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Unit 1408 at The King East

Sold

318 King Street E 1408, Toronto C08, ON M5A 0C1

MLS #C11982354

$665,000

Sold on June 30, 2025

June 30, 2025

Originally listed at $699,900 65 days on market

About This Property

Welcome to urban living in the heart of Toronto's East Side at The King East. This Bright South facing condo offers 710 square feet of contemporary living space and large exterior balcony with south views of Lake Ontario. Located in one of Toronto's most vibrant neighborhoods(Corktown/Design District, steps to Distillery District). Enjoy exposed concrete ceilings, loads of natural light with floor-to-ceiling windows, stunning engineered hardwood floors with an open-concept layout, with gas cooking, stainless steel appliances. The bedroom offers plenty of storage and the spacious den is perfect for a home office or guest room. The bathroom has modern finishes and fixtures. 188 sq ft balcony with a gas BBQ line perfect for all-season grilling while enjoying the views of the city. Located steps away from shops restaurants, public transit (also across from future Ontario Line). Close to dog park. Downtown lifestyle with nearby access to DVP and Gardiner Expressway. Floorplan shown is a mirror image of the unit. Beautiful party room, visitor parking and guest suites available.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($614/mo) and property tax ($3,269/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$933/sqft
Moss Park
$885/sqft+5.4%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeHeat Pump
StyleLoft
Ensuite LaundryYes
Corp #TSCC-2300
MLS Size700-799
Listed OnFeb 19, 2025
Maintenance Fees$614/month
Property Tax$3,269/year

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Price History

Original List Price

$699,900

Listed on Feb 19, 2025

Sold Price

$665,000

Sold on Jun 30, 2025

-$34,900

-5.0%

65 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe King East
Address318 King Street E, Toronto C08
Parking TypeUnderground

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About Unit 1408 at The King East

Unit 1408 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at The King East, 318 King Street E, Toronto C08. This unit is currently sold (sold for $665K).

About The King East

The King East is located at 318 King Street E, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Moss Park Neighbourhood

This unit is located in Moss Park, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The King East, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1408 The King East Toronto C08

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