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    781 King Street W

    2for Sale
    2for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    8
    Number of Units:
    54
    Condo Completion:
    1996
    Condo Demand:
    High
    Unit Size Range:
    400 - 1,500 SQFT
    Unit Availability:
    Low

    Listing History for Gotham Lofts

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    Amenities

    Bike Storage
    Concierge
    Gym Room
    Party Room
    Security System
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 781 King Street WGotham Lofts

    Before we get to the building, let us first address the elephant in the room — no, Batman doesn't live here, and if he did, we would never tell you...

    The Gotham Lofts is an oldie, but a goodie, and in more ways than one. To start, the building was constructed about a century ago, in 1917. Moreover, the building at 781 King Street West has been enjoying its second life as a converted residential loft since 1997. And finally, these authentic hard lofts are simply spectacular to look at.

    As if the original sale of the lofts at 781 King West wasn’t enough, the building’s desirability was authenticated yet again in 2012, when five bidders battled it out for a unit that happened to reappear on the market. Naturally, this loft sold for more than the asking price, an episode likely fueled by the fact that turnover rate at the Gotham Lofts is notoriously low.

    Canadian Equity and Development Corp, who converted the Gotham Lofts in the late 1990s, were able to create 54 Toronto lofts in the process. These homes now stand in the very place where horse harnesses were once manufactured. In fact, the building was used as a textile factory after that, before its final residential conversion.

    Commercial storefronts can be found on either side of the Gotham lofts, with a Shoppers Drug Mart just steps from the front doors of 781 King West. Some other amenities can even be found within the building itself. Residents can get a workout in without leaving the building, while a party and a meeting room are also available for use. The building even boasts a security guard and visitor parking, to top it all off.

    The Suites

    Beyond the exterior, the lobby is yet another hint as to what these homes will look like. Antique brass railings, exposed yellow brick, and wooden posts and beams decorate this common space. Once upstairs, exposed yellow brick is a frequent fixture, as well as the gas fireplaces and granite countertops that grace many of the lofts at 781 King West.

    With only 54 lofts to choose from, the range in size and scope at the Gotham Lofts is pretty impressive. Smaller units start at around 600 square feet, and contain one bedroom. Two bedroom units, on the other hand, can reach to up to 1,600 square feet large. No matter the size, all King West condos for sale in the building feature open concept layouts and generously sized windows.

    The Neighbourhood

    Interestingly enough, the King West neighbourhood really began to boom around the same time of these lofts’ conversion. Today, the building is as sought-after by residents as the neighbourhood itself is by shop owners and restaurateurs.

    So while elegant boutiques and crafty cocktail bars line King West, especially in the strip just east of Bathurst Street, cultural spaces are abundant as well. A number of contemporary art galleries can be found along Niagara and Tecumseth, while King and Queen West are also great options for Sunday afternoons spent gallery hopping.

    In terms of green space, Stanley Park is only a few blocks away from the Gotham Lofts, where an off-leash dog park and an outdoor swimming pool await. The south end of Trinity Bellwoods Park can also be accessed via Queen Street West, which is only a short walk away for residents.

    Lake Ontario is also within reach, along with the many activities that inhabit its shores. Summer months obviously require at least a few trips to the beach, while skating at Harbourfront offers hours of entertainment once the snow starts to fall.

    Transportation

    Residents of 781 King Street West can travel around Toronto with or without a vehicle of their own. Drivers will enjoy living close to the Gardiner Expressway, which carries cars west toward the 427 or East to the Don Valley Parkway. Bathurst and Dufferin are also ideal northwest routes, with the lack of streetcars on the latter making for slightly faster flowing traffic.

    Those who prefer to pedal their way around the city can hop onto the bicycle lanes on Richmond and Adelaide Streets for a safe route to and from the Financial District. Alternatively, the Strachan Avenue bike lanes lead cyclists toward the Martin Goodman Trail, a carless path that stretches along the shores of Lake Ontario for a total of 56 kilometers.

    While Toronto isn’t legendary for its amazing public transportation, residents living at 781 King West can get around using the TTC thanks to its central location. Streetcars stop just outside, at King and Tecumseth or King and Niagara, depending on which way you walk. A quick ride will land passengers at St. Andrew Station, on the University-Spadina line.

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    2

    Listings For Sale

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    Explore Neighbourhood

    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
    The bike lane starts to feel like a second home.

    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

    Gotham Lofts vs The King West Area

    Days on Strata

    Units at Gotham Lofts spend an average of
    2
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 781 King Street W

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$755,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,054No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data126 Days1570 Days372 Days
    Ratio of Units in Building6%83%6%8%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West