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    406 - 781 King St W

    For SaleGotham Lofts
    $1,389,000
    2 Beds
    2 Bath
    2 Parking
    1,500 SQFT
    2 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Hard Loft
    Maintenance Fees:
    $1,456/mth
    Taxes:
    $5,551 (2023)
    Cost Per Sqft:
    $926/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Large Window
    14.24 x 13.58ft
    Dining
    Hardwood Floor, Large Window
    12.3 x 13.42ft
    Kitchen
    Stainless Steel Appliances, Stone Counter
    14.04 x 11.58ft

    About this Listing

    Large hard loft alert in the heart of Toronto's Fashion District! This impressive, rarely available, approximately 1430 square foot unit in the iconic Gotham Lofts building does not disappoint. The rich history of this building that used to be a harness factory is immediately apparent from the moment you arrive. Be sure to admire the beautifully restored facade before entering through the restored double doors with arched glass transom to the elegant, renovated Art Deco style lobby and elevators. Suite 406 is distinguished by post & beam exposed wood, girthy timber columns, soaring ceilings with cedar slats, massive windows & original 1917 exposed yellow brick. A generous foyer complete with a front hall closet welcomes you to the versatile open concept living and dining space awash with natural light and flanked by 2 large split bedrooms, each with a spa-like ensuite bathroom. Plus a den with a door! Huge chef's kitchen with sleek quartz counters, custom backsplash, a breakfast bar and new stainless steel appliances. Hardwood floors, freshly painted, and equipped with extensive storage and closets throughout. Dramatic east facing windows overlook a landscaped courtyard. 2 owned parking spots underground. This loft is the full package - an entertainer's delight full of character and comfort situated in a superb location & a quiet building. Walk score of 99, transit score of 95.

    royal lepage real estate services ltd.MLS® #C9379701


    Amenities

    Party Room
    Concierge
    Bike Storage
    Security System
    Visitor Parking
    Gym Room

    Explore Neighbourhood

    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
    The bike lane starts to feel like a second home.

    Similar Listings

    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%

    Maintenance Fees

    Gotham Lofts vs The King West Area

    Days on Strata

    Units at Gotham Lofts spend an average of
    5
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Gotham Lofts offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Gotham Lofts has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Gotham Lofts yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Gotham Lofts is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 781 King Street W

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$734,000 - $755,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,032No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data126 Days1570 Days372 Days
    Ratio of Units in Building6%83%6%8%

    Transactions vs Inventory

    Total number of units listed and sold in King West