224 King Street, Toronto, ON

$1,399,000
MLS#:C12161224
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Air Exchanger, Built-In Oven, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

The Most Sophisticated Condo Tower Downtown Toronto Is, Theatre Park. This 2 Bedroom, 2 Bathroom Suite With Parking And Locker Is Perfect. Captivating Views Of The Lake, Skyline, CN Tower, Scotiabank Arena, The Financial District And Rogers Centre. Open Concept Floor Plan With 1352sqft Of Living Space, 10ft Floor To Ceiling Windows Throughout For An Abundance Of Natural Light. Fully Upgraded Kitchen With Top Of The Line Appliances, Double Sink, Island, Built-in Gas Stove Top, Oven, Microwave And New Countertops. Large Living Room/Dining Room With New Flooring, Paint, Internet Connected Motorized Blinds And Sliding Glass Door To Your Massive 207sqft Southwest Facing Open Balcony. Balcony Has Luxurious Floor Tiles, A Gas BBQ And Endless Sunsets. Spacious Primary Bedroom Holds A 5 Piece Ensuite Bath With New Fixtures, Heated Floors And A Walk-in Closet. Great 2nd Bedroom With Lots Of Space, Full West Views And Easy Access To 2nd Full Bath, Also With Heated Flooring. Suite Offers An Upgraded Double Door In-suite Laundry For Extra Storage. Building Amenities Include: Roof Top Deck, Outdoor Pool, Fully Equipped Gym, 24hr Concierge, Party/Meeting Room And A Relaxing Terrace. Absolutely Incredible Location, Seconds To The Royal Alexandra Theatre, Roy Thomson Hall, Arenas, Convention Centre, The Financial Core, Dining, Shopping, TTC, Major Highways, 5 Star Hotels, Walking/Running Trails, Parks, The PATH And Union Station.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 31, 2025
Sold price information is available to members only
Listed Date5/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$5,758

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Library, Place Of Worship, Public Transit, School

Interior Features

Air Exchanger, Built-In Oven, Primary Bedroom - Main Floor, Storage, In-Law Capability

Security Features

Concierge/Security, Smoke Detector

Community Features

Location

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224 King Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 224 King Street W 4004, Toronto C01, ON M5H 0A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$279,800 (20.0%)
* Minimum Canadian down payment required for this price is $279,800.
Amortization Period25 Years
Estimated Monthly Payment$6,670Based on a loan of $1,119,200 over 25 years.
Purchase Price$1,399,000
Loan Amount$1,119,200
Provincial Land Transfer Tax:$24,455
Toronto Municipal Land Transfer Tax:$24,455
Total Estimated Closing Taxes:$48,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,399,000 in Toronto, the legal minimum down payment is $279,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,306

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.