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            #723 1 King Street West

            near King/Yonge
            $505,900 0+0bdr • 1ba • 1kit • 0-499sf
            Average Income
            $110,336
            Population Age
            40 y/old
            School Score
            6.00/10
            Price Index Change 1y
            +1.33%
            Price Index Change 3y
            +35.38%
            Rent Index Change 1y
            +1.26%
            Rent Index Change 3y
            +21.70%

            Condo Apt • Apartment #723 • 7 Level

            #723 1 King Street West, Bay Street Corridor, Toronto
            • Rooms and Bathrooms 0+0 bedr, 1 bath
            • Kitchens 1
            • area 0-499
            • garage 0.0 None
            • exposure W
            • age 11-15
            • locker None
            • possession

              n/a

            $505,900

            $3,270.00
            Tax yr: 2019

            $605.53/m

            CALCULATED NUMBERS:

            $1898.00

            calculator

            $1950

            3

            100 Walker's Paradise

            100 Rider's Paradise

            75 Very Bikeable

            6.00/10

            Property Location Details
            • Toronto

            • Toronto

            • Bay Street Corridor

            • King/Yonge

            • M5H1A1

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

            SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

            Property Overview
            Located In A Luxurious One King W Building. Hassle Free Investment Or Great First Time Home Buyers Opportunity. Currently Registered In The Hotel Rental Pool, Factor 1.1. Fully Furnished Unit With Heat, Hydro, Cable And High Speed Internet All Included In The Condo Fees. Luxury 24 Hrs Hotel Services, Room & House Keeping Services Are Available; All Of This, In The Heart Of The Financial District, Direct Access To Ttc, The Path, Shopping, Bars & Restaurants.
            Extras: All Existing Chattels, Fixtures & Appliances. Condo Fees Includes All Utilities: Heat, Hydro, Air Condition, Cable Tv & Internet. Financials Available Upon Request. Factor Is 1.1
            Rooms details
            Kitchen
            • Flat Level
            • Open Concept
            • B/I Appliances
            Living
            • Flat Level
            • Open Concept
            Br
            • Flat Level
            • Open Concept
            Basement
            • None
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            • Listing added to site: 2020-03-19 00:09:06
            • Last updated: 2020-04-10 10:06:55
            • Photos updated: 2020-03-18
            • Contract date: 2020-03-18
            • Input date: 2020-03-18
            • Expiry date: 2020-06-30
            • 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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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            723 1 King Street West is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near King/Yonge, and has been available for sale on ITRealty since 2020-03-19. This unit is located at level 7 of the building and has West exposure of King W St. Condo registry office is TSCC, corporation number 1703.

            Lot Size and Living Area:

            723 1 King Street West has 1+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. 1 King Street West building was built appriximately 11-15 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: Income Potential.

            Price & Cost Overview

            General:

            723 1 King Street West condo apt is listed for $505,900. Property tax for year 2019 was $3,270. And the monthly maintenance fee was $606.

            Comparative Market Analysis:

            There are similar 0+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $486,257.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,898, and total expenses, including the mortgage, property tax and maintenance, fee around $2,221, assuming $505,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 723 1 King Street West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Location Overview

            General:

            Bay Street Corridor, where 1 King Street West is located, has $866,277 Home Price Index, and $2,810 Home Rent Index. Average household income at dissemination area of 1 King Street West is $110,336, and average polulation age is 40 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $990,830, and average Home Rent Index $2,649.

            Similar Properties & Community Details:

            There are similar to 723 1 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 1 King Street West.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Street Corridor neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 1 King Street West, or schools, which boundaries this address belongs to with an average School Score 6.00 out of 10. Here are more details about these schools:
            1. Market Lane Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
            2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
            ** 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 100, 100, and 75 accordingly, location of 1 King Street West overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

            723 1 King Street West Listings History Powered By AIDA
            Bay Street Corridor, 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 Balanced market. Existing inventory is enough for 4-6 months sales supply (127 days).
            Sellers are often ready to negotiate the price, but it is harder to sell your property.
            Sell first, buy next is a possible strategy, unless you find a home of your dreams first.
            How often similar homes sell?
            You may expect 9 to 11 properties like that to be sold in Bay Street Corridor during the next 30 days.
            Seasonal sales fluctuation is showing -38% inventory decline comparing to the average annual number, which is equvalent to 15.5 properties sold per month, and -6% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 68 days, which is 502% longer than it takes a similar home in Bay Street Corridor to sell, which is more than as twice as long as it takes a similar home in Bay Street Corridor to sell.
            Seasonal sales fluctuation is showing -32% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -6% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 4.52% above its asking price in Bay Street Corridor.
            The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Bay Street Corridor.
            Considering the fact that this property has already been on the market for 68 days, which is -502% longer than average number of days it takes a home to sell in Bay Street Corridor (11.3), this property may not sell above the asking price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4725632 Comparative Market Analysis
            723 1 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 Bay Street Corridor, 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 +1.33% comparig to the City of Toronto average of +5.085%

            Price Index 3y

            Price Index change was +35.38% comparig to the City of Toronto average of +5.235%

            Rent Index 1y

            Rent Index change was +1.26% comparig to the City of Toronto average of +6.08%

            Rent Index 3y

            Rent Index change was +35.38% comparig to the City of Toronto average of +5.235%

            Walkscore

            Walkscore 100 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 6.00 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
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            Mortgage & Financing Details

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            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            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

            New
            $499,900
            2br 2ba 1000-1199sf

            Prop Tax

            $1,907

            Condo Fee

            $786

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            20

            Compare n/a

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            New
            $589,000
            1+1br 1ba 500-599sf

            Prop Tax

            $n/a

            Condo Fee

            $330

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            94

            Compare$555,000

            Please Login for the Map View

            New
            $468,900
            3br 2ba 1000-1199sf

            Prop Tax

            $753

            Condo Fee

            $935

            Exposure

            Nw

            Mortg/m

            $ calculator

            WalkScore

            12

            Compare n/a

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            New
            $549,800
            1+1br 2ba 700-799sf

            Prop Tax

            $n/a

            Condo Fee

            $n/a

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            65

            Compare n/a

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            New
            $535,000
            1br 1ba 500-599sf

            Prop Tax

            $2,067

            Condo Fee

            $448

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            97

            Compare$546,366

            Please Login for the Map View

            New
            $550,000
            2br 2ba 1000-1199sf

            Prop Tax

            $1,998

            Condo Fee

            $814

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            72

            Compare$565,560

            Please Login for the Map View

            New
            $600,000
            1br 1ba 600-699sf

            Prop Tax

            $n/a

            Condo Fee

            $n/a

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            83

            Compare n/a

            Please Login for the Map View

            New
            $575,000
            1br 1ba 500-599sf

            Prop Tax

            $2,105

            Condo Fee

            $519

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            86

            Compare$657,346

            Please Login for the Map View

            New
            $529,000
            3br 2ba 1200-1399sf

            Prop Tax

            $1,515

            Condo Fee

            $690

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            56

            Compare n/a

            Please Login for the Map View

            New
            $465,000
            3br 2ba 1000-1199sf

            Prop Tax

            $491

            Condo Fee

            $736

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            44

            Compare n/a

            Please Login for the Map View

            New
            $509,000
            1+1br 1ba 600-699sf

            Prop Tax

            $1,581

            Condo Fee

            $533

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            76

            Compare$502,801

            Please Login for the Map View

            New
            $599,888
            2+1br 2ba 1000-1199sf

            Prop Tax

            $2,746

            Condo Fee

            $723

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            91

            Compare$602,800

            Please Login for the Map View

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