1601 - 1 King Street W

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , located at 1 King Street W, Toronto. This remarkable suite is nestled within the iconic One King St. W. Residences, situated in the vibrant Bay Street Corridor. The property beautifully marries heritage charm with contemporary convenience, making it an ideal choice for both professionals and those seeking a comfortable living space in the heart of the city.

As you step into this bright and spacious condo, you will immediately be struck by the impressive 12-foot ceilings and expansive windows that provide an abundance of natural light and offer vibrant views of King Street. The open-concept layout is thoughtfully designed to cater to both comfortable living and professional use, making it a versatile space for various lifestyles. This condo for sale in Toronto features a total of three rooms, including a generously sized primary bedroom, which serves as a peaceful retreat. The bedroom is complemented by a well-appointed 4-piece ensuite bathroom, complete with a deep soaker tub, perfect for unwinding after a long day.

In addition to the primary bedroom, this unit also includes a den, providing extra space that can be utilised as a home office or a guest area, depending on your needs. The main kitchen is designed for practicality and efficiency, although it does not include an additional kitchen. This unfurnished condo for sale in Toronto allows you the flexibility to personalise the space to your taste and style.

The building itself is constructed from durable brick, reflecting the timeless elegance of the area. Although this unit does not feature a pool or a fireplace, it compensates with its central air conditioning system, ensuring comfort throughout the seasons. While there is no central vacuum system, the absence of a basement and additional land simplifies maintenance and upkeep.

Residents of 1 King Street W, Toronto, enjoy a full-service lifestyle, complete with a range of world-class amenities. The building offers direct access to the PATH and subway, making commuting and exploring the city effortless. Furthermore, the availability of 24-hour room service, security, housekeeping, and meeting rooms enhances the luxurious living experience. For those who appreciate fine dining and shopping, some of Toronto's best restaurants and shops, including the renowned Eaton Centre, are merely steps away. The Gardiner Expressway is also conveniently located just minutes from your door, providing easy access to the greater Toronto area.

This condo for sale in Toronto is currently rented to A+++ tenants who are willing to stay, presenting an ideal opportunity for both end-users and investors. With the potential for immediate, stable rental income, this property is not only a beautiful home but also a smart investment in one of Toronto's most sought-after locations.

In summary, if you are looking for a condo for sale in Toronto that combines historical significance with modern amenities, look no further than this exceptional suite at 1 King Street W, Toronto. With its prime location in the Bay Street Corridor, impressive features, and the promise of a vibrant urban lifestyle, this property is a rare find. Don't miss your chance to own a piece of Toronto's history while enjoying the ultimate in downtown convenience and luxury. Whether for personal use or as an investment, this condo is sure to impress.

Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood renowned for its striking skyline and bustling atmosphere. This geographic enclave is characterised by a blend of towering skyscrapers, modern condominiums, and historic buildings, creating a unique urban landscape. The area is a hub for business and finance, housing numerous corporate offices and financial institutions, while also offering an array of cultural attractions, including theatres, art galleries, and fine dining establishments. With its proximity to public transport, lush parks, and the scenic waterfront, the Bay Street Corridor presents an enticing lifestyle for those seeking the excitement of city living combined with convenient amenities.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The Downtown Alternative School, just 0.6 km away, offers a strong public education for grades JK to 8, boasting a commendable school rating of 8.4. For older students, the Kapapamahchakwew - Wandering Spirit School is only 0.2 km from the property, providing education for grades 9 to 12, although it currently has a rating of 0. Additionally, St. Michael Catholic School, located 0.7 km away, serves grades JK to 8 and has a solid rating of 7.1, while St. Joseph's College School, 1.9 km away, caters to grades 9 to 12 with a rating of 7.6. For families seeking French language education, Ryerson Community School (2.0 km away) offers grades JK to 8, albeit with a lower rating of 3.8, and St. Mary Catholic School (2.2 km away) provides education for grades JK to 4 in French with a rating of 5.7. Overall, this area provides a variety of schooling options across different educational boards and languages, catering to diverse family needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 2,382 residents, characterized by an average household size of 1.6. The community has a relatively young average age of 37.7 years, with a substantial average household income of $154,800. However, 20.2% of the population is classified as low-income. The housing market is predominantly composed of condominiums, with an average price of $1,315,000. A significant portion of the population, 57.14%, is single, while 25.27% of households include children. The area has a diverse demographic, with 46.21% of residents being immigrants. Renting is common, as evidenced by 59.18% of households being renters. Educational attainment is notably high, with 86.76% of residents holding a college or university degree. Additionally, 20.59% of the population is not actively participating in the labor force. This combination of factors paints a picture of a well-educated, diverse community with a mix of families and singles, contributing to a vibrant neighborhood atmosphere.