1029 King Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $649,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Lofty expectations? Met! Say hello to this sun-drenched Penthouse loft with soaring 18-foot double-height windows, and 780sqft of functional space. Bathed in south-facing light with glimmers of Lake Ontario from all levels, this unit delivers - from the ground up! The main floor features a double-door coat closet, open concept living & dining space with access to balcony, and a good sized kitchen with full-sized stainless steel appliances. Upstairs, the spacious lofted bedroom includes an extra-deep closet (ideal for custom inserts), a roomy nook for your desk or extra storage, and an oversized bathroom complete with linen closet. But the real box-checker? A 300sqft PRIVATE ROOFTOP TERRACE! Just think...your own urban oasis to host summer soirées, sip coffee at sunrise, nurture your plant collection, or simply revel in the fact that you never have to wait for a patio seat on King West again. If you want to get in the mix - talk about location perks! You are just a short walk to Trinity Bellwoods, the Ossington Strip, and shops & restos of King/Queen/Dundas West. TTC at your doorstep, a short walk to the GO Station (via the King West Pedestrian Bridge into Liberty Village!), and quick Highway access. Plus, a grocery store across the street and a near-perfect 95 Walk Score. The bonus extras: Low Maintenance Fee Includes ALL Utilities! Very well-run building with great superintendent. Pet friendly. Amenities include: Gym with Cardio and Weight rooms, Party Room, lots of Visitor Parking. Wired for Beanfield Internet. Immaculate condition. Absolutely No Notes! Your pied-à-terrace awaits...
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Pricing & Value Insights
Data-driven valuation for 1029 King Street W 1001, Toronto C01, ON M6K 3M9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $649,000 in Toronto, the legal minimum down payment is $39,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,455 also applies, bringing the total estimated land transfer taxes to $18,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
