23 hours on Market

261 King St #402, Toronto, Ontario M5A 4T6

In the same building:
-
Condo
1 + 1
2
~1000-1199 sqft
$949,000
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Condo
1 + 1
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market23 hours

Estimated valueNot available

Price/Sqft$870/sqft

Monthly cost

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Description

Lofty Goals? Allow us to introduce you to a beauty Queen on King. Welcome to Abbey Lane Lofts, a quiet, boutique, 29-unit (pet-friendly) building located just steps from the St. Lawrence Market and some of the best shopping and dining in the 6ix. Unit 402 is one of only a few 2-storey layouts with a large private terrace, featuring palatial ceilings and soaring floor to ceiling loft windows to let in the natural light. Approximately 1100 sq ft of refined living space and a 100 sq ft terrace with the most coveted, private, North facing view in the building, screams to be entertained in. This Queen recently got a facelift with an upgraded kitchen, new paint throughout and new carpet. We love a versatile layout and this one allows a buyer to have OPTIONS. This 1 bedroom plus den could easily convert to 2 full bedrooms with large closets and the primary bedroom, which easily fits a king bed and room to spare for a Peloton (or honestly, a small yoga class) could be used as a living room, allowing for a huge, dining and office area on the main floor. Other remarkable features include: exposed ductwork, concrete walls, walk-in closet with organizers, a crawlspace in the powder room, gas line for a BBQ and water tap for your dream garden. The modern kitchen is insta-worthy and perfectly equipped with a gas stove for the home chefs, while the lighting throughout the home would make any photographer drool. 402 strikes a very rare balance between homey and impressive. Top 3 Reasons to Fall in Love: The Neighbourhood: Finding a quiet building in one of the most bustling neighbourhoods in Toronto is rare. Here, you are steps from transit, close to main driving arteries, some of the best shops and eats around. The Layout: The high ceilings of a loft, combined with the privacy of a house! 2-storey living is versatile and always makes a space feel larger. The Details: Real wood floors, modern quartz counters, exposed ducts, concrete walls and outdoor space ... Need we say more?


Property Details

StyleLoft
ViewCity
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC13632402
Community NameSt. Lawrence
Data SourceTRREB
Listing bySAGE REAL ESTATE LIMITED

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Foyer

2.26 x 2.04

2 Pc Bath / Closet / hardwood floor

Bathroom

2.04 x 1.83

2 Pc Bath / hardwood floor

Kitchen

2.87 x 2.47

hardwood floor / Stainless Steel Appl / Granite Counter

Living

4.65 x 3.93

hardwood floor / Window Flr to Ceil / Combined W/Dining


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


Elevator
Amenities

Bbqs Allowed, Elevator, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 4, 2026
ListedActive
$949,000
23 hours on market
history photo preview50
Listing by trreb®
Property listed by SAGE REAL ESTATE LIMITED, Brokerage
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Market Data - St. Lawrence

Geo Zone Map ThumbnailSt. Lawrence

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2025

35 days

2024

26 days

2023

17 days

New Listings

Past 30 days

89 listings

Compared to

2025

104 listings

2024

120 listings

2023

110 listings

Units sold

Past 30 days

33 units

Compared to

2025

34 units

2024

33 units

2023

34 units

Median Sold Price

Past 30 days

$608,000

Compared to

2025

$534,500

2024

$690,000

2023

$627,500


Population and Demographics

Overview

Total population 18285
Average household income $163,660

Age (%)

0 to 19
9%
20 to 34
39%
35 to 49
24%
50 to 64
16%
65 and plus
12%

Household composition (%)

Single person
56%
Single family
37%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
73%
Mandarin
4%
Spanish
4%
French
3%
Yue (Cantonese)
3%
Arabic
2%
Russian
2%
Others
1%
Korean
1%
Portuguese
1%

House tenancy (%)

Renters
56%
Owners
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget