478 King St W 611
Waterfront Communities C1, Downtown Toronto, M5V 0A8
FOR SALE
$575,000

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Property Description
Discover modern sophistication in the heart of one of Toronto's most vibrant neighbourhoods. This stylish 1-bedroom, 1-bathroom condo, built in 2011, offers 510 sq. ft. of thoughtfully designed living space, perfect for young professionals or urban dwellers. Located on a premium south-facing side, the unit boasts a large balcony with plenty of natural light, making it an inviting retreat amidst the bustling city. Step inside to find contemporary exposed concrete ceilings and sleek finishes throughout. The open-concept kitchen features stone countertops and a cleverly integrated dishwasher, blending function with style. The bedroom offers cozy carpet flooring, while the tiled bathroom adds a touch of luxury. In-unit laundry ensures convenience and a private lower-level locker provides the perfect bonus space for storage. With monthly fees of $433.66, you'll enjoy a worry-free lifestyle that includes heat, water, cooling, building insurance, and access to common elements. Additional perks include bike storage, concierge services, guest suites, a fully equipped gym, a media room, a party/meeting room, and visitor parking. Don't miss this opportunity to live in a boutique building surrounded by trendy restaurants, shops, and entertainment. Schedule your viewing today to experience this exceptional condo firsthand!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-08-04 | 2021-08-17 | 14 | $1,899 | $1,900 | Leased |
2020-05-21 | 2020-06-13 | 23 | $1,950 | $1,800 | Leased |
Nearby Intersections
King & Spadina (156)
Front & Spadina (131)
King & Bathurst (274)
Adelaide & Spadina (37)
Queen & Spadina (91)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,318 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 3.38' x 9.91' | Closet, 3 Pc Bath |
Kitchen | Flat | 9.84' x 11.68' | Stainless Steel Appl, Stone Counter, Eat-In Kitchen |
Living | Flat | 10.56' x 11.61' | W/O To Balcony, Open Concept |
Prim Bdrm | Flat | 9.65' x 11.12' | Glass Doors, Double Closet, Broadloom |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
478 King St W 611 is a 1-bedroom 1-bathroom condo listed for sale at $575,000, which is $17,890 (3.2%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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