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    506 - 569 King St E

    $699,9991 bd1 ba1 pk800 - 899 sqft
    7 Days on Strata
    $699,999
    1 Bed + 1
    1 Bath
    1 Parking
    800 - 899 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $688/mth

    Taxes:

    $2,918 (2024)

    Cost Per Sqft:

    $779 - $875/sqft

    Outdoor Space:

    Terrace

    Locker:

    Owned

    Exposure:

    South

    Possession Date:

    May 1, 2025

    Amenities

    BBQs Allowed
    Indoor Parking
    Security System
    Concierge
    Party Room
    Rooftop Deck
    Bike Storage
    Gym Room
    Visitor Parking

    About this Listing

    Client RemarksWelcome to modern loft living at its finest in the heart of Corktown! This stunning open-concept loft features 10-foot ceilings and floor-to-ceiling windows, showcasing unobstructed southern views that flood the space with sunlight all day long. Perfect for entertaining, the large living area flows seamlessly onto a huge balcony with a gas hook-up ideal for BBQs or relaxing in the sun while the recently updated kitchen boasts modern appliances, with a rough-in for a gas stove, perfect for the refined home chef looking to customize their space. With custom window blinds, a custom-built walk-in closet, and an excellent layout, this move-in-ready home offers both style and functionality, complete with in-suite washer/dryer and a large underground parking spot and locker. Enjoy the best of urban living with premium building amenities like a gym, party room, and rooftop patio, all just steps from the TTC, upcoming Ontario Line, and vibrant neighbourhoods like the Distillery District, St. Lawrence Market, Leslieville, and the Port Lands, with easy access to the Gardiner and DVP making this south-facing Corktown gem the perfect blend of luxury, convenience, and investment potential in one of Torontos most sought-after locations.

    housesigma inc.MLS® #C12051975

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Fan Coil

    Room Dimensions

    Living

    Concrete Floor, Open Concept, Walkout To Balcony

    23.69 x 13.62ft

    Dining

    Concrete Floor, Open Concept, Walkout To Balcony

    23.69 x 13.62ft

    Kitchen

    Concrete Floor, Quartz Counter, Stainless Steel Appliances

    23.69 x 14.76ft

    Primary

    Walk-in Closet, Semi Ensuite, Closet Organizers

    10.01 x 9.02ft

    Den

    Concrete Floor, Walkout To Balcony, Open Concept

    12.6 x 7.81ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Corktown - Toronto


    Commute Calculator

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    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!

    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%


    Days on Strata

    Units at Corktown District I Lofts spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    3.3
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 19 condos in the Corktown - Toronto area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Corktown District I Lofts offers the
    ?
    best value out of 19 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    Corktown District I Lofts has the
    ?
    highest ROI out of 19 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    Corktown District I Lofts yields the
    ?
    highest rent prices out of 19 condos in the Corktown - Toronto neighbourhood

    High Demand

    Corktown District I Lofts is the
    ?
    most popular building out of 19 condos in the Corktown - Toronto neighbourhood

    Market Insights

    Transaction Insights at Corktown District I Lofts

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$665,000$657,500 - $783,500$900,000No Data$1,200,000
    Avg. Cost Per Sqft$970$1,206$960No Data$843
    Avg. Wait for Unit Availability51 Days93 Days420 Days893 Days979 Days
    Ratio of Units in Building59%30%8%2%4%

    Market Inventory

    Total number of units listed and sold in Corktown - Toronto


    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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