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    Toronto / Downtown / St. Lawrence

    716 - 318 King St E

    For SaleThe King East
    $989,000
    2 Beds
    2 Bath
    1 Parking
    1,031 SQFT
    3 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $861/mth
    Taxes:
    $4,449 (2024)
    Cost Per Sqft:
    $959/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    60 days/TBA
    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
    Other
    Heating
    Heat Pump

    Room Dimensions

    Foyer
    Hardwood Floor, Double Closet
    14.99 x 5.02ft
    Living
    Combined with Dining, Hardwood Floor, Walkout To Balcony
    18.64 x 10.43ft
    Dining
    Combined with Living, Hardwood Floor, West View
    11.16 x 10.43ft

    About this Listing

    Stylish loft-inspired southwest corner apartment in a quiet St Lawrence Market mid-rise building showcasing an urban skyline view. Approximately 1031 sf & 188 sf balcony. Featuring a grand living space ideal for entertaining, hardwood floors throughout, open concept kitchen showcasing stainless steel appliances, quartz countertop, gas range, centre island, 2 modern baths & a walkout to a large balcony showcasing a BBQ gas line, skyline views, great sunsets & captivating skyline nightscapes.1 parking & 1 locker included. The building features 24hr concierge, party room, communal terrace, visitor parking & BBQ are permitted.

    ExtrasMinutes to the St Lawrence Market, Corktown, Distillery District, Toronto's Waterfront & Don River Trails. Rapidly changing lower east side providing access to future East Harbour, Parliament Slip, Villiers Island & Corktown Subway Station.

    pope real estate limitedMLS® #C9354879

    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!

    Similar Listings

    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