Maintenance Fees
Electra Lofts & Townhouses vs The King West Area
for sale
107 Days on Strata
246 - 1029 King St W
$699,000
1 Bed + 1
2 Bath
0 Parking
810 SQFT
Price History
- Maintenance Fees:
- $652/mth
- Taxes:
- $3,084 (2024)
- Property Type:
- Soft Loft
- Cost Per Sqft:
- $863/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- South
Amenities
Visitor Parking
Gym
Bike Storage
Party Room
Games Room
Rec Room
Amenity details for reference only. Independently verify accuracy.
About this Listing
Welcome Home to Unit 246 at 1029 King St W - a bright and spacious 1-bedroom + den, 2 bath, 2-level loft in the sought-after Electra Lofts. Boasting approx. 810 sq.ft. of Bauhaus-inspired design, this south-facing unit is flooded with natural light through dramatic double-height windows. The open-concept layout features soaring ceilings in the living area, upgraded modern glass and steel railings on the upper level, and a sleek urban vibe throughout. Enjoy the perfect blend of style and function, with a generously sized bedroom (opened up wall separating the den), and an oversized 6' x 6' private storage locker included. Live in one of Toronto's most dynamic neighbourhoods steps from trendy restaurants, nightlife, transit, parks, the Bentway, and everything downtown has to offer. Whether you're entertaining at home or exploring the city, this is the ultimate King West lifestyle.
ExtrasFridge, Stove, Dishwasher, Washer And Dryer, Window Coverings.
right at home realtyMLS® #C12332003
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 15.42 x 13.78ft
- hardwood floor, Open Concept, Walkout To Balcony
- Dining
- 15.42 x 13.78ft
- hardwood floor, Combined with Living, Walkout To Balcony
- Kitchen
- 5.25 x 10.83ft
- Tile Floor, Breakfast Bar
- Primary
- 15.42 x 14.76ft
- hardwood floor, Walk-in Closet, Ensuite Bath
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore King West
Map
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.
Mortgage Calculator
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%
Building Trends At Electra Lofts & Townhouses
Days on Strata
Units at Electra Lofts & Townhouses spend an average of
23
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
2%
below
the list price.
Offer Competition
Lofts in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
4.7
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
69th
Highest price per SQFT out of 120 condos in the King West area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
21
Units were Rented over the past twelve months
Best Value Rank
Electra Lofts & Townhouses offers the best value out of 120 condos in the King West neighbourhood
?
Appreciation Rank
Electra Lofts & Townhouses has the highest ROI out of 120 condos in the King West neighbourhood
?
Rental Yield
Electra Lofts & Townhouses yields the highest rent prices out of 120 condos in the King West neighbourhood
?
High Demand
Electra Lofts & Townhouses is the most popular building out of 120 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Electra Lofts & Townhouses
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $368,000 - $690,000 | $560,000 - $765,000 | $760,000 | $750,000 |
| Avg. Cost Per Sqft | $892 | $853 | $940 | $1,012 |
| Price Range | $2,200 - $2,700 | $2,700 - $4,100 | $3,300 - $3,800 | $3,100 - $3,200 |
| Avg. Wait for Unit Availability | 82 Days | 97 Days | 104 Days | 1327 Days |
| Avg. Wait for Unit Availability | 44 Days | 93 Days | 81 Days | 261 Days |
| Ratio of Units in Building | 38% | 24% | 23% | 4% |
Market Inventory
Total number of units listed and sold in King West
