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    38 Niagara Street

    Zed Lofts
    0for Sale
    1for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    12
    Number of Units:
    112
    Condo Completion:
    2006
    Condo Demand:
    Low
    Unit Size Range:
    400 - 2,000 SQFT
    Unit Availability:
    Low

    Listing History for Zed Lofts

    Receive listing updates for King West

    Amenities

    Party Room
    Security System
    Visitor Parking
    Bike Storage
    Rec Room
    Rooftop Deck

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 38 Niagara StreetZed Lofts

    The mission of Zed Lofts’ creators is about more than just individual buildings: Shaping Beautiful CitiesTM is what TAS Design Build is really after. Naturally, the lofts at 38 Niagara Street are no exception, and other buildings in the King West area are lucky to call Zed Lofts its neighbour.

    TAS built Zed Lofts to be in harmony with its neighbourhood, and as a result architecture at 38 Niagara is considered a significant achievement in the realm of downtown Toronto residential structures since its completion in 2006.

    With just over 100 Toronto lofts, this soft loft residence is home to a community who appreciate the sophisticated use of glass, steel, and concrete for the exterior of their mutual quarters. Beyond the cool contemporary style, another perk is the rooftop space, where owners are welcome to enjoy the use of a shared barbecue while taking in sweeping views of Lake Ontario and the city above it.

    The Suites

    The lofts at 38 Niagara Street are contemporary yet raw. Clean lines, open concept living areas, hardwood floors, and modern appliances are paired with concrete ceilings and floor to ceiling windows. Most units are also outfitted with generously sized balconies, and due to Victoria Memorial Park next door, those facing east are afforded a brilliantly clear view.

    King West condos for sale at Zed Lofts come in all shapes and sizes, so whether a bachelor is all you’re after, or if you can make use of two bedrooms plus a den, there's surely something for everyone. Lofts range from 400 square feet at their smallest to a vast 2,000 square feet for the larger units. A few of the largest penthouse suites are even spread out over three storeys, so those wanting to work from home can be accommodated as well. If space is a concern for buyers who often play host, not to worry — the building comes equipped with guest suites and a party room.

    The Neighbourhood

    Since Zed Lofts welcomes residents from all walks of life, it is important that the neighbourhood can accommodate an eclectic bunch all the same. Thankfully, between the entertainment district’s lively bars, King Street West’s tantalizing food, Queen West’s art galleries and well-curated shops, and Harbourfront’s urban parks and activities on the lake, the area definitely delivers.

    In terms of more practical amenities, the Kitchen Table positions groceries a mere five minute walk away, while other options in the area include Fresh and Wild Food Market at King and Spadina or a rather extensive Loblaws at Bathurst and Queen.

    Also in the area are some great options for entertainment, including the Scotiabank Theatre and TIFF Bell Lightbox for movies, The Princess of Wales and Royal Alexandra theatres for plays, and the Rogers Centre for sporting games and popular concerts.

    Residents hosting out of town guests won’t have to travel far to show them popular Toronto sites such as the CN Tower, the ROM, the AGO, or the Toronto Islands.

    Transportation

    Located just seconds from Bathurst Street, the streetcars here will take residents north to Kensington Market, the Annex, the Bloor subway line, and beyond. A brisk walk up to King Street means access to the east-west King streetcars to Liberty Village, St. Lawrence Market, or the University-Spadina line of the subway.

    Driving from 38 Niagara is a breeze, as the Gardiner Expressway loops around the southern end of the city, connecting with the 427 to the West or the Don Valley Parkway to the East.

    Treks to the airport will also become less of a chore, with Billy Bishop Airport less than 10 minutes away by public transit. Pearson International Airport can also be reached in under an hour by way of the UP terminal at nearby Union Station.

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    Explore King West

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar lofts

    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

    Zed Lofts vs The King West Area

    Days on Strata

    Units at Zed Lofts spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    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
    5.9
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    54th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 38 Niagara Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$645,000$790,000No Data
    Avg. Cost Per SqftNo DataNo Data$972$1,012No Data
    Avg. Wait for Unit AvailabilityNo Data186 Days121 Days191 Days364 Days
    Ratio of Units in Building6%27%43%15%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West