$949,000Asking Price
261 King Street E 402, Toronto, ON M5A 4T6 #402
St. James, Toronto
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 flooring. 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, which easily fits a king-sized 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 impressive 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?
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 flooring. 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, which easily fits a king-sized 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 impressive 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?
See MoreKey Info
- Loft Condo
- 1 Parking
- King And Sherbourne
- 1000-1199 Approximate Sq Feet
- North Exposure
- Ensuite Laundry
- Ensuite Locker
- Forced Air Gas Heating
- Central Air
Property
- $1,358 Monthly Condo Fees
- Includes: Water, Common Elements, Building Insurance, Parking.
- Excludes: Heat, Hydro, Cable TV, Central A/C
- Amenities: Visitor Parking
- Taxes were $4,665 in 2026
- Possession: Flexible 30/60
Details
- Elevator
- Brick Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #1503
- Condo Registry Office: TSCP
- MLS #C13632402
- SAGE REAL ESTATE LIMITED
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 7.41' x 6.69' | 2-PieceBath, Closet, Hardwood Floor |
| 2 | Bathroom | Main | 6.69' x 6.00' | 2-PieceBath, Hardwood Floor |
| 3 | Kitchen | Main | 9.42' x 8.10' | Hardwood Floor, Stainless Steel Appliances, Granite Counters |
| 4 | Other | Main | 15.26' x 6.30' | North View, Concrete Floor, Balcony |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 5-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
St. James, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
0.4
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
54%
of residents are
single and loving it.
54% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
47%
of residents
are renters.
47% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
74%
of residents are
university grads.
74% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$160K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 19% |
| Management | 14% |
| Government | 14% |
| Sales | 12% |
| Sciences | 9% |
Immigrants
33%
of residents were
born outside of Canada.
33% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.0% from China
All-time
Birthplace - Recent
1.1% from China
Recent
Foreign Languages
Foreign Languages
| French | 4% |
| Cantonese | 3% |
| Spanish | 2% |
| Russian | 2% |
| Mandarin | 2% |
Religions
Religions
| Christian | 48% |
| Muslim | 4% |
| Hindu | 3% |
| Jewish | 3% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
6
Homeless shelters in
the neighbourhood.
