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Unit 705 at Victory Lofts Condos

Sold

478 King Street W 705, Toronto C01, ON M5V 0A8

MLS #C8037234

$625,000

Sold on March 14, 2024

March 14, 2024

Originally listed at $579,000 13 days on market

About This Property

Discover the charm of this splendid, spacious 1BR+1Den Suit (Use as 2nd BR) loft-style condo in the boutique Victory Condo building. This unit offers over 800 sq.ft of living space (680sq.ft Interior Space + Extra 135 sq. ft. Balcony/Terrace). It is Ideally positioned at the vibrant heart of King West, downtown Toronto. for your comfort and enjoyment. This elegant condo showcases an open-concept design, Modern Laminate flooring throughout, expansive wall-to-wall windows, upgraded light fixtures and lofty 9-foot exposed ceilings. The unit features an upgraded Modern Kitchen and 3-piece bathroom. Step out onto the ample terrace for stylish and comfortable entertainment. Located in Toronto's Entertainment District, this condo is conveniently near numerous superb dining and shopping choices, as well as iconic landmarks including the Rogers Centre and CN Tower. Enjoy easy access to public transit and major highways, making this location both convenient and highly appealing.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($557/mo) and property tax ($2,792/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$851/sqft
Moss Park
$885/sqft-3.8%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 680 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

680 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2250
MLS Size600-699
Listed OnJan 31, 2024
Maintenance Fees$557/month
Property Tax$2,792/year

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Rooms

NameSize (m)Size (ft)Features
Great Room(Flat)4.9 x 4.3616.1 x 14.3-
Den(Flat)2.68 x 2.528.8 x 8.3-
Dining Room(Flat)4.9 x 4.3616.1 x 14.3-
Primary Bedroom(Flat)2.74 x 2.859.0 x 9.4-
Kitchen(Flat)---
Bathroom(Flat)2.85 x 1.529.4 x 5.0-

Room Dimensions Available

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Price History

Original List Price

$579,000

Listed on Jan 31, 2024

Sold Price

$625,000

Sold on Mar 14, 2024

+$46,000

7.9%

13 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 NameVictory Lofts Condos
Address478 King Street W, Toronto C01
Parking TypeUnderground

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About Unit 705 at Victory Lofts Condos

Unit 705 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Victory Lofts Condos, 478 King Street W, Toronto C01. This unit is currently sold (sold for $625K).

About Victory Lofts Condos

Victory Lofts Condos is located at 478 King Street W, Toronto C01 in 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 Victory Lofts Condos, 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 705 Victory Lofts Condos Toronto C08

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