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 stucco (plaster) construction, this residence presents an exceptional opportunity offered at $749,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to PH Suite #1004 at Electra Lofts, where bold design meets the energy of King West. This three-storey Loft offers over 915 sq/ft of thoughtfully designed living space and an exceptional outdoor experience with two south-facing balconies, including a rare south facing private rooftop terrace, perfect for entertaining or unwinding above the city. Soak in natural light, the suite showcases dramatic double-height windows that create an airy, contemporary feel throughout. The main level features an open concept kitchen and spacious living area, ready for your personal touch. The second level is a generous primary retreat complete with a walk-in closet and 5 PC ensuite. The oversized bedroom has room for a flex space, perfect as a home office, media lounge, art studio, yoga space or additional lounge area. Set in one of Toronto's most vibrant neighbourhoods, this Penthouse is steps to world-class dining, nightlife, transit, parks, groceries, gyms, coffee shops, all amenities and everything downtown has to offer. Whether you are entertaining under the skyline or immersing yourself in the city below, this is King West living at its finest.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1029 King Street W 1004, 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 $749,000 in Toronto, the legal minimum down payment is $49,900 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 $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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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.
