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    225 - 1029 King St W

    For RentElectra Lofts & Townhouses
    $2,750/mth
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT
    26 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Upper
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    11.29 x 16.08ft
    Kitchen
    8.99 x 8.53ft
    Prim Bdrm
    11.29 x 12.89ft

    About this Listing

    Welcome to this chic 1 bedroom, 1 bath, two-storey open loft condo in the stylish Electra Lofts condo building, located in the vibrant Liberty Village. This unique space offers the perfect combination of modern design, urban living, and convenience, making it an ideal home for professionals or couples looking to enjoy all that the city has to offer. This unit offers an open-concept living area with soaring ceilings that create a sense of grandeur and spaciousness. The lofts signature large windows flood the space with natural light, enhancing the bright and contemporary ambiance. The second-floor bedroom overlooks the living space, creating a true loft feel, while providing privacy and comfort. The building itself boasts a range of exceptional amenities for its residents. Stay fit and active with access to a large exercise room and a separate cardio room, perfect for maintaining a healthy lifestyle without leaving the building. Other features include a party room which is ideal for hosting larger gatherings. Other bonus features include 1 underground parking spot. This loft is the epitome of urban living, offering a perfect blend of luxury, convenience, and lifestyle.

    re/max escarpment realty inc.MLS® #C9768141


    Amenities

    Gym Room
    Games Room
    Party Room
    Rec Room
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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%

    Maintenance Fees

    Electra Lofts & Townhouses vs The King West Area

    Days on Strata

    Units at Electra Lofts & Townhouses spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    43rd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    Electra Lofts & Townhouses offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Electra Lofts & Townhouses has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Electra Lofts & Townhouses yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Electra Lofts & Townhouses is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 1029 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$590,000 - $660,000$670,000 - $825,000$800,000 - $905,000No Data
    Avg. Cost Per Sqft$996$895$981No Data
    Avg. Wait for Unit Availability79 Days82 Days90 DaysNo Data
    Ratio of Units in Building46%27%24%6%

    Transactions vs Inventory

    Total number of units listed and leased in King West