Maintenance Fees
Cinema Tower vs The King West Area
$715,0001 bd2 ba0 pk679 sqft
For SaleCinema Tower
5.0
14 Days on Strata
$715,000
1 Bed + 1
2 Bath
0 Parking
679 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$617/mth
Taxes:
$3,312 (2024)
Cost Per Sqft:
$1,053/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
West
Possession Date:
To Be Arranged
Amenities
Indoor Parking
Gym
Media Room
Visitor Parking
Security System
Indoor Pool
Rooftop Deck
Guest Suites
Party Room
Games Room
Concierge
BBQs Allowed
About this Listing
Luxury living in the heart of the entertainment district, Cinema Tower Condos a long time favorite amongst professionals who enjoy living and working in the financial district. This 1 + 1 unit with 2 full baths, with the convenience of having 2 full bathrooms the den area is ready as an office, guest room or shared living. A generous hallway upon entry for coats and storage. The modern neutral kitchen with Miele appliances and full size washer and dryer. The granite bar area for easy entertaining. This pet friendly unit also comes with a large balcony that goes from the living room to the bedroom. The full ensuite bath with master bedroom. Many amenities from monthly film screenings at the state of the art private screening room, modern gym, hot tub, coworking lounge, basketball court and outdoor patio with bbq. Locker comes with the suite, also conveniently located on the 5th floor next to parking. 24 hour concierge. Numerous shops and cafes to enjoy!
ExtrasFridge, Stove, Dishwasher, Stacked Full Sized Washer/Dryer & Built-in Microwave. 1 Locker Included.
forest hill real estate inc.MLS® #C12066291
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Walkout To Balcony
14.7 x 10.4ft
Dining
Combined with Living, Laminate, Open Concept
14.7 x 10.4ft
Kitchen
Stainless Steel Appliances, Stone Counter, Breakfast Bar
8.01 x 6.99ft
Primary
4 Piece Ensuite, Laminate, Large Closet
11.81 x 9.61ft
Den
Open Concept, Laminate
7.12 x 6.99ft
Buyer's Market
Balanced
Seller's Market
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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
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%
Building Trends At Cinema Tower
Days on Strata
Units at Cinema Tower spend an average of
28
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
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
22nd
Highest price per SQFT out of 112 condos in the King West area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
66
Units were Rented over the past twelve months
Best Value Rank
Cinema Tower offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Cinema Tower has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Cinema Tower yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Cinema Tower is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Cinema Tower
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $475,000 | $542,000 - $650,000 | $642,000 - $775,000 | $848,000 | No Data | $1,400,000 |
| Avg. Cost Per Sqft | $1,157 | $1,023 | $1,095 | $1,019 | No Data | $999 |
| Price Range | $2,050 - $2,350 | $2,275 - $2,900 | $2,600 - $3,050 | $3,450 - $3,900 | No Data | $5,700 |
| Avg. Wait for Unit Availability | 145 Days | 25 Days | 33 Days | 98 Days | No Data | 1057 Days |
| Avg. Wait for Unit Availability | 49 Days | 11 Days | 16 Days | 25 Days | 1580 Days | 586 Days |
| Ratio of Units in Building | 8% | 44% | 32% | 17% | 1% | 1% |
Market Inventory
Total number of units listed and sold in King West
