    About this Listing

    Enjoy Luxury Living At Its Finest At The King Edward Private Residences. The Perfect Blend Of Hotel Living & Home Ownership All Wrapped Into One! Perfect For First Time Home Buyers & Investors! Located In The Historic King Edward Hotel, This 1 Bedroom 1 Bathroom Suite Features An Open Concept Functional Layout, Updated Kitchen With Granite Counters & Integrated Appliances, Spacious Bedroom With Double Door Closet, A Large 4pc Bathroom & Ensuite Laundry. Fantastic Location Steps to Transit, King Street, St Lawrence Market, Restaurants, Shopping & Everything Else That Downtown Living Has To Offer!

    ExtrasAccess to Hotel Amenities Including: Access to Royal Club, Gym, Mokara Spa, Meeting Rooms, Restaurants, Room Service & Housekeeping Services. Unit Was Previously Leased for $2400/Month + Utilities

    royal lepage real estate services ltd.MLS® #C8228196


    Amenities

    Security System
    Party Room
    Concierge
    Sauna
    Business Centre
    Gym 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
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at King Edward Private Residences spend an average of
    44
    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
    5.2
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    24
    Units were Rented over the past twelve months

    Best Value Rank

    King Edward Private Residences offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    King Edward Private Residences has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    King Edward Private Residences yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    King Edward Private Residences is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 22 Leader Lane

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$479,000$520,000 - $680,000$671,000 - $680,000No Data
    Avg. Cost Per Sqft$1,057$1,045$1,064No Data
    Avg. Wait for Unit Availability405 Days38 Days181 Days177 Days
    Ratio of Units in Building5%70%15%11%

    Maintenance Fees

    King Edward Private Residences vs The St. Lawrence Area

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