$375,000
For sale: Apartment

Excellent Investment Opportunity at the Prestigious One King West Hotel & Residence, Ideally Located in the Heart of Toronto's Financial District! This Fully Furnished Studio Suite Features a Functional Open-Concept Layout, High Ceilings, Crown Moulding, and Views of Commerce Court. Buyers may explore personal use or participation in the hotel rental program, subject to condominium rules and applicable agreements. Enjoy Direct Indoor Access to the TTC Subway and PATH Network, Just Steps from the Financial District, Eaton Centre, Restaurants, Shopping, Entertainment, and the Waterfront. Residents Enjoy 24-Hour Hotel Services and Excellent Amenities. Maintenance Fees Include Heat, Hydro, Water, TV, and Internet. An Excellent Opportunity for Investors or Buyers Looking to Own a Suite in One of Toronto's Most Recognized Landmark Buildings. Property Being Sold Under Power of Sale.
Sold data
Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.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 $554,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 100 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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