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    For SaleThe Residences at Kingsgate
    $629,000
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
    1 Day on Strata
    Est Sell Timeframe
    3 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,066/mth
    Taxes:
    $2,412 (2024)
    Cost Per Sqft:
    $629/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    September 24, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, O/Looks Dining, Large Window
    20.6 x 11.52ft
    Dining
    Combined with Living, Open Concept
    20.6 x 11.52ft
    Kitchen
    Quartz Counter, Stainless Steel Appliances, Picture Window
    9.61 x 7.61ft

    About this Listing

    Welcome to this stunning 2-bedroom, 2-bath condo, bathed in beautiful south-east-facing light that fills the space with warmth and an inviting ambiance. Come and enjoy a beautiful view of the Toronto skyline and the lake. The heart of the home is the brand-new & renovated kitchen, featuring sleek quartz countertops, premium stainless steel appliances & breakfast bar, perfect for elevating your culinary moments. The open-concept living and dining area, with elegant light fixtures & laminate flooring, offers a seamless flow for entertaining and relaxation. The spacious primary bedroom boasts a large walk-in closet and a luxurious ensuite bathroom, with a soaker tub, glass-enclosed shower, and brand-new vanity and lighting for a refreshed, modern feel. The second bedroom is equally generous, with a double closet and access to a renovated bathroom with a new vanity and lights. Enjoy ample storage throughout, including a front hall closet and a sizable laundry closet designed for optimal organization. Live here and benefit from 24-hour concierge service, a beautifully landscaped garden with a gazebo and barbecue area for outdoor dining, a party and meeting room, an indoor pool and whirlpool, a fully equipped fitness center, guest suites, bicycle storage, a car wash, and ample visitor parking. Perfectly situated near parks, shopping, school, and major highways. Underground access to Kipling Subway, Kipling GO Station, and MiWay, Ride the Rocket to Pearson International. This condo offers the ultimate urban living seamlessly combining modern comfort with unbeatable convenience.

    ExtrasThis suite also comes with the convenience of 1 underground parking spot. Maintenance fees cover heat, hydro, air conditioning, water, building insurance, and all common elements.

    real broker ontario ltd.MLS® #W9358992


    Amenities

    Gym Room
    Concierge
    Indoor Parking
    Indoor Pool
    Sauna
    Guest Suites

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

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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
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Residences at Kingsgate vs The Islington | City Centre West Area

    Days on Strata

    Units at The Residences at Kingsgate spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    36th
    Highest price per SQFT out of 59 condos in the Islington | City Centre West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    The Residences at Kingsgate offers the
    ?
    best value out of 59 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    The Residences at Kingsgate has the
    ?
    highest ROI out of 59 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    The Residences at Kingsgate yields the
    ?
    highest rent prices out of 59 condos in the Islington | City Centre West neighbourhood

    High Demand

    The Residences at Kingsgate is the
    ?
    most popular building out of 59 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 101 Subway Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$429,800 - $508,000No Data$495,000 - $615,000No DataNo Data
    Avg. Cost Per SqftNo Data$856No Data$549No DataNo Data
    Avg. Wait for Unit Availability323 Days58 Days1228 Days37 Days1163 DaysNo Data
    Ratio of Units in Building7%38%1%53%1%2%

    Transactions vs Inventory

    Total number of units listed and sold in Islington | City Centre West