Maintenance Fees
The King East vs The St. Lawrence Area
318 - 318 King St E
$549,9001 bd1 ba0 pk650 sqft
For SaleThe King East
5 Days on Strata
$549,900
1 Bed
1 Bath
0 Parking
650 SQFT
Listing History
Unit Highlights
Ownership Type:
Condominium
Property Type:
Soft Loft
Maintenance Fees:
$531/mth
Taxes:
$2,590 (2024)
Cost Per Sqft:
$846/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
60 days
Amenities
BBQs Allowed
Guest Suites
Security System
Concierge
Party Room
Rooftop Deck
Bike Storage
Visitor Parking
About this Listing
Welcome to this bright and stylish south-facing corner unit in a boutique condo, just steps from the Distillery District, St. Lawrence Market, and the waterfront. Spanning 650 sqft, this thoughtfully designed space is filled with natural light from floor-to-ceiling windows, creating an open and airy ambiance. The spacious master bedroom is complemented by a modern kitchen featuring stainless steel appliances including a gas stove, built-in microwave, fridge, and dishwasher accented by a sleek backsplash. Soaring 9-foot ceilings enhance the sense of space, while an extra-large 125sqft private balcony with a gas hookup offers the perfect setting for outdoor dining or relaxation. Ample storage and elegant pre-engineered flooring add to the condo's charm. The versatile foyer doubles as an office or sitting area, optimizing functionality. Situated across from a future Ontario Line station, commuting will be effortless, with TTC access right at your doorstep. With shopping, restaurants, schools, and more within walking distance, this condo is the perfect urban retreat.
ExtrasStainless Steel Appliances: Gas Stove, B/I Microwave, Fridge, Dishwasher, All Electrical Fixtures
re/max realty specialists inc.MLS® #C12058218
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
Open Concept, Combined with Dining, hardwood floor
12.01 x 18.01ft
Dining
Walkout To Balcony, Combined with Living, hardwood floor
12.01 x 18.01ft
Kitchen
Modern Kitchen, Stainless Steel Appliances, Stone Counter
12.01 x 18.01ft
Primary
Sliding Doors, Closet, hardwood floor
12.01 x 8.01ft
Foyer
Closet, hardwood floor
0 x 0ft
Bathroom
4 Piece Bath
0 x 0ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
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7/10
Bikeability
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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
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
Household Income
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%
Building Trends At The King East
Days on Strata
Units at The King East spend an average of
34
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 a
LOWchance of receiving
Multiple Offers
compared to other buildings in St. Lawrence
Turnover of Units
On average, each unit is owned for
6.5
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
16th
Highest price per SQFT out of 71 condos in the St. Lawrence area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
24
Units were Rented over the past twelve months
Best Value Rank
The King East offers the best value out of 71 condos in the St. Lawrence neighbourhood
?
Appreciation Rank
The King East has the highest ROI out of 71 condos in the St. Lawrence neighbourhood
?
Rental Yield
The King East yields the highest rent prices out of 71 condos in the St. Lawrence neighbourhood
?
High Demand
The King East is the most popular building out of 71 condos in the St. Lawrence neighbourhood
?
Market Insights
Transaction Insights at The King East
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $385,000 | $435,000 - $500,000 | $726,000 - $777,000 | $824,000 - $1,065,000 | No Data |
| Avg. Cost Per Sqft | $1,130 | $1,045 | $1,029 | $993 | No Data |
| Price Range | $1,675 - $1,990 | $2,000 - $2,800 | $2,600 - $3,300 | $3,400 - $3,750 | No Data |
| Avg. Wait for Unit Availability | 759 Days | 56 Days | 51 Days | 120 Days | 492 Days |
| Avg. Wait for Unit Availability | 211 Days | 28 Days | 53 Days | 136 Days | No Data |
| Ratio of Units in Building | 7% | 42% | 38% | 14% | 1% |
Market Inventory
Total number of units listed and sold in St. Lawrence
