$529,000
For sale: Apartment

The exquisite and highly coveted residences at One King West where historic elegance meets modern luxury. A beautifully restored 1914 Dominion Bank heritage building with a striking 51-storey tower. This one bedroom boasts approximately 600 sqft with soaring 12 ft ceilings. Unit 824 is part of Hotel Rental Pool with a 1.3 factor. Owner can occupy the unit themselves (with restrictions). A great buy for savvy investors. Most appealing for buyers who appreciate hotel-style living and services. Residents and guests benefit from a number of hotel-style conveniences, including: 24-hour concierge services, Rooftop fitness centre with panoramic views, Whirlpool and saunas, Valet parking, Direct access to Toronto's PATH network, Immediate access to King Subway Station, On-site dining and bar, Historic event spaces including the Grand Banking Hall and Vault. Don't miss this opportunity to own/live in one of Toronto's most iconic addresses.
Sold data
Apartment homes in Toronto (Bay Street Corridor) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 3,085 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $574,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 3,085 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bay Street 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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