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    Toronto / Downtown / City Center - Toronto

    2402 - 1 King St W

    For SaleOne King West Hotel & Residence
    $339,900
    Studio + 1
    1 Bath
    0 Parking
    412 SQFT
    1 Day on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $600/mth
    Taxes:
    $1,533 (2023)
    Cost Per Sqft:
    $825/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    December 18, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Den
    0 x 0ft
    Bathroom
    3 Piece Bath
    0 x 0ft
    Kitchen
    0 x 0ft

    About this Listing

    Welcome to the residences at One King West. This rarely offered, fully renovated, bachelor suite is located in the heart of the Financial District. Upgrade custom kitchen with new appliances, built in washer dryer combo, fully upgraded bathroom, wood floors throughout and more! Enjoy the countless amenities this building offers, such as; gym, jacuzzi, lobby restaurants, room service, parking discounts and so much more! Conveniently located close to shopping, restaurants, public transit, and more right at your doorstep. Direct underground access to P.A.T.H., the subway, & Union Station. Take advantage f this units investment potential or move right in and enjoy all the amenities this building has to offer.

    psrMLS® #C9741053

    Amenities

    Media Room
    Indoor Parking
    Bike Storage
    Games Room
    Gym Room
    Party Room

    Explore Neighbourhood

    10/10
    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!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    One King West Hotel & Residence vs The City Center - Toronto Area

    Building Trends At One King West Hotel & Residence

    Days on Strata

    Units at One King West Hotel & Residence spend an average of
    47
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    7.2
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the City Center - Toronto area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    One King West Hotel & Residence offers the
    ?
    best value out of 9 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    One King West Hotel & Residence has the
    ?
    highest ROI out of 9 condos in the City Center - Toronto neighbourhood

    Rental Yield

    One King West Hotel & Residence yields the
    ?
    highest rent prices out of 9 condos in the City Center - Toronto neighbourhood

    High Demand

    One King West Hotel & Residence is the
    ?
    most popular building out of 9 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 1 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$380,000 - $408,500$509,600 - $525,000$420,000 - $669,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$970$1,073$870No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability27 Days60 Days152 DaysNo Data701 DaysNo DataNo Data
    Ratio of Units in Building63%29%6%2%1%1%2%

    Transactions vs Inventory

    Total number of units listed and sold in City Center - Toronto