$549,999
For sale: Apartment

Quiet, private, and tucked at the end of the hall, this one-bedroom end unit resides in the King Edward Private Residences, the residential wing of Toronto's landmark hotel. Nearly 10-ft ceilings and hardwood flooring throughout. The kitchen pairs integrated appliances with refinished cabinetry, and the bathroom includes a soaker tub for slow mornings. The entire suite was freshly painted and fitted with custom window coverings, a brand-new washer/dryer, closet organizers, and an included storage locker. Under one historic roof: a spa with resident discounts, a restaurant, hair salon, flower shop, cafe/bakeshop, a 24/7 fitness centre (well above the usual condo gym), 24-hour concierge/security, and access to full hotel amenities including the Royal Club Lounge. The building is well-run with a healthy $2.2M reserve fund and a 45-year study period (vs. the standard 30). Outside, you're in the heart of the Financial District: steps from the St. Lawrence Market, King Street dining, and transit, with Union Station a short walk away. Polished and turnkey, in one of the city's most distinctive addresses.
Sold data
Apartment homes in Toronto (Church-Yonge Corridor) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Church-Yonge Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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