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    225 - 1029 King St W

    $2,6001 bd1 ba1 pk644 sqft
    63 Days on Strata
    Est Lease Timeframe:
    16 Days
    $2,600/mth
    1 Bed
    1 Bath
    1 Parking
    644 SQFT

    Listing History


    Unit Highlights

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Possession Date:

    Immediately

    Lease Term:

    1 Year

    Utilities Included:

    Yes

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    North

    Locker:

    None

    Laundry:

    Upper

    Amenities

    BBQs Allowed
    Rec Room
    Guest Suites
    Security System
    Concierge
    Games Room
    Party Room
    Media Room
    Bike Storage
    Gym Room
    Visitor Parking

    About this Listing

    Welcome to this chic 1 bedroom, 1 bath, two-storey open loft condo in the stylish Electra Lofts condo building, located in the vibrant Liberty Village. This unique space offers the perfect combination of modern design, urban living, and convenience, making it an ideal home for professionals or couples looking to enjoy all that the city has to offer. This unit offers an open-concept living area with soaring ceilings that create a sense of grandeur and spaciousness. The lofts signature large windows flood the space with natural light, enhancing the bright and contemporary ambiance. The second-floor bedroom overlooks the living space, creating a true loft feel, while providing privacy and comfort. The building itself boasts a range of exceptional amenities for its residents. Stay fit and active with access to a large exercise room and a separate cardio room, perfect for maintaining a healthy lifestyle without leaving the building. Other features include a party room which is ideal for hosting larger gatherings. Other bonus features include 1 underground parking spot. This loft is the epitome of urban living, offering a perfect blend of luxury, convenience, and lifestyle.

    ExtrasFridge, Stove, Dishwasher, Built-in Microwave, Washer, Dryer, ELF's, Window Coverings

    re/max escarpment realty inc.MLS® #C11956453

    Fees & Utilities

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Forced Air

    Room Dimensions

    Living

    11.29 x 16.08ft

    Kitchen

    8.99 x 8.53ft

    Primary

    11.29 x 12.89ft

    Bathroom

    4 Piece Bath

    0 x 0ft

    Laundry

    0 x 0ft

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

    Explore King West


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    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
    You'll have a love-hate relationship with your gears. Mostly hate.

    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%


    Days on Strata

    Units at Electra Lofts & Townhouses spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    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
    4.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    40th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Electra Lofts & Townhouses offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Electra Lofts & Townhouses has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Electra Lofts & Townhouses yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Electra Lofts & Townhouses is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Electra Lofts & Townhouses

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$2,200 - $2,700$2,700 - $4,100$2,900 - $4,100$3,300
    Avg. Wait for Unit Availability39 Days103 Days80 Days158 Days
    Ratio of Units in Building49%24%23%6%

    Market Inventory

    Total number of units listed and leased in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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