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            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

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            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.

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            Comparative Market Analysis for MLS# C4915903

            $1,650
            0br 1ba 0-499sf

            Water

            Y

            Heating

            Y

            Hydro

            Y

            Parking

            N

            Laundry

            Ensuite

            WalkScore

            98

            TransitScore

            100

            Compare$1,650

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            RE/MAX CONDOS PLUS CORPORATION, BROKERAGE

            Learn more about this property:
            MLS# C4915903 Listing Details
            Among all comparable properties rented in condo located at 1 King St W in Bay Street Corridor in Toronto from Jan 2017 to Sep 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,525

            Maximum Rent Adjusted was:

            $1,832

            AIDA's ESTIMATE (based on 24 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($1,650) equal to the Appraised Value

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 24 comparable properties rented out in condo located at 1 King St W in Bay Street Corridor in Toronto from Jan 2017 to Sep 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2017-05-09***9181 King St WS0-4990+0 • 10.0$1,7500.74%***
            2017-08-19***30051 King St WE0-4990+0 • 10.0$1,800-3.79%***
            2017-10-20***42051 King St WE0-4990+0 • 10.0$1,850-8.25%***
            2017-12-31***9181 King St WE0-4990+0 • 10.0$1,830-15.64%***
            2018-02-26***24111 King St WSw0-4990+0 • 10.0$1,800-7.2%***
            2018-04-04***27111 King St WS0-4990+0 • 10.0$1,800-7.2%***
            2018-04-13***35021 King St WNw0-4990+1 • 10.0$1,850-7.2%***
            2018-08-02***21021 King St WNw0-4990+1 • 10.0$1,899-14.8%***
            2018-08-08***30051 King St WE0-4990+0 • 10.0$1,900-14.8%***
            2018-11-08***26021 King St WNw0-4990+0 • 10.0$1,900-19.12%***
            2018-11-27***24081 King St WSe0-4990+0 • 10.0$1,900-19.12%***
            2019-01-10***40051 King St WSe0-4990+0 • 10.0$2,000-12.97%***
            2019-01-11***26021 King St WNw0-4990+0 • 10.0$1,900-12.97%***
            2019-04-24***27111 King Street WestS0-4990+0 • 10.0$1,800-13.02%***
            2019-04-29***24111 King Street WestSw0-4990+0 • 10.0$1,850-13.02%***
            2019-04-29***26021 King Street WestNw0-4990+0 • 10.0$1,895-13.02%***
            2019-06-06***37081 King Street WestSe0-4990+0 • 10.0$1,900-14.21%***
            2019-07-12***10041 King Street WestN0-4990+0 • 10.0$2,025-15.9%***
            2019-08-01***27051 King Street WestE0-4990+0 • 10.0$2,200-16.72%***
            2019-08-14***30051 King Street WestE0-4990+0 • 10.0$1,950-16.72%***
            2019-08-28***35021 King StreetNw0-4990+1 • 10.0$2,100-16.72%***
            2019-11-02***37061 King Street WestE0-4990+0 • 10.0$2,000-19.08%***
            2020-04-28***29051 King Street WestSe0-4990+0 • 10.0$1,700-10.28%***
            2020-05-22***40051 King Street WestSe0-4990+0 • 10.0$1,750-9.02%***

            Bay Street Corridor, Toronto Sales History More

            Bay Street Corridor, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Bay Street Corridor, Toronto: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            2602 1 King St W is a condo apt bachelor/studio, located in Bay Street Corridor of city of Toronto, Toronto region, near Yonge/King, and has been available for lease on ITRealty since 2020-09-17. This unit is located at level 26 of the building and has North-West exposure of King W St. Condo registry office is TSCC, corporation number 1703.

            Lot Size and Living Area:

            2602 1 King St W 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 St W building was built appriximately 11-15 years ago. ensuite laundry is located on main level.

            Heating and Cooling:

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

            Listing Features:

            This condo is featuring Public Trans, Rec Centre at, or near the property.

            Price & Cost Overview

            General:

            2602 1 King St W condo apt is listed for $1,650.

            Comparative Market Analysis:

            There are similar 0+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,650.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Bay Street Corridor, where 1 King St W is located, has $881,068 Home Price Index, and $2,534 Home Rent Index. Average household income at dissemination area of 1 King St W is $110,336, and average polulation age is 40 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,041,175, and average Home Rent Index $2,586.

            Similar Properties & Community Details:

            There are similar to 2602 1 King St W 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 St W.
            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.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 98, 100, and 90 accordingly, location of 1 King St W overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            2602 1 King St W 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 Sellers market. Existing inventory is less than enough for 4 months sales supply (97 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 get rented?
            You may expect 110 to 134 properties like that to be sold in Bay Street Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 155% inventory increase comparing to the average annual number, which is equvalent to 47.75 properties sold per month, and 56% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 13 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 9% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 5% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 1.19% below 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.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4915903 Comparative Market Analysis

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