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Unit 605 at The King East

Sold

318 King Street E 605, Toronto C08, ON M5A 0C1

MLS #C12283751

$525,000

Sold on September 15, 2025

September 15, 2025

Originally listed at $529,900 7 days on market

About This Property

Royal Living at 318 King - Character & Charm, Steps from It All! Welcome to your stylish downtown retreat! This bright and airy 1-bedroom, 1-bathroom condo offers a rare 150 sq. ft. east-facing terrace perfect for morning coffee in the sun, weekend BBQs (with a gas hook-up!), or tending to your urban garden thanks to the built-in water connection. Inside, discover true character with a stunning brick accent wall, 9-foot exposed concrete ceilings, and custom built-in shelving that adds both flair and function. A ceiling-mounted bike rack keeps things sleek and space-saving ideal for active city living.The kitchen is a chef's delight, featuring stainless steel appliances including a gas stove, stone countertops, and ample cabinet space. Enjoy warm hardwood floors throughout, in-suite laundry, generous closet storage, and a storage locker for extra convenience. Not a fan of cooking? Not to worry! This boutique building is in an unbeatable downtown location just steps to the St. Lawrence Market, Distillery District, restaurants, shops, the waterfront, and only a 20-minute walk to Union Station. The King streetcar is at your doorstep, and the upcoming Ontario Line station will be right across the street making this a smart investment and a dream for commuters. Rental parking available and transferable. Whether you're a first-time buyer, an urban professional, or looking for a stylish pied-à-terre, this condo checks all the boxes, welcome home!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($480/mo) and property tax ($2,977/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$963/sqft
Moss Park
$885/sqft+8.8%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeFan Coil
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2300
MLS Size500-599
Listed OnJul 13, 2025
Maintenance Fees$480/month
Property Tax$2,977/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)4.67 x 3.5815.3 x 11.7-
Living Room(Main)4.67 x 3.5815.3 x 11.7-
Dining Room(Main)4.67 x 3.5815.3 x 11.7-
Dining Room(Main)4.67 x 3.5815.3 x 11.7-
Kitchen(Main)4.67 x 0.8915.3 x 2.9-
Kitchen(Main)4.67 x 0.8915.3 x 2.9-
Primary Bedroom(Main)3.48 x 3.1211.4 x 10.2-
Primary Bedroom(Main)3.48 x 3.1211.4 x 10.2-

Room Dimensions Available

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Price History

Original List Price

$529,900

Listed on Jul 13, 2025

Sold Price

$525,000

Sold on Sep 15, 2025

-$4,900

-0.9%

7 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 TypeNone

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About Unit 605 at The King East

Unit 605 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at The King East, 318 King Street E, Toronto C08. This unit is currently sold (sold for $525K).

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 605 The King East Toronto C08

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