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    201 - 650 King Street W

    For SaleSix50 King
    $628,000
    1 Bed
    1 Bath
    0 Parking
    490 SQFT
    26 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,282/sqft
    Maintenance Fees:
    $308/mth
    Taxes:
    $1,952 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    May 31, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Unit Details

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

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    11.25 x 8.5ft
    Dining
    Combined with Living, Laminate, Open Concept
    14.01 x 10.5ft
    Kitchen
    Open Concept, Stainless Steel Appliances
    14.01 x 10.5ft

    About this Listing

    Get into the market! This ultra urban King West condo is your ticket to owning a piece of one of the hottest neighbourhoods in the city. An exceptional entry to the market for a first time buyer looking to plug into downtown life or a sound first time investment unit. It's located almost equidistant from both Bathurst and Portland, and so IYKYK... you're literally steps from some of the most popular restaurants, cafes, bars, spas, clubs/nightlife and more. There may not be a better location to own a condo in Toronto. Photos were taken prior to demolition of the building next door.

    ExtrasYour balcony overlooks the site of the upcoming Metrolinx station, meaning you will be next door to a crucial hub that will connect you to the world via the UP and beyond. Aka Potential for a currently immeasurable value in the long term.

    keller williams referred urban realtyMLS® #C8205642


    Amenities

    Rooftop Deck
    Visitor Parking
    Concierge
    Bike Storage
    BBQ
    Party Room

    Nearby Amenities

    9/10
    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
    The bike lane starts to feel like a second home.

    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 Six50 King spend an average of
    22
    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
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    27
    Units were Rented over the past twelve months

    Best Value Rank

    Six50 King offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Six50 King has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Six50 King yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Six50 King is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 650 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$615,000 - $749,000No Data$825,000 - $1,050,000$1,265,000 - $1,450,000No Data
    Avg. Cost Per SqftNo Data$1,204No Data$1,105$1,045No Data
    Avg. Wait for Unit AvailabilityNo Data36 Days252 Days63 Days203 Days177 Days
    Ratio of Units in Building1%61%8%25%6%2%

    Maintenance Fees

    Six50 King vs The King West Area

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