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              #1106 224 King Street West

              near King St & Lower Simcoe St
              $439,000 0+0bdr • 1ba • 1kit • 0-499sf
              Average Income
              $77,568
              Population Age
              33 y/old
              School Score
              7.00/10
              Price Index Change 1y
              +5.74%
              Price Index Change 3y
              +28.50%
              Rent Index Change 1y
              -10.06%
              Rent Index Change 3y
              +1.76%

              Condo Apt • Apartment #1106 • 11 Level

              #1106 224 King Street West, Waterfront Communities C1, Toronto
              • Rooms and Bathrooms 0+0 bedr, 1 bath
              • Kitchens 1
              • area 0-499
              • garage 0.0 None
              • exposure S
              • age 0-5
              • locker None
              • possession

                Flexible

              $439,000

              $1,571.22
              Tax yr: 2020

              $238.15/m

              CALCULATED NUMBERS:

              $1647.00

              calculator

              $1702

              4

              98 Walker's Paradise

              100 Rider's Paradise

              94 Biker's Paradise

              7.00/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C1

              • King St & Lower Simcoe St

              • M5V1H8

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX METROPOLIS REALTY, BROKERAGE

              Property Overview
              Open Concept Studio Unit In The Prestigious Theatre Park Condo In The Heart Of Toronto's Entertainment & Financial District With Unobstructed Views Over Looking Roy Thompson Hall! Modern Scavolini Kitchen W Gas Cooktop, 9Ft Exposed Concrete Ceilings, Hardwood Floors, Floor To Ceiling Windows, Gas Line On Large Balcony, & Stainless Steel Appliances. Luxurious Rooftop Pool And Lounge, Fitness Center, Party Room, And 24 Hour Concierge.
              Extras: Steps To St. Andrews Station, Union Station, The P.A.T.H, Restaurants/Bars,& Much More! S/S Fridge, Built-In S/S Appliances (Oven, Gas Cook Top, Dishwasher), Microwave Vent, Gas Bbq On Balcony W/ Gas Line, Artificial Turf Balcony Surface!
              Video tour available. Click to watch.
              Property Features
              • Bbqs Allowed
              • Bus Ctr (Wifi Bldg)
              • Concierge
              • Games Room
              • Gym
              • Media Room
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Parking Included
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Hardwood Floor
              • W/O To Balcony
              • Large Window
              • Size 5.10x3.47
              Dining
              • Flat Level
              • Combined W/Kitchen
              • Cedar Closet
              • Size 5.10x3.47
              Kitchen
              • Flat Level
              • Modern Kitchen
              • Stainless Steel Appl
              • B/I Appliances
              • Size 5.10x3.47
              Other
              • Flat Level
              • Balcony
              • Size 4.87x1.83
              Basement
              • None
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              • Listing added to site: 2020-11-21 14:02:21
              • Last updated: 2020-11-22 00:15:52
              • Photos updated: 2020-11-21
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              1106 224 King Street West is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near King St & Lower Simcoe St, and has been available for sale on CondosDirect since 2020-11-21. This unit is located at level 11 of the building and has South exposure of King W St. Condo registry office is TSCC, corporation number 2489.

              Lot Size and Living Area:

              1106 224 King Street West has 3+0 rooms in total, including 0+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 0-499 square feet. 224 King Street West building was built appriximately 0-5 years ago. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also identified the following listing features: Open Concept.

              Price & Cost Overview

              General:

              1106 224 King Street West condo apt is listed for $439,000. Property tax for year 2020 was $1,571. And the monthly maintenance fee was $238.

              Comparative Market Analysis:

              There are similar 0+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $419,599.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,647, and total expenses, including the mortgage, property tax and maintenance, fee around $1,798, assuming $439,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1106 224 King Street West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C1, where 224 King Street West is located, has $785,196 Home Price Index, and $2,377 Home Rent Index. Average household income at dissemination area of 224 King Street West is $77,568, and average polulation age is 33 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,815, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 1106 224 King Street West 0 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 224 King Street West.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 224 King Street West, or schools, which boundaries this address belongs to with an average School Score 7.00 out of 10. Here are more details about these schools:
              1. Ogden Junior Public School (Grades JK–06), Public, Elementary, ranked as Good.
              2. Harbord Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 98, 100, and 94 accordingly, location of 224 King Street West overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              1106 224 King Street West Listings History Powered by AIDA
              Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 22 to 27 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
              Seasonal sales fluctuation is showing 38% inventory increase comparing to the average annual number, which is equvalent to 17.83 properties sold per month, and 12% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 14 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 39% D.O.M. increase comparing to the average annual number, which is equvalent to 13 D.O.M., and 19% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 2.93% above its asking price in Waterfront Communities C1.
              The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in Waterfront Communities C1.
              This property has been on the market for less than average number of days it takes a home to sell in Waterfront Communities C1 (19.2) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4996540 Comparative Market Analysis
              1106 224 King Street West Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +5.74% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +28.50% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was -10.06% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +28.50% comparig to the City of Toronto average of +5.525%

              Walkscore

              Walkscore 98 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.00 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $7,500 Cashback
              $499,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,901

              Condo Fee

              $395

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              88

              Compare$555,583

              New
              $399,000
              2br 1ba 700-799sf

              Prop Tax

              $1,631

              Condo Fee

              $629

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              56

              Compare n/a

              $6,900 Cashback
              $459,900
              3br 2ba 900-999sf

              Prop Tax

              $460

              Condo Fee

              $710

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              44

              Compare$420,000

              $6,100 Cashback
              $405,000
              1br 1ba 0-499sf

              Prop Tax

              $124

              Condo Fee

              $220

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $7,200 Cashback
              $479,900
              2br 1ba 800-899sf

              Prop Tax

              $1,667

              Condo Fee

              $664

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              60

              Compare$393,080

              $7,500 Cashback
              $500,000
              2br 2ba 900-999sf

              Prop Tax

              $1,661

              Condo Fee

              $782

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              49

              Compare$496,380

              $7,300 Cashback
              $489,000
              1br 1ba 500-599sf

              Prop Tax

              $2,249

              Condo Fee

              $611

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              99

              Compare$480,366

              New
              $399,000
              0+1br 1ba 0-499sf

              Prop Tax

              $2,046

              Condo Fee

              $549

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$408,780

              $7,700 Cashback
              $514,900
              2br 2ba 700-799sf

              Prop Tax

              $1,901

              Condo Fee

              $431

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$520,589

              $7,500 Cashback
              $499,999
              1br 1ba 700-799sf

              Prop Tax

              $1,757

              Condo Fee

              $607

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              59

              Compare$426,117

              $7,300 Cashback
              $489,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $1,245

              Condo Fee

              $928

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              66

              Compare n/a

              $6,100 Cashback
              $405,000
              2br 2ba 1000-1199sf

              Prop Tax

              $767

              Condo Fee

              $609

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              53

              Compare$398,531