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    Toronto / Downtown / King West

    1806 - 224 King St W

    For SaleTheatre Park
    $480,000
    Studio
    1 Bath
    0 Parking
    331 SQFT
    51 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $293/mth
    Taxes:
    $1,838 (2024)
    Cost Per Sqft:
    $1,450/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Other
    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

    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.

    ExtrasHardwood floors, S/S appliances, gas cooktop, gas BBQ on balcony!

    keller williams advantage realtyMLS® #C9350622

    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Security System
    Gym Room
    BBQs Allowed

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Theatre Park vs The King West Area

    Building Trends At Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.1
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    40
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$470,000No DataNo DataNo DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,445No DataNo DataNo DataNo Data$1,182No Data
    Avg. Wait for Unit Availability187 Days95 Days122 Days41 Days774 Days140 Days286 Days
    Ratio of Units in Building13%18%19%41%1%8%3%

    Transactions vs Inventory

    Total number of units listed and sold in King West