Building Details
Listing History for Lofts 399
Amenities
Maintenance Fees
About 399 Adelaide Street W — Lofts 399
The lettering atop an entrance reads “LOFTS 399” in big and bold print, mimicking the sentiment of the building itself. The structure, as well as the contemporary Toronto lofts contained within it, is modern, bright, and confident. For these reasons, young professionals in search of that distinctive loft feel would be wise to consider King West condos for sale at 399 Adelaide Street West.
With a comfortable 10-storey height, the Lofts 399 building is anything but overbearing. Instead, the structure complements its surroundings perfectly. Without offending neighbours with its size, the building exudes confidence through its sleek exterior of cool grey brick, glass, concrete, and steel.
The building also boasts a secret garden of sorts. An outdoor atrium is loaded with greenery, as well as a waterfall feature for serenity and relaxation. This common space is tucked neatly away from the bustling streets of downtown Toronto, only for residents to enjoy. Other amenities offered to residents include a state-of-the-art gym, a resistance pool, and a common rooftop terrace for taking in views of the city.
The Suites
Throughout the 10 storeys of the Lofts 399, 173 modern soft lofts can be found. Lofts range in size in order to suit the diverse needs of urban residents, from around 400 to 1,300 square feet. Single professionals may opt for smaller units with one bedroom, while lofts with more space — up to two bedrooms plus den — can be enjoyed as a home for a small family or even made into a live-work space.
Regardless of size, those coveted high ceilings are unwavering, typically reaching 10 feet tall. Other quintessential loft qualities include open concept layouts, floor to ceiling windows (and their complementary natural sunlight), and exposed concrete finishes.
While hard loft conversions can sometimes be dated, the 2013 completion date of the soft lofts at 399 Adelaide Street West equate to modern appliances, and contemporary designs for residents to enjoy.
The Neighbourhood
Located in the trendy King West neighbourhood, Lofts 399 resides in an ideal neighbourhood for busy urbanites. Along King Street West, shops, galleries, restaurants and bars offer endless forms of entertainment.
The Thompson Hotel, boasting a rooftop lounge and pool as well as a 24-hour diner, caters to night owls living at 399 Adelaide West. Alternatively, those looking to spend time in the natural world will love the proximity of these lofts to large parks like Trinity Bellwoods Park, Garrison Commons, and Coronation Park. The Martin Goodman Trail is another option, leading cyclists or pedestrians in either direction along the balmy shores of Lake Ontario.
Major attractions and venues are also within reach of 399 Adelaide Street West. Film Buffs will become regulars at the Scotiabank Theatre and the Tiff Bell Lightbox, both of which are just around the corner. For live performances, the Royal Alexandra and Princess of Wales Theatres offer a nonstop roster of carefully selected plays, while Roy Thompson Hall across the way is home to the Toronto Symphony Orchestra.
Transportation
For those working within the downtown core, Adelaide and Richmond are indispensable routes for commutes toward and returning from the financial district. Cyclists can partake in the same journey as drivers, seeing as these roads are equipped with bike lanes.
For those making lengthier journeys, streetcars along King or Queen Streets will carry passengers east or west, and offer connections to St. Andrew or Osgoode stations, respectively. Spadina is an equally convenient route that carries travelers north and south, by both car and public transit.
For inter-city travel, or even international trips for that matter, Lofts 399 is located only a few subway stops or a short streetcar ride away from Union Station. From here, residents can continue their journeys with VIA Rail trains, GO Transit buses or trains, and the UP service to Pearson International Airport. As well, the Billy Bishop Toronto City Airport is also a quick drive or streetcar ride away from 399 Adelaide West.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Lofts 399
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Transaction Insights at 399 Adelaide Street W
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | No Data | $740,000 - $796,000 | $815,000 - $950,000 | $999,800 | No Data |
Avg. Cost Per Sqft | No Data | No Data | $947 | $950 | $878 | No Data |
Price Range | No Data | $2,350 - $2,950 | $2,750 - $3,100 | $3,700 | No Data | No Data |
Avg. Wait for Unit Availability | No Data | 128 Days | 56 Days | 192 Days | 268 Days | No Data |
Avg. Wait for Unit Availability | 889 Days | 61 Days | 37 Days | 117 Days | 293 Days | No Data |
Ratio of Units in Building | 2% | 25% | 49% | 17% | 10% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in King West