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    818 - 1029 King St W

    $775,0001 bd2 ba1 pk800 sqft
    5 Days on Strata
    Est Sell Timeframe:
    10 Days
    $775,000
    1 Bed + 1
    2 Bath
    1 Parking
    800 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Maintenance Fees:

    $657/mth

    Taxes:

    $2,997 (2024)

    Cost Per Sqft:

    $969/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    Immediately

    Amenities

    Visitor Parking
    Rec Room
    Games Room
    Guest Suites
    Party Room
    Gym
    BBQs Allowed
    Bike Storage
    Security System
    Media Room
    Concierge

    About this Listing

    Live And Work In This Bright King West 2-Storey Loft. Parking And Locker Included! The Boutique Electra Lofts. Exposed Concrete Ceilings? Yes Please! 2-Storey? Yup! Smothered In Sunlight With An Open Layout, Soaring 19 Living/Dining Ceiling And A Modern Convenient Living Space With Over 800sf. Walk-Out to The Large Balcony From the Living Room Where You Can Dine Or Chill. Enjoy Cooking In The Modern Kitchen With Terrific Storage And Counter Space. Eat, Visit Or Work At The Kitchen Breakfast Bar. Main Floor 3pc Washroom With A Walk-In Shower. Front Foyer Closet With Storage Access. Enjoy A Peaceful Sleep In The 2nd Floor Primary Bedroom With A Walk-In Closet. Check Out the 2nd Floor 4pc Washroom With A Separate Laundry Room. Who Doesn't Love A Good Soak In A Bathtub! A Terrific Office/Den/Nursery Space Adjacent To The Bedroom. No Grass To Cut. No Snow To Shovel. Just Move-In And Show Off This King West Baby! Oh...And Attention Investors. This Building And Location Is A Must-Have **Just Professionally Painted**. **Just Professionally Cleaned**. **New Designer LED Fixtures**. Walk Outside And Enjoy All That King West Has To Offer. TTC Out Front. Everything Nearby Neighbourhood: Parks, Groceries, Restaurants, Liberty Village, Entertainment District, The Harbourfront, Bike Paths, Access To Highways

    ExtrasStainless Steel: Fridge, Stove, Built in Microwave/Fan, Built in Dishwasher. Stacked Washer & Dryer. All Existing Light Fixtures(LED). All Existing Window Coverings. Closet Shelving. Washroom Vanity Cabinets. Washroom Mirrors. Extra Storage Under the Stairs. Owned Underground Parking. Owned Locker. Gym, Party Room, Media Room, Visitor Parking.

    re/max hallmark realty ltd.MLS® #C12080926

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Living

    hardwood floor, Combined with Dining, Walkout To Balcony

    15.81 x 13.09ft

    Dining

    hardwood floor, Combined with Living, Open Concept

    15.81 x 13.09ft

    Kitchen

    hardwood floor, Breakfast Bar, Stainless Steel Appliances

    8.99 x 11.91ft

    Bathroom

    3 Piece Bath, Separate Shower, Built-in Vanity

    6.3 x 8.01ft

    Other

    Balcony

    16.8 x 3.22ft

    Primary

    Walk-in Closet, O/Looks Living, Metal Railing

    9.91 x 16.6ft

    Other

    Walk-in Closet, Led Lighting, Metal Railing

    4.69 x 5.77ft

    Office

    O/Looks Living, Led Lighting, Metal Railing

    6.2 x 9.61ft

    Other

    4 Piece Bath, Combined with Laundry, Built-in Vanity

    7.42 x 5.81ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    6/10
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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.

    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%


    Days on Strata

    Units at Electra Lofts & Townhouses spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the 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

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Electra Lofts & Townhouses offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Electra Lofts & Townhouses has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Electra Lofts & Townhouses yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Electra Lofts & Townhouses is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Electra Lofts & Townhouses

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$590,000 - $650,000$670,000$850,000 - $905,000$750,000
    Avg. Cost Per Sqft$933$874$985$1,011
    Avg. Wait for Unit Availability79 Days91 Days94 Days664 Days
    Ratio of Units in Building49%24%23%6%

    Market Inventory

    Total number of units listed and sold in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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