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    801 - 318 King St E

    $549,0001 bd1 ba0 pk600 sqft
    7 Days on Strata
    $549,000
    1 Bed
    1 Bath
    0 Parking
    600 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Maintenance Fees:

    $491/mth

    Taxes:

    $2,582 (2024)

    Cost Per Sqft:

    $915/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    60-90 TBD

    Laundry:

    Main

    Amenities

    Concierge
    Visitor Parking
    Rooftop Deck
    Guest Suites
    Security System
    Bike Storage
    BBQs Allowed
    Party Room

    About this Listing

    INCREDIBLE VALUE IN CORKTOWN! THIS IS A MUST SEE!! Welcome Home To Boutique Urban Living At The King East. This Oversized 1-bedroom Condo Offers The Perfect Blend Of Modern Comfort And Convenience. Enjoy The Open Concept Living Space With Approx 9' Ceilings And Concrete Accents For A Super Cool Loft-style Feel. Includes A Large Bedroom With Plenty Of Closet Space And Natural Light. The Modern Open Concept Kitchen Features FULL-SIZED Stainless Steel Appliances (Including A Gas Range), Stone Countertops, And Floor To Ceiling Windows. This Beautiful Residence Features 600 Interior Square Feet Of Awesome In Addition To The Spacious Balcony (Approximately 90 sq ft) - Complete With A Gas Line For A BBQ And Stunning City Views. Within Walking Distance To Everything You Need - Distillery District, St. Lawrence Market, George Brown College, Parks, Some Of The Best Restaurants In The East End Of The City. Multiple Options For Commuter Access And TTC - Including The Future Ontario Line Station That Will Be Completed Across The Street. Move In And Enjoy Everything That This Beautiful Residence Has To Offer.

    ExtrasStainless Steel Fridge, Gas Stove, Microwave Hood Vent, B/I Dishwasher. Stacked Washer/Dryer. Gas BBQ. 1 Locker

    re/max hallmark realty ltd.MLS® #C12071014

    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

    Heat Pump

    Room Dimensions

    Living

    hardwood floor, Walkout To Balcony, Combined with Dining

    13.16 x 14.4ft

    Dining

    hardwood floor, Open Concept, Combined with Living

    13.16 x 14.4ft

    Kitchen

    Modern Kitchen, Stainless Steel Appliances, Stone Counter

    13.16 x 14.4ft

    Primary

    hardwood floor, Large Closet, Separate Room

    9.91 x 11.16ft

    Foyer

    hardwood floor, Closet

    8.66 x 4.92ft

    Other

    Balcony

    5.74 x 15.75ft

    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
    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%


    Days on Strata

    Units at The King East spend an average of
    34
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    The King East offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The King East has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    The King East yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    The King East is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Market Insights

    Transaction Insights at The King East

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$385,000$435,000 - $500,000$726,000 - $730,000$824,000 - $1,065,000No Data
    Avg. Cost Per Sqft$1,130$1,053$1,035$993No Data
    Avg. Wait for Unit Availability759 Days57 Days52 Days120 Days492 Days
    Ratio of Units in Building7%42%38%14%1%

    Market Inventory

    Total number of units listed and sold in St. Lawrence