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    700 King Street W

    Clock Tower Lofts
    3for Sale
    2for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    14
    Number of Units:
    210
    Condo Completion:
    1998
    Condo Demand:
    Medium
    Unit Size Range:
    666 - 3,175 SQFT
    Unit Availability:
    Low

    Listing History for Clock Tower Lofts

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    Amenities

    Bike Storage
    Concierge
    Sauna
    Security System
    Rooftop Deck
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 700 King Street WClock Tower Lofts

    The Clock Tower Lofts (formerly the "Westside Lofts") may not have an industrial chronicle like some of its neighbours, but these authentic hard lofts still conjure up nostalgia for residents and their guests. In fact, the most noticeable of vintage elements at 700 King Street West can be viewed without stepping foot inside the building at all.

    In front of the more muted, yellow brick edifice, the front entrance and storefronts below are built of a prominent copper hue. Gazing upwards, one’s eye immediately freezes on the circular clock faces on either side.

    The clock tower that has told time for a passersby on Bathurst and King Streets is nothing new; the Toronto lofts within, however, are a modern addition to the King West neighbourhood. The Clock Tower Lofts were carved of a former office building in 2001, at which time the clock faces were even replaced by windows for one fortunate homeowner to enjoy.

    Contemporary amenities were also bestowed upon the building: residents can enjoy a gym, sauna, rooftop terrace, underground parking, and party room without ever leaving 700 King West.

    The Suites

    Throughout the 14 storeys, 216 downtown Toronto condos can be found. These lofts range from approximately 700 to 2,700 square feet, and contain one to three bedrooms each. The lofts benefit from their former lives as office spaces, especially when it comes to the ceiling heights that reach to 11 feet tall.

    Broad hallways and oversized windows are other nods to the structure’s past exploits that are greeted with a warm welcome by homeowners today.

    Each unit at the Clock Tower Lofts is bright and spacious. However, while other lofts lure buyers with their open concept layouts, these distinctive homes provide privacy that is a rarity in loft living.

    One unit within the clock tower itself takes advantage of those round windows, which reach from floor to ceiling to usher in warm sunlight as well as plenty of compliments from guests. Thanks to their variations in size and style, there are King West condos for sale at the Clock Tower Lofts for everyone — from a cozy first home for a newlywed couple to a residence fit for a family, complete with office, walk-in closet, and laundry room.

    The Neighbourhood

    In the King West neighbourhood, ultra-hip restaurants and bars are abundant. Residents can dress up and head out for a steak dinner at Jacobs and Co., or throw on a pair of blue jeans and grab a pie at Pizzeria Libretto. From casual bites to fine dining, one thing is for certain here: establishments know that without providing quality service they simply cannot survive here.

    Around Niagara, things become a little less chaotic. This mostly residential neighbourhood is scattered with a number of intimate contemporary art galleries. Parks are plentiful as well, with Stanley Park and Victoria Memorial Park each a few blocks from the Clock Tower Lofts. Alternatively, Trinity Bellwoods Park is not far off either — a Toronto favourite for tennis, fetch, and of course picnics.

    In terms of provisions, Fresh & Wild Food Market and the Kitchen Table are both just around the corner on King Street West. For more choice, a massive Loblaws is also in close proximity, at the corner of Queen and Portland.

    Transportation

    With its prime location in the midst of downtown Toronto, many residents of the Clock Tower Lofts will be pleased to walk and cycle around the neighbourhood. For farther journeys, however, the TTC is ready to assist: streetcars with service along King and Bathurst Streets both make stops right outside the front doors of 700 King West. The King Streetcar offers connections to St. Andrew station on the University-Spadina subway line, while Bathurst streetcars will carry passengers to Bathurst station on the Bloor-Danforth line.

    Drivers can access the nearby Gardiner Expressway in minutes, from which they can travel around the southern edge of the city and beyond. Bathurst Street is also a quick-moving route for north-south travel, especially handy for those looking for access to the 401.

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    3

    Listings For Sale

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    2

    Listings For Rent

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    Explore Neighbourhood

    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.
    6/10
    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

    Clock Tower Lofts vs The King West Area

    Days on Strata

    Units at Clock Tower Lofts spend an average of
    35
    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
    3.6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    72nd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 700 King Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$609,000No Data$670,000 - $851,000No DataNo Data
    Avg. Cost Per Sqft$801No Data$867No DataNo Data
    Avg. Wait for Unit Availability324 Days281 Days35 Days148 DaysNo Data
    Ratio of Units in Building6%6%75%14%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West