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Unit 507 at King's Landing Condos

Sold

480 Queens Quay W 507, Toronto C01, ON M5V 2Y5

MLS #C8360014

$1,851,000

Sold on September 17, 2024

September 17, 2024

Originally listed at $1,750,000 7 days on market

About This Property

Welcome to Kings Landing, the only condominium building by the iconic and globally esteemed Canadian architect Arthur Erickson. This landmark waterfront residence is instantly recognizable for its unique, cascading terraces. As you step into this expansive suite you are greeted by a handsome white oak door and generous foyer with elegant coffered ceilings. The practical and spacious layout spans over 1,700 square feet and features many thoughtful and luxurious touches throughout. The large kitchen has been updated with cherry wood cabinets and built in appliances, and offers convenient access to the separate dining room. The bright and sunny living room and adjacent solarium provides breathtaking views of the lush, landscaped Music Garden and lake, and leads to an enormous private terrace. The primary bedroom suite features a sophisticated 5 piece bath with separate spa bathtub, glass shower and water closet. A second bedroom with charming French doors and double closets is a perfect guest room or home office. Enjoy top-tier amenities and recreation: outdoor tennis courts, beautiful lounge with outdoor dining and bbq area, golf simulator, indoor pool and whirlpool, sauna, fitness centre and more. Exceptionally well managed, pet-friendly building with professional and knowledgeable staff. Located in the heart of Queens Quay, steps from waterfront walking paths and the tranquil Music Garden, inspired by the great cellist Yo-Yo Ma which resonates with a Bach suite of music. The Malting silos located slightly to the west are designated for an exciting redevelopment as an arts centre and large waterfront public space. To the north, below the Gardiner Expressway, the Bentway public spaces continue to expand with a wintertime skating rink, public art exhibitions and connections to the award-winning Fort York Visitor Centre with 43-acres of public space. TTC streetcar is at your door and Billy Bishop airport is easily accessible.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1562/mo) and property tax ($6,366/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,011/sqft
Waterfront Communities C1
$894/sqft+13.1%
Toronto C01
$883/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1731 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1,731 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeBaseboard
StyleApartment
Ensuite LaundryYes
Corp #TSCC-781
MLS Size1600-1799
Listed OnMay 21, 2024
Maintenance Fees$1,562/month
Property Tax$6,366/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)3.39 x 3.6411.1 x 11.9-
Kitchen(Flat)3.39 x 3.6411.1 x 11.9-
Kitchen(Flat)3.39 x 3.6411.1 x 11.9-
Kitchen(Flat)3.39 x 3.6411.1 x 11.9-
Dining Room(Flat)2.91 x 3.619.5 x 11.8-
Dining Room(Flat)2.91 x 3.619.5 x 11.8-
Dining Room(Flat)2.91 x 3.619.5 x 11.8-
Dining Room(Flat)2.91 x 3.619.5 x 11.8-
Living Room(Flat)4.09 x 5.0113.4 x 16.4-
Living Room(Flat)4.09 x 5.0113.4 x 16.4-
Living Room(Flat)4.09 x 5.0113.4 x 16.4-
Living Room(Flat)4.09 x 5.0113.4 x 16.4-
Solarium(Flat)---
Solarium(Flat)---
Solarium(Flat)---
Solarium(Flat)---
Primary Bedroom(Flat)4.98 x 4.1616.3 x 13.6-
Primary Bedroom(Flat)4.98 x 4.1616.3 x 13.6-
Primary Bedroom(Flat)4.98 x 4.1616.3 x 13.6-
Primary Bedroom(Flat)4.98 x 4.1616.3 x 13.6-
Bedroom(Flat)4.38 x 3.2214.4 x 10.6-
Bedroom(Flat)4.38 x 3.2214.4 x 10.6-
Bedroom(Flat)4.38 x 3.2214.4 x 10.6-
Bedroom(Flat)4.38 x 3.2214.4 x 10.6-
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Laundry(Flat)---
Laundry(Flat)---
Laundry(Flat)---
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Price History

Original List Price

$1,750,000

Listed on May 21, 2024

Sold Price

$1,851,000

Sold on Sep 17, 2024

+$101,000

5.8%

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 NameKing's Landing Condos
Address480 Queens Quay W, Toronto C01
Parking TypeUnderground

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About Unit 507 at King's Landing Condos

Unit 507 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1600-1799 square feet located at King's Landing Condos, 480 Queens Quay W, Toronto C01. This unit is currently sold (sold for $1851K).

About King's Landing Condos

King's Landing Condos is located at 480 Queens Quay W, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at King's Landing 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 507 King's Landing Condos Toronto C01

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