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Unit 1413 at The King East

Sold

318 King Street E 1413, Toronto C08, ON M5A 0C1

MLS #C12076286

$700,000

Sold on May 29, 2025

May 29, 2025

Originally listed at $714,000 43 days on market

About This Property

Freak out! This boutique? C'est chic! Feel the rhythm, check the rhyme, come on along & have a real good time at The King East! A sexy north-facing loft in a quiet boutique-style building with a friendly, chill vibe. Already well-served by the King streetcar, will soon be one of the most transit-accessible addresses in the city w/ construction begun on the Corktown subway stop across the street (on opposite side of building!). With 757 square feet of thoughtfully-designed space, this practical 1 bedroom + den w/exposed concrete ceilings is made for living, or living it up! A custom banquette in the large den is made for dinner parties or a dream space for work from home (may be removed). Add a door & the den becomes an office or guest room. The Scavolini kitchen features regular-sized appliances w/a gas stove, an island perfect for entertaining & enough extra space to customize to your taste. Main bedroom has beautiful views to help you wind down at night or rev up in the morning, 2 closets, & a 2nd door to the roomy washroom w/ rare separate shower & deep tub/shower combo. Living room features floor-to-ceiling windows & a bonus nook perfect for a small desk. Walk-out to your sweeping 115 square foot open terrace with natural gas line. Invite your people, fire up the grill and enjoy the sun and the skyline. Or, have the gang over to the condo's party room with kitchen, terrace & BBQs. They can spend the night in one of the guest suites & there is visitor parking. Unit comes with parking spot and locker big enough for bike + more. Located in the heart of the King East Design District, steps to the Distillery District and Corktown Commons w/ lovely parks and bike paths. Stroll to St. Lawrence Market, Leslieville & Cherry Beach. All major amenities & conveniences at your door or a short walk including gyms, spas, groceries, banks, cafes & some of the city's best restaurants and shopping. For those in the know, ask about custom Janna Watson abstract painting in kitchen.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($693/mo) and property tax ($3,291/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$943/sqft
Moss Park
$885/sqft+6.6%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 757 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

757 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerYes
Heating TypeHeat Pump
StyleLoft
Ensuite LaundryNo
Corp #TSCC-2300
MLS Size700-799
Listed OnApr 9, 2025
Maintenance Fees$693/month
Property Tax$3,291/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Flat)3.18 x 1.0710.4 x 3.5-
Living Room(Flat)3.66 x 3.1812.0 x 10.4-
Kitchen(Flat)3.99 x 2.9213.1 x 9.6-
Dining Room(Flat)2.18 x 2.187.2 x 7.2-
Den(Flat)3.1 x 2.7910.2 x 9.2-
Bedroom(Flat)3.66 x 2.7212.0 x 8.9-
Bathroom(Flat)3.35 x 2.7211.0 x 8.9-
Other(Flat)6.1 x 1.7320.0 x 5.7-

Room Dimensions Available

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Unit 1413 History

Complete transaction history for this unit

Leased

Leased: Jun 14, 2025

$3,000/mo

5 days on marketLease
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Price History

Original List Price

$714,000

Listed on Apr 9, 2025

Sold Price

$700,000

Sold on May 29, 2025

-$14,000

-2.0%

43 days on market

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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 Type

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About Unit 1413 at The King East

Unit 1413 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 $700K).

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 1413 The King East Toronto C08

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