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    Toronto / Downtown / City Center - Toronto

    2702 - 1 King St W

    For RentOne King West Hotel & Residence
    $2,000/mth
    Studio + 1
    1 Bath
    0 Parking
    499 SQFT
    14 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    North West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    Open Concept, Hardwood Floor, Built-in Closet
    0 x 0ft
    Study
    Open Concept, Hardwood Floor, Large Closet
    0 x 0ft
    Kitchen
    Galley Kitchen, Hardwood Floor, Irregular Room
    6.99 x 6.99ft

    About this Listing

    Premium Furnished Executive Pied-a-Terre in the Heart of Downtown Toronto! This unbeatable locationmakes it easy to access all your meetings or hosting your most discerning clients. Enjoy thehotel's 5 star amenities including concierge, gym, room & valet services. Wine, Dine & Shop stepsaway, or venture out using the direct access to the PATH below and TTC at your front door!Heating/AC, High speed internet and Hydro included! (over $150 value).

    ExtrasAll existing appliances(Bar Fridge, 2 Burner Stove, Built-In Dishwasher & Microwave, Washer &Dryer), Electrical Light Fixtures & Existing Window Coverings. Premium Mattress, No Carpet!Strict 24Hrs Notice (NO CALLS FOR EXCEPTIONS)!

    royal lepage signature realtyMLS® #C9813089

    Amenities

    Business Centre
    Security System
    Sauna
    Party Room
    Rec Room
    Concierge

    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
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    One King West Hotel & Residence vs The City Center - Toronto Area

    Building Trends At One King West Hotel & Residence

    Days on Strata

    Units at One King West Hotel & Residence spend an average of
    45
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 9 condos in the City Center - Toronto area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    25
    Units were Rented over the past twelve months

    Best Value Rank

    One King West Hotel & Residence offers the
    ?
    best value out of 9 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    One King West Hotel & Residence has the
    ?
    highest ROI out of 9 condos in the City Center - Toronto neighbourhood

    Rental Yield

    One King West Hotel & Residence yields the
    ?
    highest rent prices out of 9 condos in the City Center - Toronto neighbourhood

    High Demand

    One King West Hotel & Residence is the
    ?
    most popular building out of 9 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 1 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$355,000 - $408,500$509,600 - $525,000$420,000 - $669,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$901$1,073$870No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability28 Days61 Days152 DaysNo Data701 DaysNo DataNo Data
    Ratio of Units in Building63%29%6%2%1%1%2%

    Transactions vs Inventory

    Total number of units listed and leased in City Center - Toronto