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    Toronto / Downtown / St. Lawrence

    318 - 318 King St E

    For SaleThe King East
    $580,000
    Price Cut: $595,000
    1 Bed
    1 Bath
    0 Parking
    650 SQFT
    65 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $511/mth
    Taxes:
    $2,590 (2024)
    Cost Per Sqft:
    $892/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    September 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Open Concept, Combined with Dining, Hardwood Floor
    12.01 x 18.01ft
    Dining
    Walkout To Balcony, Combined with Living, Hardwood Floor
    12.01 x 18.01ft
    Kitchen
    Modern Kitchen, Stainless Steel Appliances, Stone Counter
    12.01 x 18.01ft

    About this Listing

    Welcome to this corner unit, south-facing boutique condo ideally located just steps from the Distillery District, St. Lawrence Market, and waterfront. This 650 sqft space is bathed in natural light from floor-to-ceiling windows, enhancing its airy ambiance. Features include a spacious master bedroom, stainless steel appliances, gas stove, built-in microwave, fridge, and dishwasher accented by a stylish backsplash. Enjoy 9-foot ceilings, a gas hook-up on a extra large private balcony spanning 125 sqft, perfect for outdoor relaxation or dining. Ample storage and elegant pre-engineered floors throughout add to the condo's appeal. The foyer doubles as an office or sitting area, maximizing living space efficiency. Located across the street from a future Ontario Line station, commuting will be effortless. TTC access at your doorstep further enhances convenience. This condo is also within walking distance to shopping, restaurants, schools, and more, making it an ideal urban retreat.

    ExtrasGas, water, heat/AC included in maintenance fees

    re/max realty specialists inc.MLS® #C9043353

    Amenities

    Rooftop Deck
    BBQ
    Bike Storage
    Security System
    Concierge
    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
    18
    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

    1%
    Increase in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    21
    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 - $565,000$725,000 - $777,000$824,000 - $1,065,000No Data
    Avg. Cost Per Sqft$1,123$1,062$1,030$1,008No Data
    Avg. Wait for Unit Availability568 Days55 Days45 Days125 Days492 Days
    Ratio of Units in Building7%41%38%14%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence