1029 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $799,000 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 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience contemporary loft living at its finest in this rarely offered two-storey residence at Electra Lofts. Loft 443 offers approximately 850sqft of thoughtfully designed living space across two levels, plus a unique open loft area and two private south-facing balconies. Extensively customized and renovated with approximately $100K in upgrades, this south-facing 2 bedroom, 2 bathroom suite is flooded with natural light while enjoying a quieter exposure away from streetcar noise. Includes owned parking and a storage locker. Designed for both everyday living and entertaining, the main level showcases modern loft character with soaring concrete ceilings, exposed concrete walls, dramatic windows and engineered hardwood floors throughout. The custom Elmwood kitchen is a standout feature with sleek built-in cabinetry and premium appliances including a Liebherr fridge, Electrolux induction range, Bosch dishwasher and more. Custom motorized window shades (2024) and thoughtful built-ins elevate the space throughout. Upstairs, retreat to a private sleeping level with two spacious bedrooms and custom walk-in closet cabinetry. The versatile second bedroom functions effortlessly as both a guest suite and home office. Located in a well-managed building with maintenance fees that include utilities, residents enjoy access to a gym, cardio room, party room and meeting spaces. Perfectly positioned between King West and Liberty Village, you are steps to Trinity Bellwoods, Ossington, cafés, restaurants, groceries, transit and the waterfront.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1029 King Street W 443, 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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
