Maintenance Fees
The Summit II Condos vs The King West Area
$469,999Studio1 ba0 pk538 sqft
For SaleThe Summit II Condos
53 Days on Strata
$469,999
Studio
1 Bath
0 Parking
538 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$468/mth
Taxes:
$1,892 (2024)
Cost Per Sqft:
$874/sqft
Outdoor Space:
None
Locker:
None
Exposure:
North West
Possession Date:
60+
Amenities
Squash Court
BBQs Allowed
Security System
Gym
Games Room
Rooftop Deck
Party Room
Concierge
Media Room
Indoor Parking
Sauna
Indoor Pool
Visitor Parking
Rec Room
Outdoor Pool
About this Listing
Welcome to your new home! This spacious bachelor condo, spanning 538 square feet, is thoughtfully designed for modern living. Step into a beautifully updated 4-piece bathroom and a sleek, contemporary kitchen equipped with stainless steel appliances, perfect for culinary adventures. The condo offers ample in-suite storage, making organization effortless. Enjoy a cozy evening by the wood-burning fireplace in the generous living area, illuminated by floor-to-ceiling windows that flood the space with natural light. A separate sleeping area adds privacy and comfort to this open layout. Plus, indulge in resort-style amenities that elevate your lifestyle. This condo isn't just a place to live it's a place to thrive. **EXTRAS** Lots Of Amenities, Indoor/Outdoor Pool, Sauna, Gym, Squash Courts, Library And 2 Movie Theaters, Lots Of Storage, W/I Closet, Custom Den Area, Wood-Burning Fireplace W/Doors, Neutral Decor, Floor To Ceiling Windows.
ExtrasStainless Steel Fridge, Stove, B/I Dishwasher, Hardwood Floors, All Light Fixtures & Blinds (not belonging to tenant) Included, Wood-Burning Fireplace, Laundry Facilities On Every Floor, 24/7 Concierge. (Bulk Internet Included In Maintenance Fee)
core assets real estateMLS® #C11987680
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Other
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Kitchen
Ceramic Floor, Breakfast Bar, Stainless Steel Appliances
25.49 x 27.76ft
Living
Fireplace, hardwood floor, Open Concept
58.76 x 48.2ft
Solarium
hardwood floor, Picture Window
32.71 x 22.61ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
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6/10
Bikeability
The bike lane starts to feel like a second home.
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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
Household Income
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%
Building Trends At The Summit II Condos
Days on Strata
Units at The Summit II Condos spend an average of
40
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
11.6
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
72nd
Highest price per SQFT out of 112 condos in the King West area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
19
Units were Rented over the past twelve months
Best Value Rank
The Summit II Condos offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
The Summit II Condos has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
The Summit II Condos yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
The Summit II Condos is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at The Summit II Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $405,000 - $430,000 | No Data | $550,000 - $635,000 | $790,000 | $750,000 |
| Avg. Cost Per Sqft | $972 | No Data | $795 | $641 | $879 |
| Price Range | $1,850 - $2,200 | No Data | $2,350 - $2,850 | No Data | $3,600 - $4,200 |
| Avg. Wait for Unit Availability | 127 Days | 214 Days | 47 Days | 515 Days | 183 Days |
| Avg. Wait for Unit Availability | 73 Days | 344 Days | 56 Days | 690 Days | 152 Days |
| Ratio of Units in Building | 25% | 13% | 47% | 5% | 12% |
Market Inventory
Total number of units listed and sold in King West
