Condo of the Week: $350,000 for a pied-à-terre in the King Edward Hotel
By Victoria DiPlacido |
By Victoria DiPlacido |
Address: 37 King Street East, Unit 411
Neighbourhood: St. Lawrence
Agent:Lindsay LeDrew Bertram and Graham Connaughton, Sotheby’s International Realty Canada, Brokerage
Price: $349,900
The Place: A 470-square-foot suite on one of three floors that the King Edward Hotel recently converted from office space into private residences.
Bragging Rights: Unlike the hybrid hotel-condo towers popping up all over the city, the King Eddy, which opened in 1903, has serious historical pomp.
Big Selling Point: The unit’s small size and central location are perfect for businesspeople who split their time between cities—or locals who want to live around the corner from the office, but aren’t keen on the massive towers that make up City Place.
Possible Deal Breaker: Residents have access to all the hotel’s amenities, but will have to pay an additional $100 per month for the gym after their first year of occupancy.
By the Numbers:
• $349,000
• $253.80 in monthly maintenance fees
• 470 square feet
• 110 square foot balcony
• 1 bedroom
• 1 bathroom
• 1 storage locker
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- The bathroom has a six-foot tub and a showerhead with an additional handheld attachment
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Master bedroom
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The bedroom has a closet with paneled doors
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The kitchen. This main room also has a closet containing a stacked washer and dryer
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The kitchen has marble counters, an integrated fridge and dishwasher and a glass tile backsplash
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The patio
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The living room has a walk-out to the patio
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Living room
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Living room
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- The suite has an open-plan living room and kitchen with 10-foot coffered ceilings and maple flooring
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Residents have access to a fitness centre as well as a hospitality club on the 11th floor of the hotel. They can also take advantage of hotel amenities, including laundry, housekeeping and concierge services
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Parking is not included, though valet parking is available
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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- Three floors of the King Edward hotel were recently converted into 145 residential suites. The residences only opened to occupants three months ago
- Condo of the Week: 37 King Street East, Unit 411
- Condo of the Week: 37 King Street East, Unit 411
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Why is this place so cheap? I mean sure, it’s small, but it’s not even a bachelor. Considering the building and the location, a lovely 1-B with a patio (even if it’s tiny) would go for much more, I would think.