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Property Description
Electra Lofts Two Storey 675 Sq Ft One Bedroom Loft! Prime King West Location. Floor To Ceiling Windows And bright And Airy Open Concept Rooms. Loft Features Include Soaring 16' Exposed Concrete Ceilings, Concrete wall, And Full Width South Facing Balcony. Carpet-Free. Maintenance Fee Includes All Utilities: Hydro, Heat, Central Air, And Water. Walk To King Shops, Grocery, Restaurants, Pedestrian Access To Liberty Village And Exhibition grounds. Great Boutique Building. TTC At Door!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-11 | 2024-06-26 | 15 | $589,900 | $590,000 | Sold |
Extras
Stainless Steel Fridge, Stove, Over the range Microwave, Built-In Dishwasher; Stacked Washer And Dryer. All Electric Light Fixtures. Glass Door Walk-In Shower.
Nearby Intersections
Queen & Dovercourt (223)
King & Strachan (117)
Queen & Ossington (283)
Strachan & Liberty (155)
King & Shaw (123)
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
600-699
Taxes
$2,504 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.91' x 16.40' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Main | 11.91' x 16.40' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Main | 5.91' x 9.02' | Breakfast Area, Stainless Steel Appl, Laminate |
| Prim Bdrm | Upper | 11.61' x 11.81' | O/Looks Living, W/I Closet, Laminate |
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Toronto Market Statistics
Toronto Price Trend
1029 King St W 640 is a 1-bedroom 1-bathroom condo listed for sale at $589,900, which is $13,281 (2.2%) lower than the average sold price of $603,181 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 1 bedroom condo in Toronto increased by $9,759 (1.6%) compared to the previous 30 day period (May 1 - May 30) and down $37,543 (5.9%) from the same time one year ago.Inventory Change
There were 1,659 1-bedroom condos listed in Toronto over the last 30 days (May 31 - June 29), which is down 10.0% compared with the previous 30 day period (May 1 - May 30) and up 9.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($10,910) (1.8%) below asking price over the last 30 days (May 31 - June 29), which represents a $3,101 decrease compared to the previous 30 day period (May 1 - May 30) and ($278) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (May 31 - June 29) stood at 32.1%, down from 33.0% over the previous 30 days (May 1 - May 30) and down from 71.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 25 days when successfully sold over the last 30 days (May 31 - June 29), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
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