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    Toronto / Downtown / St. Lawrence

    702 - 7 King St E

    For RentThe Metropole Condos
    $1,990/mth
    Price Cut: $2,050
    Studio
    1 Bath
    0 Parking
    366 SQFT
    22 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    Short Term
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate
    19.69 x 12.14ft
    Dining
    Laminate
    19.69 x 12.14ft
    Kitchen
    Marble Floor
    19.69 x 12.14ft

    About this Listing

    Spacious Bachelor In Downtown Toronto, Yonge And King, Financial District. Unbeatable Location!! Steps To King Subway Station. Walk To All Amenities, Entertainment District, Universities/Colleges, Eaton Centre, St Lawrence Market, St Michael Hospital, Etc. Quiet Residential And Luxurious Building With 24 Hours Concierge, Indoor Pool, Gym, Party Room, Terrace, Etc. Soaring 9.5 Ft Ceiling. Wood Laminate Flooring. **All Utilities Are Included** Shorter term minimum 6 months are acceptable

    homelife/vision realty inc.MLS® #C9397002

    Amenities

    Concierge
    Party Room
    Rec Room
    Rooftop Deck
    Security System
    Sauna

    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!

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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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    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%

    Price Trends

    Maintenance Fees

    The Metropole Condos vs The St. Lawrence Area

    Building Trends At The Metropole Condos

    Days on Strata

    Units at The Metropole Condos spend an average of
    21
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    The Metropole Condos offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The Metropole Condos has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    The Metropole Condos yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    The Metropole Condos is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 7 King Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$460,000$655,000$670,000No Data$950,000No DataNo Data
    Avg. Cost Per Sqft$1,277$968$965No Data$738No DataNo Data
    Avg. Wait for Unit Availability333 Days250 Days174 Days101 Days232 Days78 DaysNo Data
    Ratio of Units in Building15%16%24%32%11%2%1%

    Transactions vs Inventory

    Total number of units listed and leased in St. Lawrence