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For SaleFestival TowerEst Sell Timeframe 16 Days
$799,000
1 Bed + 1
1 Bath
1 Parking
674 SQFT
39 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,185/sqft
Maintenance Fees:
$803/mth
Taxes:
$3,111 (2023)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
West
Possession Date:
March 25, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Hardwood Floor, Combined with Dining, Walkout To Balcony
13.48 x 10.5ft
Kitchen
Hardwood Floor, Hardwood Floor, Centre Island
10.5 x 10.17ft
Prim Bdrm
Hardwood Floor, His/Hers Closets, Semi Ensuite
11.42 x 9.42ft
About this Listing
Welcome to Festival Tower in Trendy King West. Your chance to own in this iconic building. With floor to ceiling windows, 9 ft ceilings, modern sleek appliances and design. His and her closets, Jack and Jill bathroom includes a flat screen tv that swivels from the bedroom to the seating area in the main area. Known for being the hub of the Toronto Film Festival, short walk to the path, financial district and transit at your door step.
ExtrasMiele Appliances: Fridge , stove, cooktop, dishwasher, washer , dryer
cityscape real estate ltd.MLS® #C8172710
Amenities
Visitor Parking
Rooftop Deck
Gym Room
Concierge
Media Room
Games 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
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%
Price Trends
Building Trends At Festival Tower
Days on Strata
Units at Festival Tower spend an average of
24
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 98 condos in the King West area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
37
Units were Rented over the past twelve months
Best Value Rank
Festival Tower offers the best value out of 98 condos in the King West neighbourhood
?
Appreciation Rank
Festival Tower has the highest ROI out of 98 condos in the King West neighbourhood
?
Rental Yield
Festival Tower yields the highest rent prices out of 98 condos in the King West neighbourhood
?
High Demand
Festival Tower is the most popular building out of 98 condos in the King West neighbourhood
?
Transaction Insights at 80 John Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | No Data | $675,000 - $765,000 | $1,040,000 - $1,075,000 | $1,055,000 - $2,100,000 | No Data |
Avg. Cost Per Sqft | No Data | No Data | $1,127 | $1,155 | $1,176 | No Data |
Price Range | $2,250 - $2,400 | $2,600 - $2,650 | $2,675 - $3,550 | $3,600 - $6,850 | $3,550 - $11,500 | $6,500 - $13,500 |
Avg. Wait for Unit Availability | 303 Days | 102 Days | 32 Days | 63 Days | 50 Days | 331 Days |
Avg. Wait for Unit Availability | 113 Days | 32 Days | 15 Days | 31 Days | 34 Days | 390 Days |
Ratio of Units in Building | 6% | 17% | 40% | 19% | 19% | 2% |
Maintenance Fees
Festival Tower vs The King West Area