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    1025 - 1029 King Street W

    For SaleElectra Lofts & Townhouses
    $1,099,000
    2 Beds
    2 Bath
    2 Parking
    925 SQFT
    23 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Cost Per Sqft:
    $1,188/sqft
    Maintenance Fees:
    $662/mth
    Taxes:
    $3,431 (2023)
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    West
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    O/Looks Family, Open Concept, Tile Floor
    10.99 x 8.99ft
    Living
    Vaulted Ceiling, Open Concept, Balcony
    13.62 x 15.81ft
    Bathroom
    2 Piece Bath, Tile Floor
    5.87 x 4.13ft

    About this Listing

    Rarely available Electra Lofts South-Facing 2-bedroom Penthouse! A beautiful, recently updated 2 bed + 2 Bath, two-storey loft, with walk outs to a main floor balcony and breathtaking private rooftop terrace. The main level features an open concept layout accentuated by 16 ft ceilings, creating an airy atmosphere. The expansive south-facing windows flood the space with natural light all day, illuminating the sleek concrete walls adding a touch of urban sophistication.The real gem of this property lies above a private rooftop terrace awaits, offering a south facing panoramic view of the surrounding cityscape, and a view of the lake! Whether it's hosting gatherings under the stars or indulging in quiet moments of reflection, this outdoor oasis is sure to impress.Experience the epitome of urban living at 1029 King Street West, a fusion of contemporary design, premium amenities (upgraded gym, cardio room, party room), and optimal location. Condo is located at the intersection of Trinity Bellwoods, King West, Liberty Village, and the Ossington strip, with the King Street streetcar steps from the front door.

    ExtrasBuilding internet (beanfield building $50/month + HST for 2 giga bites speed.)

    sotheby`s international realty canadaMLS® #C8274058


    Amenities

    Gym Room
    Guest Suites
    BBQ
    Media Room
    Rec Room
    Security System

    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 Electra Lofts & Townhouses spend an average of
    7
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.3
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    55th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Electra Lofts & Townhouses offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Electra Lofts & Townhouses has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Electra Lofts & Townhouses yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Electra Lofts & Townhouses is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 1029 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$790,000 - $825,000$800,000 - $1,070,000No Data
    Avg. Cost Per SqftNo Data$902$1,051No Data
    Avg. Wait for Unit Availability65 Days86 Days88 DaysNo Data
    Ratio of Units in Building47%24%24%6%

    Maintenance Fees

    Electra Lofts & Townhouses vs The King West Area

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