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    Toronto / Downtown / King West

    1603 - 80 John St

    For SaleFestival Tower
    $1,069,000
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
    65 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,073/mth
    Taxes:
    $4,619 (2023)
    Cost Per Sqft:
    $1,069/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Walkout To Balcony
    20.08 x 14.6ft
    Dining
    Hardwood Floor, Open Concept
    20.08 x 14.6ft
    Kitchen
    Hardwood Floor, Open Concept
    20.08 x 14.6ft

    About this Listing

    Rarely Available Corner 2 Bed, 2 Bath Unit With Clear S/W View. Features Expensive View Of Downtown Core. Great Layout. 9 Ft Ceilings, Kitchen With Center Island, Upgraded Cabinets, Granite Countertops, Hardwood Floors Throughout. Large Balcony. Live-In Festival Tower* Home Of Tiff &Year-Round Festivals* In Prestigious & Most Dynamic Area Of Downtown, Surrounded By Toronto's Most Famous Entertainment Venues, Restaurants, Clubs. Entertainment District.100% Walk Score

    ExtrasBuilt-In Miele Appliance. 5 Star Hotel Inspired Amenities: Indoor Pool, 24 Hr Gym, Full Business Media Centre/Library. Party Rm, Internet Lounge, 55 Seat Theatre, Spa,Yoga & Dance Studio,24 Hr Concierge,Outdoor Deck W/Incredible City Views.

    sotheby`s international realty canadaMLS® #C9269744

    Amenities

    Rooftop Deck
    Sauna
    Indoor Parking
    Media Room
    Concierge
    Party Room

    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
    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

    Festival Tower vs The King West Area

    Building Trends At Festival Tower

    Days on Strata

    Units at Festival Tower spend an average of
    35
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    52
    Units were Rented over the past twelve months

    Best Value Rank

    Festival Tower offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Festival Tower has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Festival Tower yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Festival Tower is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 80 John Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$635,000 - $749,900$1,490,000$1,055,000 - $2,100,000$2,281,000
    Avg. Cost Per SqftNo DataNo Data$1,098$1,199$1,086$1,277
    Avg. Wait for Unit Availability262 Days104 Days31 Days64 Days54 Days499 Days
    Ratio of Units in Building6%17%40%19%19%2%

    Transactions vs Inventory

    Total number of units listed and sold in King West