pin_buy700 King St W
2Listings for Salefor Sale
4Listings for Rentfor Rent
building_buyClock Tower Lofts
pin_buy700 King St Wexpand addresses list
    building_buyClock Tower Lofts
    2Listings for Salefor Sale
    4Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Average
    Property Type
    Hard Loft
    Developer
    Urban Group
    Condo Completion
    1998
    Property Management
    Crossbridge Condominium Services Ltd.
    Unit Size Range
    669 - 3178 SQFT
    Number of Units
    210
    Number of Storeys
    14

    700 King St W, Toronto

    About this loft

    Loft Overview

    The Clock Tower Lofts (formerly the "Westside Lofts") may not have an industrial chronicle like some of its neighbours, but these authentic hard lofts still conjure up nostalgia for residents and their guests. In fact, the most noticeable of vintage elements at 700 King Street West can be viewed without stepping foot inside the building at all.

    In front of the more muted, yellow brick edifice, the front entrance and storefronts below are built of a prominent copper hue. Gazing upwards, one’s eye immediately freezes on the circular clock faces on either side.

    The clock tower that has told time for a passersby on Bathurst and King Streets is nothing new; the Toronto lofts within, however, are a modern addition to the King West neighbourhood. The Clock Tower Lofts were carved of a former office building in 2001, at which time the clock faces were even replaced by windows for one fortunate homeowner to enjoy.

    Contemporary amenities were also bestowed upon the building: residents can enjoy a gym, sauna, rooftop terrace, underground parking, and party room without ever leaving 700 King West.

    The Suites

    Throughout the 14 storeys, 216 downtown Toronto condos can be found. These lofts range from approximately 700 to 2,700 square feet, and contain one to three bedrooms each. The lofts benefit from their former lives as office spaces, especially when it comes to the ceiling heights that reach to 11 feet tall.

    Broad hallways and oversized windows are other nods to the structure’s past exploits that are greeted with a warm welcome by homeowners today.

    Each unit at the Clock Tower Lofts is bright and spacious. However, while other lofts lure buyers with their open concept layouts, these distinctive homes provide privacy that is a rarity in loft living.

    One unit within the clock tower itself takes advantage of those round windows, which reach from floor to ceiling to usher in warm sunlight as well as plenty of compliments from guests. Thanks to their variations in size and style, there are King West condos for sale at the Clock Tower Lofts for everyone — from a cozy first home for a newlywed couple to a residence fit for a family, complete with office, walk-in closet, and laundry room.

    The Neighbourhood

    In the King West neighbourhood, ultra-hip restaurants and bars are abundant. Residents can dress up and head out for a steak dinner at Jacobs and Co., or throw on a pair of blue jeans and grab a pie at Pizzeria Libretto. From casual bites to fine dining, one thing is for certain here: establishments know that without providing quality service they simply cannot survive here.

    Around Niagara, things become a little less chaotic. This mostly residential neighbourhood is scattered with a number of intimate contemporary art galleries. Parks are plentiful as well, with Stanley Park and Victoria Memorial Park each a few blocks from the Clock Tower Lofts. Alternatively, Trinity Bellwoods Park is not far off either — a Toronto favourite for tennis, fetch, and of course picnics.

    In terms of provisions, Fresh & Wild Food Market and the Kitchen Table are both just around the corner on King Street West. For more choice, a massive Loblaws is also in close proximity, at the corner of Queen and Portland.

    Transportation

    With its prime location in the midst of downtown Toronto, many residents of the Clock Tower Lofts will be pleased to walk and cycle around the neighbourhood. For farther journeys, however, the TTC is ready to assist: streetcars with service along King and Bathurst Streets both make stops right outside the front doors of 700 King West. The King Streetcar offers connections to St. Andrew station on the University-Spadina subway line, while Bathurst streetcars will carry passengers to Bathurst station on the Bloor-Danforth line.

    Drivers can access the nearby Gardiner Expressway in minutes, from which they can travel around the southern edge of the city and beyond. Bathurst Street is also a quick-moving route for north-south travel, especially handy for those looking for access to the 401.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    4

    Listings For Rent

    Amenities

    Bike Storage
    Security System
    Party/Meeting Room
    Rooftop Deck/Garden
    BBQ
    Games Room
    Concierge
    Guest Suites
    Gym
    Sauna
    Visitor Parking

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Clock Tower Lofts vs The King West Area

    $144.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Clock Tower Lofts's Avg
    price per SQFT
    $986
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,130
    / SQFT

    Building Trends At Clock Tower Lofts

    Days on Market

    Units at Clock Tower Lofts spend an average of
    13
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    5%
    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
    3.7
    YEARS before being sold again

    Property Value

    11%
    Increase in property value within the past twelve months

    Price Ranking

    57th
    Highest price per SQFT out of 95 condos in the King West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value

    Clock Tower Lofts offers the
    ?
    best value out of 95 condos in the King West neighbourhood

    Return on Investment

    Clock Tower Lofts has the
    ?
    highest ROI out of 95 condos in the King West neighbourhood

    Rental Yield

    Clock Tower Lofts yields the
    ?
    highest rent prices out of 95 condos in the King West neighbourhood

    High Demand

    Clock Tower Lofts is the
    ?
    most popular building out of 95 condos in the King West neighbourhood

    Sales vs Rental Values For This Loft

    1 Bed700 - 1000 SQFT
    Average Cost Per Sqft$883
    Sales Price Range$700,000 - $815,000
    Rental Price Range
    N/A
    1 Bed + Den720 - 720 SQFT
    Average Cost Per Sqft$833
    Sales Price Range$712,000 - $712,000
    Rental Price Range
    N/A
    2 Bed742 - 1100 SQFT
    Average Cost Per Sqft$891
    Sales Price Range$720,500 - $937,000
    Rental Price Range$2,200 - $3,600
    2 Bed + Den935 - 1025 SQFT
    Average Cost Per Sqft$791
    Sales Price Range$735,000 - $735,000
    Rental Price Range$2,850 - $3,850
    3 Bed2000 - 2000 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$8,400 - $8,400

    How Often Are Units Listed?

    1 Bed669 - 1000 SQFT
    Average Sales Availability
    Every304Days
    Average Rental Availability
    Every438Days
    Ratio of Unit Type in Building6%
    1 Bed + Den706 - 1175 SQFT
    Average Sales Availability
    Every356Days
    Average Rental Availability
    Every424Days
    Ratio of Unit Type in Building6%
    2 Bed687 - 1210 SQFT
    Average Sales Availability
    Every31Days
    Average Rental Availability
    Every35Days
    Ratio of Unit Type in Building73%
    2 Bed + Den854 - 1993 SQFT
    Average Sales Availability
    Every106Days
    Average Rental Availability
    Every237Days
    Ratio of Unit Type in Building15%
    3 Bed2000 - 2800 SQFT
    Average Sales Availability
    Every1309Days
    Average Rental Availability
    Every164Days
    Ratio of Unit Type in Building2%

    Maintenance Fees
    Clock Tower Lofts vs The King West Area

    $0.06
    More Expensive
    per SQFT compared to the neighbourhood average
    Clock Tower Lofts's Avg
    monthly maintenance
    fee per SQFT
    $0.80
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.74
    / SQFT

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