Maintenance Fees
Cinema Tower vs The King West Area
$629,0001 bd1 ba0 pk625 sqft
For Sale
1 Day on Strata
$629,000
1 Bed + 1
1 Bath
0 Parking
625 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$567/mth
Taxes:
$3,061 (2024)
Cost Per Sqft:
$1,006/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South West
Possession Date:
Immediately
Amenities
Security System
Indoor Parking
Party Room
Indoor Pool
BBQs Allowed
Concierge
Games Room
Rooftop Deck
Gym
Media Room
Guest Suites
Visitor Parking
About this Listing
Welcome to Cinema Tower, an iconic residence in the heart of Torontos Entertainment District. This bright and spacious 1+1 bedroom suite on the 32nd floor features 740sf (634sf interior+106sf balcony) of living space, floor-to-ceiling windows, hardwood floors throughout, 9-ft ceilings, a private balcony with bright & stunning South-West facing city views, and a gourmet kitchen with built-in Miele appliances and quartz countertops. The versatile den is perfect for a home office or guest space. Enjoy world-class amenities including a full-sized basketball court, state-of-the-art fitness centre, steam room, sauna, private theatre, rooftop terrace with BBQs, party room, 24-hr concierge, and guest suites. Steps to TIFF Bell Lightbox, TTC, PATH, Financial District, fine dining, shops, CN Tower, Rogers Centre and morethis is downtown living at its best. 1 Locker in included!
ExtrasFridge, Cooktop, Stove, Oven, Dishwasher, Washer & Dryer, All Existing Light Fixtures, All Existing Window Coverings
bay street group inc.MLS® #C12105951
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, hardwood floor, Walkout To Balcony
15.22 x 10.5ft
Dining
Combined with Living, hardwood floor, Open Concept
15.22 x 10.5ft
Kitchen
Centre Island, hardwood floor, Built-in Appliances
15.22 x 10.5ft
Primary
Double Closet, hardwood floor, Large Window
12.01 x 9.51ft
Den
Separate Room, hardwood floor
8.92 x 7.15ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
Transit
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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
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 Cinema Tower
Days on Strata
Units at Cinema Tower spend an average of
28
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 an
AVERAGEchance 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 againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
22nd
Highest price per SQFT out of 112 condos in the King West area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
67
Units were Rented over the past twelve months
Best Value Rank
Cinema Tower offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Cinema Tower has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Cinema Tower yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Cinema Tower is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Cinema Tower
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $475,000 | $542,000 - $650,000 | $642,000 - $775,000 | $848,000 | No Data | $1,400,000 |
| Avg. Cost Per Sqft | $1,157 | $1,023 | $1,095 | $1,019 | No Data | $999 |
| Price Range | $2,050 - $2,350 | $2,275 - $2,900 | $2,600 - $3,050 | $3,450 - $3,900 | No Data | $5,700 |
| Avg. Wait for Unit Availability | 145 Days | 24 Days | 32 Days | 98 Days | No Data | 1057 Days |
| Avg. Wait for Unit Availability | 49 Days | 11 Days | 16 Days | 25 Days | 1580 Days | 586 Days |
| Ratio of Units in Building | 8% | 44% | 32% | 17% | 1% | 1% |
Market Inventory
Total number of units listed and sold in King West
