705 King St WUnit 201
1Bed + Den
1Bath
700 - 799SQFT
SOLD
Sold for $550,000
700 - 799SQFT
705 King St WUnit 201
SOLD
Sold for $550,000
1Bed + Den
1Bath
700 - 799SQFT
Walk Score
96
Transit Score
100
Bike Score
68
© MapTiler © OpenStreetMap
0
CONDO Demand
HIGH
Unit Availability
AVERAGE
Property Type
Condo
Developer
Toddgeln Construction Ltd
Condo Completion
1985
Property Management
Shelter Canadian Properties Ltd
Unit Size Range
386 - 1200 SQFT
Number of Units
304
Number of Storeys
20
List Price
$499,000
Sold per SQFT for
$734/sqft
Total Days on Market
5
Maintenance
$684/mth
Taxes
$1,847
Property Type
Condo
CONDO Demand
HIGH
Unit Availability
AVERAGE
Locker
No
Parking
Yes
Outdoor Space
None
Exposure
South West

Listing Summary

SOLD! Unit #201 at 705 King St W sold for $550,000 on the 15th of June, 2021, up $51,000 from the list price of $499,000, or 10.2% above the list price, with 5 days on market. if you have any questions about this unit or building!

About the Property

This One-Bdrm Plus Den Is Brushed W/ Contemporary Style & Exudes Sophistication. Open Concept Dining & Living Areas Are Bright, Welcoming & Flush W/Natural Light.The Primary Bdrm Is Large & Lovely W/ W/I Closet & Sliding Patio Doors To The Sunny Den. The Den Offers Courtyard Views And Is The Perfect Space For Work-At-Home.Fully Updated Kitchen W/ S/S Appliances. Life On King West Means Bringing Your Urban Lifestyle To A Whole New Level!

Extras

Existing Fridge,Stove,Dishwasher,B/I Microwave.Shoe Organizer At The Front Door.All Electric Light Fixtures, Dual Regular & Blackout Blinds. On-Floor Laundry Rm.Exclude: Tv & Tv Mount. Heat Pump Maintenance Is Included In Maintenance Fee.

Brokerage: bosley real estate ltd., brokerageMLS® #C5268838

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Friday
18
June
Saturday
19
June
Sunday
20
June

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Room Dimensions

AreaFeet | MetersDetails
Living15.13 x 12.27ftLaminate, Combined with Dining, O/Looks Garden
Dining10.3 x 8.89ftLaminate, Combined with Living
Kitchen10.89 x 9.38ftTile Floor, Built-in Appliances
Master15.22 x 13.32ftLaminate, Walk-in Closet
Den10.76 x 8.43ftLaminate, Large Window, O/Looks Garden

Maintenance Fees Cover

Maintenance Fees Include

Water
Parking
Building Insurance

Owner Pays Separately

Hydro
Heat
Air Conditioning

Amenities

Concierge
BBQ
Gym
Visitor Parking
Sauna
Underground Parking
Party/Meeting Room
Recreation Room
Squash Racquet Court
Indoor Pool
Outdoor Pool
Security System

Listing History for Unit 201

Stats, Trends & Rankings

Price Per Square Foot For Sale
Price Per SQFT For Sale
SaleRent
The Summit II Condos vs The King West Area
SaleRent

$267
Less Expensive
per SQFT compared to the neighbourhood average
The Summit II Condos's Avg
price per SQFT
$754
/ SQFT
Neighbourhood Avg
price per SQFT
$1,021
/ SQFT

Building Trends At The Summit II Condos

Days on Market

Units at The Summit II Condos spend an average of
12
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
3%
above
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
12.1
YEARS before being sold again

Property Value

-12%
Decrease in property value within the past twelve months

Price Ranking

77th
Highest price per SQFT out of 91 condos in the King West area

Sold Units

19
Units were Sold over the past twelve months

Rented Units

25
Units were Rented over the past twelve months

Best Value

The Summit II Condos offers the
?
best value out of 91 condos in the King West neighbourhood

Return on Investment

The Summit II Condos has the
?
highest ROI out of 91 condos in the King West neighbourhood

Rental Yield

The Summit II Condos yields the
?
highest rent prices out of 91 condos in the King West neighbourhood

High Demand

The Summit II Condos is the
?
most popular building out of 91 condos in the King West neighbourhood

Sales vs Rental Values For This Condo

Average Cost Per SQFTSales Price RangeRental Price Range
Studio386 - 546 SQFT$984$429,000 - $429,000$1,250 - $1,750
1 Bed746 - 810 SQFT$711$519,000 - $570,000$1,725 - $2,350
1 Bed + Den649 - 835 SQFT$714$495,000 - $685,000$1,850 - $2,300
2 Bed1113 - 1113 SQFT$646$706,500 - $706,500
N/A
2 Bed + Den900 - 1113 SQFT$744$696,000 - $749,000$2,800 - $2,800
Studio386 - 546 SQFT
Average Cost Per Sqft
$984
Sales Price Range
$429,000 - $429,000
Rental Price Range
$1,250 - $1,750
1 Bed746 - 810 SQFT
Average Cost Per Sqft
$711
Sales Price Range
$519,000 - $570,000
Rental Price Range
$1,725 - $2,350
1 Bed + Den649 - 835 SQFT
Average Cost Per Sqft
$714
Sales Price Range
$495,000 - $685,000
Rental Price Range
$1,850 - $2,300
2 Bed1113 - 1113 SQFT
Average Cost Per Sqft
$646
Sales Price Range
$706,500 - $706,500
Rental Price Range
N/A
2 Bed + Den900 - 1113 SQFT
Average Cost Per Sqft
$744
Sales Price Range
$696,000 - $749,000
Rental Price Range
$2,800 - $2,800

How Often Are Units Listed?

Average Sales AvailabilityAverage Rental AvailabilityRatio of Unit Type in Building
Studio386 - 546 SQFT
Every111Days
Every78Days
26%
1 Bed500 - 819 SQFT
Every212Days
Every395Days
13%
1 Bed + Den649 - 925 SQFT
Every44Days
Every86Days
46%
2 Bed949 - 1200 SQFT
Every1130Days
Every522Days
5%
2 Bed + Den895 - 1150 SQFT
Every205Days
Every255Days
12%
Studio386 - 546 SQFT
Average Sales Availability
Every111Days
Average Rental Availability
Every78Days
Ratio of Unit Type in Building
26%
1 Bed500 - 819 SQFT
Average Sales Availability
Every212Days
Average Rental Availability
Every395Days
Ratio of Unit Type in Building
13%
1 Bed + Den649 - 925 SQFT
Average Sales Availability
Every44Days
Average Rental Availability
Every86Days
Ratio of Unit Type in Building
46%
2 Bed949 - 1200 SQFT
Average Sales Availability
Every1130Days
Average Rental Availability
Every522Days
Ratio of Unit Type in Building
5%
2 Bed + Den895 - 1150 SQFT
Average Sales Availability
Every205Days
Average Rental Availability
Every255Days
Ratio of Unit Type in Building
12%

Maintenance Fees
The Summit II Condos vs The King West Area

$0.05
More Expensive
per SQFT compared to the neighbourhood average
The Summit II Condos's Avg
monthly maintenance
fee per SQFT
$0.78
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.73
/ SQFT

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