$739,000 - 833 King Street Unit 405, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
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- MLS Number
- C13812384
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $3,250
- Maintenance Fees
- $841/mo
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to the Tree House Loft at the Perfume Factory Lofts. A rare listing. A corner suite in a boutique 52-unit conversion of a 1930s Art Deco perfume factory. It sits exactly where King West's energy turns quiet: steps to the city's best restaurants and nightlife, yet perfectly tucked beside Stanley Park and away from the noise, with the future King-Bathurst Ontario Line station a short walk away. Open the sliding balcony door, and hear songbirds sing. A 22-foot wall of south-facing windows looks straight into a mature tree canopy and open sky, with no buildings in front, and a west window overlooks the park. Nearly 30 feet wide, with 10-foot ceilings and 740 sq ft (as measured), this suite is drenched in natural light and offers a footprint you simply don't find downtown. The open loft-style bedroom lives the way a true loft should, and the full-size U-shaped kitchen delivers more counter space than most downtown suites. Storage is exceptional, with a custom-built central feature wrapped on four sides by floor-to-ceiling cabinets and shelving. It also holds the most sought-after position in the building, right beside the gorgeous BBQ terrace overlooking Stanley Park, with al fresco dining, lounges and pergolas that, in a building this size, feel close to your own. Unobstructed views. No towers, no crowded elevators, just a quiet, exceptionally well-run building that people line up to live in. Note zero wait time, ever, for the elevator. Premium parking spot located next to the main lobby entrance. For the professionals who want authentic boutique loft living in King West, opportunities like this rarely come up. Parking and a locker included. Walk in any direction to the city's best amenities including: Ossington Strip, King West, Queen West, Stanley and Trinity-Bellwoods Park, Financial District, Gardiner, Lake and Porter Air.
Estimate your monthly payments for this property
Estimated Payment
$3,791.45/mo
Includes CMHC insurance ($20,618)
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 Niagara
Niagara 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 Niagara
- •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
Niagara 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.
833 King Street Unit 405, Downtown Toronto / Waterfront
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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 $1056/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. The $841/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Niagara
I know Niagara well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $3,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.