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    506 - 549 King St E

    For SaleCorktown District I Lofts
    $679,000
    Price Cut: $699,000
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
    44 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $710/mth
    Taxes:
    $2,983 (2024)
    Cost Per Sqft:
    $970/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Terrace
    Exposure:
    West
    Possession Date:
    Oct/Nov/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Concrete Floor, Closet, Irregular Room
    20.87 x 3.74ft
    Living
    Concrete Floor, West View, Walkout To Terrace
    13.52 x 15.22ft
    Dining
    Concrete Floor, Open Concept, Combined with Kitchen
    7.97 x 15.19ft

    About this Listing

    Experience stunning city skyline views day and night from this expansive 1-bedroom loft in a chic boutique building nestled in the heart of vibrant Corktown! Step into luxury beyond your average 1 bedroom condo - approx 700 sq ft plus a 100 sq ft terrace with BBQ hookup, 10-foot ceilings, floor-to-ceiling windows, exposed ductwork, and polished concrete floors. This has a 'wow factor' that never falls to bring a rush of pleasure as you step into your home. A proper foyer w front hall closet welcomes guests, then follow a hallway (hello gallery wall!) before a spacious layout unfolds before you, featuring wall-to-wall windows and sweeping southwest views. This is your ultimate social hub and private retreat, a bright, airy oasis bathed in natural light for everyday living. Weekends mean strolls to St. Lawrence Market followed by culinary adventures in the fully renovated kitchen boasting ceiling-height storage, updated appliances, and an island with waterfall quartz counters. There's enough space to gather friends around a dining room table before retiring to the expansive living area (large enough to accommodate an additional work from home setup), before capping off the evening on the 6 ft x 16 ft terrace, soaking in gorgeous twilight vistas. The "King sized" primary bedroom accommodates a full suite of furniture & double closet (w room to walk around the bed - the luxury!), located close to the updated main bathroom w on-trend black hardware and updated vanity with maximized drawer storage. Additional improvements include an updated laundry area with a high end all-in-one washer/dryer (ducting exists for separate machines if desired) w extra built-in storage space. 1 parking spot w conveniently located adjacent locker (apprx 3 x 5.8 ft) included.The location is unparalleled - a 98 walk score, step out your front door to miles of nature trails, Distillery District, King St East design district, countless cafes/restaurants & bars.

    ExtrasEasy access to transit, DVP, Gardiner. Enjoy the Corktown District Loft Amenities including gym, party room, concierge & more. Huge rooftop terrace w bbq, seating areas & city views in the building. Visitor parking in 510 King St.

    re/max all-stars realty inc.MLS® #C9242812


    Amenities

    Security System
    Gym Room
    Party Room
    Rooftop Deck
    Concierge
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Corktown District I Lofts vs The Corktown - Toronto Area

    Days on Strata

    Units at Corktown District I Lofts spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    3.4
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 16 condos in the Corktown - Toronto area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Corktown District I Lofts offers the
    ?
    best value out of 16 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    Corktown District I Lofts has the
    ?
    highest ROI out of 16 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    Corktown District I Lofts yields the
    ?
    highest rent prices out of 16 condos in the Corktown - Toronto neighbourhood

    High Demand

    Corktown District I Lofts is the
    ?
    most popular building out of 16 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 549 King Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$485,000 - $635,000$657,500 - $780,000$783,500 - $900,000No Data$1,200,000
    Avg. Cost Per Sqft$1,040$967$1,338No Data$843
    Avg. Wait for Unit Availability49 Days94 Days420 Days893 Days1194 Days
    Ratio of Units in Building59%29%9%2%4%

    Transactions vs Inventory

    Total number of units listed and sold in Corktown - Toronto