$499,999 - 224 King Street Unit 3102, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13170128
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Welcome to elevated city living in the heart of King West. Set within Theatre Park, a signature Brad Lamb building, this stylish condo offers a front row seat to the energy of downtown while still feeling like your own private escape. With just six suites on the floor, residents enjoy a quiet, boutique feel. Step outside and you are moments from Toronto's best theatres, restaurants, and shopping. The space is defined by its modern, loft-inspired design, where 10-foot ceilings, exposed concrete, and clean lines create a bold urban backdrop, softened by thoughtful finishes throughout. The kitchen features a gas cooktop, high-end appliances, and sleek cabinetry, offering both style and effortless functionality. Though compact in size, the layout has been carefully considered to make exceptional use of every square inch. Floor to ceiling windows maximize natural light and frame a sweeping north facing skyline view from the 31st floor, delivering that unmistakable city living moment every day. And then there is the balcony, a true extension of your living space. Complete with a gas line and BBQ, it is perfect for summer dinners, morning coffee, or hosting friends against the glow of the city. Residents enjoy a truly elevated lifestyle with amenities that include a 6th floor fitness centre and lounge that opens onto an outdoor pool, and 24-hour concierge service, all within a well-managed, sophisticated building. This is not just a condo. It is a refined take on downtown living, right where it all happens. No Offer Date - Offers Anytime!
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
224 King Street Unit 3102, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.