1029 King Street, Unit 38, 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 $524,900 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 600-699 sqft
- 0.0 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
King West is one of Toronto's most vibrant and coveted neighbourhoods. At the heart of it all is Electra Lofts, a boutique-style, 213-suite loft residence celebrated for its distinctive two-storey loft designs, 17ft ceilings, and strong sense of community. Enjoy a desirable south-facing exposure that fills the home with natural light while offering a peaceful retreat. away from the hustle and bustle of King Street. Thoughtfully designed across 640 sq. ft. on two levels, this bright one-bedroom loft lives larger than its footprint.This loft maximizes every square foot with a functional open-concept layout featuring laminate flooring throughout, brand new quartz kitchen countertops, a matching quartz bathroom vanity, a breakfast bar, and spacious living and dining areas framed by soaring floor-to-ceiling windows and an exposed concrete feature wall. Step out to your private balcony before retreating upstairs to the generous primary bedroom, complete with a walk-in closet, four-piece ensuite, and convenient in-suite laundry. Low maintenance fees that include all utilities add exceptional value, while Electra Lofts offers exceptional property management and well-maintained amenities including a fitness room, party room, secure entry, bike storage, and visitor parking.Experience the very best of King and Queen West. Stroll to Trinity Bellwoods Park, meet friends at The Drake Hotel, and discover an ever-evolving mix of independent cafés, acclaimed restaurants, boutique shopping, and vibrant nightlife. Enjoy easy access to extensive bike paths, steps to Altea Active Toronto, summer festivals and events at Exhibition Place and the CNE, nearby Liberty Village, and commute with ease thanks to the King streetcar at your doorstep and GO Transit just a short walk away. *Some photos have been virtually staged; others were taken while the unit was tenant occupied.
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Property Summary
This condo apartment located at 1029 King Street, Toronto is currently for sale and has been available on SousaSells for 6 days. This property is listed at $524,900 with an estimated mortgage of $1,747* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 1029 King Street, Toronto is in the Niagara neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Niagara, Toronto.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Lake Access
- Park
- Library
- Public Transit
- Rec./Commun.Centre
Interior Features
- Carpet Free
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
- Monitored
Community Features
None listed
Frequently Asked Questions about 1029 King Street, Unit 38, Toronto, ON
Q.What is the asking price for 1029 King Street, Unit 38, Toronto, ON ?
The current listing price for 1029 King Street, Unit 38, Toronto, ON in Niagara, Toronto is $524,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 1029 King Street, Unit 38, Toronto, ON ?
1029 King Street, Unit 38, Toronto, ON is a Condo Apartment (2-Storey) featuring a None basement.
Q.What key property features does 1029 King Street, Unit 38, Toronto, ON offer?
Key property features include: Clear View, Lake Access, Park, Library, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.What security features are installed at 1029 King Street, Unit 38, Toronto, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector, Monitored.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1029 King Street W 438, Toronto, 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 $524,900 in Toronto, the legal minimum down payment is $27,490 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 $6,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,973 also applies, bringing the total estimated land transfer taxes to $13,946.
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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.