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    Massey Square Condos

    1000 King Street W & 39 Shank Street

    2for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    8
    Number of Units:
    194
    Condo Completion:
    2002
    Condo Demand:
    High
    Unit Size Range:
    336 - 1,522 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Massey Square Condos

    Amenities

    Gym Room
    Indoor Parking
    BBQ
    Rec Room
    Security System
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1000 King Street WMassey Square Condos

    The Massey Square Condos is the perfect compromise in numerous areas: aesthetically, it’s understated yet robust; on the trend forecast, it’s classic yet still desirable 15 years after its construction.

    In fact, the condos 1000 King Street West & 39 Shank Street were quite the trendsetters back in the day: the Massey Harris Condos was in Liberty Village before Liberty Village was cool (although technically it’s just outside the confines of the neighbourhood). It wasn’t until late 90s that modern businesses started popping up here, and the Liberty Village Business Improvement Area wasn’t founded until 2001.

    Just one year later, in 2002, Plazacorp brought the red brick edifice at 1000 King West and 39 Shank to the neighbourhood. Today, prospective buyers will have to be feisty in order to nab a spot in the Massey Square Condos. Thankfully, though, turnover isn’t obsolete as there are nearly 200 units in the building. There are even a few townhomes that span two storeys each, over on Shank Street.

    Standing at a comfortable 8 storeys tall, a major selling point for the Massey Square Condos isn’t its size or stature, but instead the low maintenance fees paid by residents — compared to buildings with similar specs, that is.

    And yet still, even with relatively low fees, plenty of amenities occupy the building. Residents have a gym, a meeting room, a party room, visitor parking, and security at their disposal. Plus, there’s retail on ground level, making life at 1000 King West and 39 Shank all the more convenient.

    The Suites

    The homes within the Massey Square Condos building range considerably in size, allowing everyone from veteran Parkdale residents with families to first-time buyers the chance to find Toronto condos for sale that they can afford. In terms of numbers, suites range from approximately 500 to 1,500 square feet, and exposures vary from bachelor units to ones with three bedrooms.

    Inside their homes, residents living at 1000 King West and 39 Shank can enjoy basking in the sunlight that pours in through floor-to-ceiling windows. The natural light also happens to illuminate sleek, contemporary features like stainless steel appliances and granite counters in kitchens. And when additional warmth is in order (which might be often thanks to Toronto’s bitterly cold winters), some units even boast gas fireplaces.

    Homes might boast balconies or terraces, while some residents will simply prefer spending time in Massey Harris Park, just outside the building.

    The Neighbourhood

    Technically, the Massey Square Condos are located just outside the boundaries of Liberty Village in the King West neighbourhood. This does not, however, stop residents from enjoying the shops, restaurants, bars, and other businesses found within.

    What this locale does, however, is it gives residents the freedom to explore various surrounding neighbourhoods. A Saturday might be spent roaming the cobblestone streets of Liberty Village, while Sunday might call for brunch and gallery hopping along Queen West.

    Even shoppers have their options where groceries are concerned. Residents can walk over to the Liberty Village Metro in just 11 minutes, while a FreshCo is located a 15-minute walk away on Northcote Avenue.

    Outdoorsy residents of the Massey Square Condos are also well situated. Stanley Park is just 500 metres away, as is Trinity Bellwoods Park. In the former, a baseball diamond, an outdoor swimming pool, a tennis court, and an off-leash dog area can be found. Nothing, however, beats letting a furry friend run free in Trinity Bellwoods’ dog bowl. In this park, even those without pets can waste a day away playing baseball, tennis, skating (roller or ice depending on the season), or simply sunbathing.

    Transportation

    Living directly on King Street West certainly has its perks, and traveling around the city with ease is one of them. Drivers can use this route to head east or west just as easily as can those using public transit. Streetcars make stops just outside the doors of 1000 King West, at the corner of King and Shaw, from which passengers can be carried toward the Yonge-University-Spadina subway line.

    Also handy is the 63 Ossington bus, which also stops at King and Shaw, and transports riders toward Ossington Station on the Bloor-Danforth line. In fact, this bus route continues further north to Eglinton West station after that, perfect for anyone looking to travel uptown.

    The Gardiner Expressway can also be reached in minutes. Drivers can use this fast-paced highway to reach the 427 or the Don Valley Parkway, or to exit the city altogether.

    2

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Massey Square Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    54th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    Massey Square Condos offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Massey Square Condos has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Massey Square Condos yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Massey Square Condos is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 1000 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$710,000 - $810,000$645,000 - $1,160,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$965$984No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data199 Days135 Days78 Days401 Days488 Days
    Ratio of Units in Building1%18%22%50%3%7%

    Maintenance Fees

    Massey Square Condos vs The King West Area

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