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    Toronto / Downtown / King West

    638 - 1029 King St W

    For SaleElectra Lofts & Townhouses
    $654,900
    1 Bed
    1 Bath
    1 Parking
    658 SQFT
    2 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Soft Loft
    Maintenance Fees:
    $527/mth
    Taxes:
    $2,461 (2024)
    Cost Per Sqft:
    $995/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60+ days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    This is loft living at its best! This stylish two-story, 1 bed 1 bath unit is south-facing & comes with tons of upgrades. Custom-built kitchen storage to maximize all available space! Exposed concrete. Floor-to-ceiling windows. Modern kitchen and bathroom finishes throughout! Stone countertops. Full-sized, stainless steel appliances. Walk-in closet on the second floor. Motorized blinds. Best of all, unobstructed views! Building amenities include visitor parking, party room, meeting room, gym. Fantastic location with TTC at your doorstep. Minutes to Liberty Village, King West, Trinity Bellwoods, Queen West, and more!

    ExtrasFridge, Stove/Oven, Microwave/Rangehood combo, Dishwasher. Washer/Dryer. 1 Parking & 1 Locker

    pmt realty inc.MLS® #C12018003

    Amenities

    Gym Room
    Media Room
    BBQs Allowed
    Games Room
    Rec Room
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Electra Lofts & Townhouses vs The King West Area

    Building Trends At Electra Lofts & Townhouses

    Days on Strata

    Units at Electra Lofts & Townhouses spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    46th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Electra Lofts & Townhouses offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Electra Lofts & Townhouses has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Electra Lofts & Townhouses yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Electra Lofts & Townhouses is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 1029 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$590,000 - $795,000$670,000 - $825,000$850,000 - $905,000No Data
    Avg. Cost Per Sqft$926$898$1,006No Data
    Avg. Wait for Unit Availability75 Days88 Days94 DaysNo Data
    Ratio of Units in Building49%24%23%6%

    Transactions vs Inventory

    Total number of units listed and sold in King West