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    639 - 1029 King St W

    $639,9001 bd1 ba1 pk651 sqft
    39 Days on Strata
    Est Sell Timeframe:
    9 Days
    $639,900
    Price Increase: $599,900
    1 Bed
    1 Bath
    1 Parking
    651 SQFT

    Listing History


    Unit Highlights

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Maintenance Fees:

    $527/mth

    Taxes:

    $2,461 (2024)

    Cost Per Sqft:

    $983/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South

    Possession Date:

    To Be Arranged

    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 home to this south facing 1 bedroom @ Electra Lofts. Soaring 17ft ceiling and functional unit spread across 2 floors in an intimate boutique building. Entertainer's kitchen w quartz counters & breakfast bar. Primary retreat w walk in closet & 4 piece ensuite bath w deep soaker tub & ample storage. Enjoy the sunset on your personal outdoor space. Ensuite laundry, ALL UTILITIES, locker & EV parking* included.

    ExtrasAmenities incl state of the art gym, party room & visitor parking. Starbucks, Tim Hortons, grocery & one of a kind food establishments in walking distance. Public transit at doorstep. *Photos are before tenant occupied *

    century 21 atria realty inc.MLS® #C11991217

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Walkout To Balcony, Concrete Floor

    11.98 x 9.02ft

    Dining

    Ceramic Floor, Open Concept, Combined with Living

    16.08 x 11.98ft

    Kitchen

    Breakfast Bar, Concrete Floor, Custom Backsplash

    11.98 x 16.08ft

    Primary

    hardwood floor, 4 Piece Ensuite, Walk-in Closet

    12.14 x 11.98ft

    Buyer's Market
    Balanced
    Seller'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$590,000 - $660,000$670,000$850,000 - $905,000$750,000
    Avg. Cost Per Sqft$979$874$985$1,011
    Avg. Wait for Unit Availability76 Days88 Days94 Days664 Days
    Ratio of Units in Building49%24%23%6%

    Market Inventory

    Total number of units listed and sold 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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