$1,029,000 - 781 King Street Unit 302, Downtown Toronto
Condo for Sale in Downtown Toronto
89 days on market- MLS Number
- C12900874
- Property Type
- Condo
- Status
- active
- Days on Site
- 89
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
A classic original with a moodier modern edge. Built in 1917 and packed full of integrity, the Gotham Vintage Lofts is the kind of building design & architecture enthusiasts simply wait for. Only 54 lofts in total. No two are exactly the same. Real spaces with real bones. And this third-floor lover stretches over 1,050 square feet of air and open volume. Ten-foot ceilings overhead. Exposed brick and beam. Ductwork. And conduit. Long, uninterrupted sight lines from left to right. Wide, balanced, and perfectly proportioned. Industrial in all the right ways with enviable hardwood plank floors, white painted brick and warehouse windows dressed from top to bottom. Original materials left exactly as they should be. Authenticity never goes out of style, my friends. With an easy Northern exposure and steady natural light throughout the day, the space is soft and soulful from morning to night. The kitchen is striking, anchoring the space while making entertaining easy with streamlined cabinetry, smart storage, and bar seating that keeps conversation flowing without interrupting. The bedroom is tucked away at the back, creating separation, with a full ensuite, built-in closets, and the option to choose your television program without chirping (from you-know-who)! Bathrooms follow the same design language: simple, clean, and well considered. Stone counters, neutral tiles, and crisp lines that balance function with a touch of quiet style. Underground parking and storage are included, and a location that does the rest while also being quietly removed from the hustle to the East of Bathurst. Walkable streets, easy transit, and Stanley Park are just moments away. Not manufactured. Not overdone. Just a timeless Toronto loft doing exactly what it was built to do (and lovin' you back just the same & more).
Estimate your monthly payments for this property
Estimated Payment
$4,551.61/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
781 King Street Unit 302, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1029/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 89 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.