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    Toronto / Downtown / King West

    1702 - 224 King St W

    For SaleTheatre Park
    $583,000
    1 Bed
    1 Bath
    0 Parking
    441 SQFT
    7 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $408/mth
    Taxes:
    $2,346 (2024)
    Cost Per Sqft:
    $1,322/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North East
    Possession Date:
    November 15, 2024
    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
    Heat Pump

    Room Dimensions

    Kitchen
    Hardwood Floor, Modern Kitchen, Eat-In Kitchen
    8.66 x 12.14ft
    Dining
    Hardwood Floor, Combined with Kitchen, Walkout To Terrace
    8.66 x 12.14ft
    Living
    Hardwood Floor, Open Concept, Large Window
    9.02 x 7.71ft

    About this Listing

    Welcome Home To This Rarely Offered, Well Appointed Loft At The Highly Sought After Theatre Park Lofts.Located In The Heart Of King West, Specifically Toronto's Historical Theatre Park District, This North Facing Unit with Panoramic Views (E to W) Offers Exposed Concrete, An Open Concept Layout, Modern Finishes Throughout, And A Sizeable Terrace Equipped W/A Gas Line & BBQ W/ Incredible Views. The Floor To Ceiling Windows Flood The Space W/Natural Light. The Modern Kitchen Features Stainless Steel Appliances, Quartz Countertops & Ample Storage. Whether Enjoying The Pool (& Other Incredible Amenities) W/in Your Building, Catching A Show At Neighbouring Theatres, Or Enjoying Top Restaurants & Shopping At Your Doorstep, This Location Has It All. Want To Hop On A Last Min Flight At Billy Bishop Airport or Pearson? Get The Shuttle Just Steps Away to Billy Bishop Or Jump On The Up At Union! Close To Everything In The Downtown Core, Subway, The Path, Restaurants, Nightlife & Entertainment. Amazing Walk Score! Extremely Well Maintained Building W/24 Hr Concierge, Outdoor Pool/Party Room, And A Gym/Sauna. Perfect Pied-A-Terre or Investment Unit.

    ExtrasSeller Willing To Include Automatic Espresso Maker, All Dishes, Pots, Pans, Glassware, Sofa Bed, Solid Walnut Standing Desk And Dyson Vacuum.

    berkshire hathaway homeservices toronto realtyMLS® #C9507989

    Amenities

    Security System
    Rooftop Deck
    Gym Room
    Concierge
    Party Room
    Car Wash

    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
    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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%

    Price Trends

    Maintenance Fees

    Theatre Park vs The King West Area

    Building Trends At Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    40
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$428,025 - $470,000No DataNo DataNo DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,362No DataNo DataNo DataNo Data$1,182No Data
    Avg. Wait for Unit Availability187 Days95 Days122 Days41 Days774 Days140 Days286 Days
    Ratio of Units in Building13%18%19%41%1%8%3%

    Transactions vs Inventory

    Total number of units listed and sold in King West