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    1806 - 224 King St W

    $480,000Studio1 ba0 pk331 sqft
    23 Days on Strata
    Est Sell Timeframe:
    9 Days
    $480,000
    Studio
    1 Bath
    0 Parking
    331 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $303/mth

    Taxes:

    $1,838 (2024)

    Cost Per Sqft:

    $1,450/sqft

    Outdoor Space:

    Balcony

    Locker:

    None

    Exposure:

    South

    Possession Date:

    To Be Determined

    Amenities

    Outdoor Pool
    BBQs Allowed
    Rooftop Deck
    Security System
    Gym Room
    Car Wash
    Party Room
    Concierge

    About this Listing

    Location, location, location! Don't miss out on the stunning views from the renowned and highly sought after Theatre Park condo, next door to the Royal Alexandra, across the street from Roy Thomson Hall, and just steps from the PATH and subway! This condo or pied--terre has everything you need in the heart of downtown, including sunny south views of David Pecaut Square and Metro Hall, the lake, and vibrant King Street West. Floor to ceiling, wall-to-wall windows and 9' ceilings with exposed concrete make this a bright, inviting space for you to call home. The large balcony includes a gas BBQ and gas outlet for year-round enjoyment. Take a dip in the outdoor pool and terrace, or head to the gym before hitting the theatres, concert halls, shops, restaurants and bars. Perfect for anyone who wants to be in the heart of it all.

    ExtrasSS fridge, SS oven, SS cooktop, SS microwave, SS dishwasher, stacked washer and dryer, all ELFs, gas BBQ.

    keller williams advantage realtyMLS® #C12018735

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Living

    hardwood floor, Walkout To Balcony, Combined with Dining

    16.08 x 10.99ft

    Dining

    hardwood floor, Combined with Living, Open Concept

    16.08 x 10.99ft

    Kitchen

    hardwood floor, Stainless Steel Appliances, Combined with Dining

    16.08 x 10.99ft

    Other

    Balcony, South View

    10.99 x 5.91ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    7/10
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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
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Theatre Park spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    54
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Theatre Park

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$465,800 - $470,000$570,000No DataNo DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,429$1,325No DataNo DataNo Data$1,142No Data
    Avg. Wait for Unit Availability186 Days103 Days127 Days42 DaysNo Data140 Days229 Days
    Ratio of Units in Building13%20%18%41%1%8%3%

    Market Inventory

    Total number of units listed and sold in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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