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    Toronto / Downtown / King West

    1504 - 224 King St W

    For SaleTheatre Park
    $1,299,000
    2 Beds
    2 Bath
    1 Parking
    985 SQFT
    74 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $953/mth
    Taxes:
    $5,079 (2024)
    Cost Per Sqft:
    $1,319/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    August 6, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Balcony, Combined with Dining
    15.85 x 14.08ft
    Dining
    Hardwood Floor, Open Concept, Se View
    15.85 x 14.08ft
    Kitchen
    Hardwood Floor, Breakfast Area, Stainless Steel Appliances
    15.85 x 14.08ft

    About this Listing

    Welcome to Theatre Park, located in the heart of the entertainment district. Enjoy stunning southeast city views adjacent to Roy Thompson Hall and David Pecaut Square, beside the Royal Alexandra Theatre, and along a row of venues including the Princess of Wales Theatre and the TIFF Bell Lightbox. The modern finishes include exposed concrete walls, engineered hardwood flooring, wall to wall closets, floor-to-ceiling windows, stainless steel appliances including a rare gas stove, and a barbecue on the balcony. Exceptional Amenities: outdoor pool, gym, party room, and 24-hour concierge. Steps away from the PATH, St. Andrew Station, and more

    ExtrasStainless Steel Blomberg Fridge, Fulgor Gas Stove & Oven , Whirlpool Microwave Rangehood ; LG Dishwasher, Samsung Washer And Dryer. All Existing Lighting Fixtures. All Window coverings. 1 Parking Spot & 1 Locker.

    living realty inc.MLS® #C9016313

    Amenities

    Rooftop Deck
    BBQ
    Outdoor Pool
    Security System
    Gym 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!

    Similar Listings

    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
    40
    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

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 103 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 103 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 103 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 103 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 103 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 Data$732,500No DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,362No Data$1,219No DataNo Data$1,218No Data
    Avg. Wait for Unit Availability187 Days95 Days122 Days41 Days274 Days154 Days286 Days
    Ratio of Units in Building13%18%19%41%2%7%3%

    Transactions vs Inventory

    Total number of units listed and sold in King West