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    Toronto / Downtown / King West

    405 - 700 King St W

    For SaleClock Tower Lofts
    $695,000
    Price Cut: $715,000
    2 Beds
    1 Bath
    1 Parking
    830 SQFT
    24 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Hard Loft
    Maintenance Fees:
    $786/mth
    Taxes:
    $2,990 (2024)
    Cost Per Sqft:
    $837/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    30 days/ TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Large Window, Hardwood Floor
    18.05 x 8.2ft
    Dining
    Combined with Living, Hardwood Floor
    8.86 x 8.86ft
    Kitchen
    Breakfast Bar, Double Sink
    8.86 x 8.86ft

    About this Listing

    Modern 830 sq ft Open Concept Suite with 10 feet 4 inch High Finished Ceilings. Fantastic 1 + 1 Bedroom Loft in the heart of King St West. Engineered Hardwood Flooring (2022) Parking Space and Locker (4th floor) are included. Rooftop Terrace with stunning views of Toronto. 24 Hour Concierge, Fitness Centre, Party Room, Visitor Parking++ Steps to great Restaurants and Entertainment District. Two Washrooms were converted to One Large Washroom and Two Large Closets. Hallway of building is being renovated.

    ExtrasAmenities on 15th floor. Go to 14th floor and take another elevator to 15th floor.

    re/max prime properties - unique groupMLS® #C9387132

    Amenities

    Bike Storage
    Concierge
    Sauna
    Security System
    Rooftop Deck
    Games Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Clock Tower Lofts vs The King West Area

    Building Trends At Clock Tower Lofts

    Days on Strata

    Units at Clock Tower Lofts spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    3.6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    72nd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Clock Tower Lofts offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Clock Tower Lofts has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Clock Tower Lofts yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Clock Tower Lofts is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 700 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$609,000No Data$670,000 - $851,000No DataNo Data
    Avg. Cost Per Sqft$801No Data$867No DataNo Data
    Avg. Wait for Unit Availability324 Days281 Days35 Days148 DaysNo Data
    Ratio of Units in Building6%6%75%14%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West