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    399 Adelaide Street W

    1for Sale
    1for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    10
    Number of Units:
    158
    Condo Completion:
    2013
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,299 SQFT
    Unit Availability:
    Medium

    Listing History for Lofts 399

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    Amenities

    Concierge
    Security System
    Gym Room
    Visitor Parking
    BBQs Allowed
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 399 Adelaide Street WLofts 399

    The lettering atop an entrance reads “LOFTS 399” in big and bold print, mimicking the sentiment of the building itself. The structure, as well as the contemporary Toronto lofts contained within it, is modern, bright, and confident. For these reasons, young professionals in search of that distinctive loft feel would be wise to consider King West condos for sale at 399 Adelaide Street West.

    With a comfortable 10-storey height, the Lofts 399 building is anything but overbearing. Instead, the structure complements its surroundings perfectly. Without offending neighbours with its size, the building exudes confidence through its sleek exterior of cool grey brick, glass, concrete, and steel.

    The building also boasts a secret garden of sorts. An outdoor atrium is loaded with greenery, as well as a waterfall feature for serenity and relaxation. This common space is tucked neatly away from the bustling streets of downtown Toronto, only for residents to enjoy. Other amenities offered to residents include a state-of-the-art gym, a resistance pool, and a common rooftop terrace for taking in views of the city.

    The Suites

    Throughout the 10 storeys of the Lofts 399, 173 modern soft lofts can be found. Lofts range in size in order to suit the diverse needs of urban residents, from around 400 to 1,300 square feet. Single professionals may opt for smaller units with one bedroom, while lofts with more space — up to two bedrooms plus den — can be enjoyed as a home for a small family or even made into a live-work space.

    Regardless of size, those coveted high ceilings are unwavering, typically reaching 10 feet tall. Other quintessential loft qualities include open concept layouts, floor to ceiling windows (and their complementary natural sunlight), and exposed concrete finishes.

    While hard loft conversions can sometimes be dated, the 2013 completion date of the soft lofts at 399 Adelaide Street West equate to modern appliances, and contemporary designs for residents to enjoy.

    The Neighbourhood

    Located in the trendy King West neighbourhood, Lofts 399 resides in an ideal neighbourhood for busy urbanites. Along King Street West, shops, galleries, restaurants and bars offer endless forms of entertainment.

    The Thompson Hotel, boasting a rooftop lounge and pool as well as a 24-hour diner, caters to night owls living at 399 Adelaide West. Alternatively, those looking to spend time in the natural world will love the proximity of these lofts to large parks like Trinity Bellwoods Park, Garrison Commons, and Coronation Park. The Martin Goodman Trail is another option, leading cyclists or pedestrians in either direction along the balmy shores of Lake Ontario.

    Major attractions and venues are also within reach of 399 Adelaide Street West. Film Buffs will become regulars at the Scotiabank Theatre and the Tiff Bell Lightbox, both of which are just around the corner. For live performances, the Royal Alexandra and Princess of Wales Theatres offer a nonstop roster of carefully selected plays, while Roy Thompson Hall across the way is home to the Toronto Symphony Orchestra.

    Transportation

    For those working within the downtown core, Adelaide and Richmond are indispensable routes for commutes toward and returning from the financial district. Cyclists can partake in the same journey as drivers, seeing as these roads are equipped with bike lanes.

    For those making lengthier journeys, streetcars along King or Queen Streets will carry passengers east or west, and offer connections to St. Andrew or Osgoode stations, respectively. Spadina is an equally convenient route that carries travelers north and south, by both car and public transit.

    For inter-city travel, or even international trips for that matter, Lofts 399 is located only a few subway stops or a short streetcar ride away from Union Station. From here, residents can continue their journeys with VIA Rail trains, GO Transit buses or trains, and the UP service to Pearson International Airport. As well, the Billy Bishop Toronto City Airport is also a quick drive or streetcar ride away from 399 Adelaide West.

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    Explore King West

    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.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    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

    Lofts 399 vs The King West Area

    Days on Strata

    Units at Lofts 399 spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    6.3
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    61st
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Lofts 399 offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Lofts 399 has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Lofts 399 yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Lofts 399 is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 399 Adelaide Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$740,000 - $796,000$815,000 - $950,000$999,800No Data
    Avg. Cost Per SqftNo DataNo Data$947$950$878No Data
    Avg. Wait for Unit AvailabilityNo Data128 Days56 Days192 Days268 DaysNo Data
    Ratio of Units in Building2%25%49%17%10%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West