1029 King St WUnit 615
1Bed + Den
2Bath
895SQFT
SOLD
Sold for $870,000
895SQFT
1029 King St WUnit 615
SOLD
Sold for $870,000
1Bed + Den
2Bath
895SQFT
Walk Score
94
Transit Score
100
Bike Score
61
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Average
Property Type
Soft Loft
Developer
Urbancorp
Condo Completion
2002
Property Management
Dowing Property Management
Unit Size Range
400 - 1490 SQFT
Number of Units
264
Number of Storeys
6
List Price
$849,900
Sold per SQFT for
$972/sqft
Total Days on Market
11
Maintenance
$614/mth
Taxes
$2,740
Property Type
Soft Loft
LOFT Demand
high
Unit Availability
Average
Locker
Yes
Parking
Yes
Outdoor Space
Open
Exposure
North

Unit #615 at Electra Lofts & Townhouses - , ON

Listing Summary

SOLD! Unit #615 at 1029 King St W sold for $870,000 on the 28th of June, 2021, up $20,100 from the list price of $849,900, or 2.4% above the list price, with 11 days on market. if you have any questions about this unit or building!

About the Property

Beautifully Redesigned 2 Floor Loft. This 1+1, 2 Bath Loft Features 17Ft Ceilings And Aesthetically Pleasing Finishes For That Traditional Loft Feel. Measuring In At 895 Sqft, This Loft Provides The Perfect Amount Of Living Space & Separation To Ensure Harmony & Balance Within Your Life. Located On King St W, With A Full Range Of Amenities Just Steps Away. This 2 Floor Loft Must Be Seen To Truly Be Appreciated. 1 Parking Space + Locker Included.

Extras

*Custom Glass Paneling Just Installed In Place Of The Wood Railing* All Custom Automated Blinds, All Elf's, Fridge, Stove, Cooktop, Microwave/Rangehood, D/W. Stacked Washer & Dryer. Amenities: Gym, Visitor Parking Party/Meeting Room.

Brokerage: property.ca inc., brokerageMLS® #C5277265

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Room Dimensions

AreaFeet | MetersDetails
Kitchen13.35 x 12.83ftBreakfast Bar, Quartz Counter, Laminate
Dining16.34 x 12.83ftLaminate, Window Flr To Ceil, Walkout To Balcony
Living16.34 x 12.83ftLaminate, Window Flr To Ceil, Walkout To Balcony
Bathroom5.68 x 4.89ft2 Piece Bath, Ceramic Floor, Wall Sconce Lighting
Bedroom16.5 x 10.11ftConcrete Counter, Walk-in Closet, O/Looks Dining
Den8.2 x 4.4ftConcrete Counter, Window Flr To Ceil, O/Looks Living
Bathroom8.37 x 8.07ft3 Piece Bath, Built-in Vanity, Ceramic Floor
Other8.07 x 5.28ftWalk-in Closet, Closet Organizers, Laminate

Maintenance Fees Cover

Maintenance Fees Include

Hydro
Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

None

Amenities

Security System
Gym
Recreation Room
Party/Meeting Room
Visitor Parking
Games Room
BBQ

Listing History for Unit 615

Stats, Trends & Rankings

Price Per Square Foot
Electra Lofts & Townhouses vs The King West Area

$49.00
Less Expensive
per SQFT compared to the neighbourhood average
Electra Lofts & Townhouses's Avg
price per SQFT
$976
/ SQFT
Neighbourhood Avg
price per SQFT
$1,025
/ SQFT

Building Trends At Electra Lofts & Townhouses

Days on Market

Units at Electra Lofts & Townhouses spend an average of
11
Days on Market
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
4.9
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 91 condos in the King West area

Sold Units

12
Units were Sold over the past twelve months

Rented Units

27
Units were Rented over the past twelve months

Best Value

Electra Lofts & Townhouses offers the
?
best value out of 91 condos in the King West neighbourhood

Return on Investment

Electra Lofts & Townhouses has the
?
highest ROI out of 91 condos in the King West neighbourhood

Rental Yield

Electra Lofts & Townhouses yields the
?
highest rent prices out of 91 condos in the King West neighbourhood

High Demand

Electra Lofts & Townhouses is the
?
most popular building out of 91 condos in the King West neighbourhood

Sales vs Rental Values For This Loft

1 Bed529 - 900 SQFT
Average Cost Per Sqft$864
Sales Price Range$515,000 - $825,000
Rental Price Range$1,800 - $2,650
1 Bed + Den700 - 900 SQFT
Average Cost Per Sqft$886
Sales Price Range$607,500 - $870,000
Rental Price Range$2,150 - $2,600
2 Bed655 - 1000 SQFT
Average Cost Per Sqft$890
Sales Price Range$910,000 - $921,000
Rental Price Range$2,200 - $3,000
2 Bed + Den855 - 855 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$2,550 - $2,550

How Often Are Units Listed?

1 Bed400 - 900 SQFT
Average Sales Availability
Every51Days
Average Rental Availability
Every46Days
Ratio of Unit Type in Building48%
1 Bed + Den655 - 967 SQFT
Average Sales Availability
Every96Days
Average Rental Availability
Every195Days
Ratio of Unit Type in Building22%
2 Bed655 - 1490 SQFT
Average Sales Availability
Every84Days
Average Rental Availability
Every89Days
Ratio of Unit Type in Building28%
2 Bed + Den701 - 855 SQFT
Average Sales Availability
Every154Days
Average Rental Availability
Every267Days
Ratio of Unit Type in Building4%

Maintenance Fees
Electra Lofts & Townhouses vs The King West Area

$0.14
Less Expensive
per SQFT compared to the neighbourhood average
Electra Lofts & Townhouses's Avg
monthly maintenance
fee per SQFT
$0.58
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.72
/ SQFT

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