1029 King St W Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


1029 King St W, Toronto M6K3M9

Electra Lofts was built by Urbancorp and completed in year 2001.

There are total 6 floors and approximately 213 units.

The building currently has 1 units on sale, and 0 for lease.

Condo monthly management fee includes: Heat, Water, Hydro and Air Conditioning.

Condo facility includes: Gym, Concierge, Visitor Parking and Party/Meeting Room.

Condo Building Analysis

For Sale

Condo values have decreased 3.4% compared with the same period last year.

Maintenance costs have increased 5.7% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$710 – $820/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.42 – $4.47/sqft

How This Condo Compares

Price Position
3.4% Lower
Recent sale prices are below similar-age condos in the community.
Maintenance Cost
5.5% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
14% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 71% of residents hold a bachelor's degree or higher, while about 15% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

GTA Go Train Exhibition Go Train Station (0.6km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
208 1 1 1 < 700 184,900


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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