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    Toronto / Downtown / St. Lawrence

    508 - 318 King St E

    For SaleThe King East
    $499,000
    Price Cut: $570,000
    1 Bed
    1 Bath
    0 Parking
    543 SQFT
    89 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $405/mth
    Taxes:
    $2,125 (2023)
    Cost Per Sqft:
    $919/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Vacant
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Windows Floor to Ceiling, South View, Open Concept
    15.36 x 15.19ft
    Kitchen
    Quartz Counter, Led Lighting, Stainless Steel Appliances
    15.36 x 15.19ft
    Foyer
    Closet, Combined with Laundry
    19.42 x 7.02ft

    About this Listing

    Absolutely a must-see! This captivating 1-bedroom unit, facing south, offers not just a home but a lifestyle. Imagine waking up to sun-kissed mornings and vibrant city views. Conveniently located, you have a streetcar right at your doorstep, ensuring seamless connectivity to all Toronto has to offer.Step inside to discover a meticulously maintained space, boasting modern amenities such as a gas range, elevating your quality of living. With loft ceilings, dimmable pot lights, and low maintenance, this property is designed for both comfort and style.Perfect for the urban dweller, commuting anywhere in downtown Toronto is a breeze. Whether it's work or play, you're just moments away.This move-in ready gem is waiting for you! The motivated seller ensures a smooth transition into your new home. Don't miss out on this opportunity to elevate your lifestyle in the heart of the city!

    Extras24/7 concierge service, ample visitor parking, and a chic party room with a kitchen. Step onto the outdoor terrace lounge or retreat to plush guest suites. High-security ensures peace of mind.

    re/max atrium home realtyMLS® #C9237361

    Amenities

    Bike Storage
    Concierge
    BBQs Allowed
    Party Room
    Rooftop Deck
    Guest Suites

    Explore Neighbourhood

    9/10
    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
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    The King East vs The St. Lawrence Area

    Building Trends At The King East

    Days on Strata

    Units at The King East spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    The King East offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The King East has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    The King East yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    The King East is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 318 King Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$385,000$500,000 - $560,000$725,000 - $777,000$824,000 - $1,065,000No Data
    Avg. Cost Per Sqft$1,123$1,067$1,034$993No Data
    Avg. Wait for Unit Availability568 Days55 Days45 Days120 Days492 Days
    Ratio of Units in Building7%41%38%14%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence