513 - 700 King Street W

Nestled in the vibrant neighbourhood of Niagara, the apartment for sale in Toronto at 700 King Street W, Toronto, offers a unique blend of historic charm and contemporary living. This stunning condo apartment, situated in the iconic Clock Tower Lofts, is a prime example of authentic hard loft living. Originally a historic piano factory, this building has been transformed into one of Toronto's most sought-after residences, combining industrial aesthetics with modern comforts.

This apartment for sale in Toronto boasts a spacious layout with two well-appointed bedrooms and two bathrooms, making it ideal for both individuals and small families. The south-facing suite, located on the fifth floor, features impressive 13-foot ceilings that enhance the sense of space and light throughout the home. The exposed ductwork and hardwood floors add to the industrial charm, while the large windows provide a beautiful view of the bustling city below.

The apartment's open-concept design is perfect for both everyday living and entertaining. The flat kitchen is equipped with stone countertops and a breakfast bar, allowing for casual dining and socialising. The primary bedroom includes an ensuite bathroom, complete with a large storage closet, providing a private retreat. The second bedroom is cleverly designed with a murphy bed and desk, offering flexible space that can easily adapt to your needs. This thoughtful layout ensures that every inch of the apartment is utilised efficiently.

Residents of this building enjoy a range of modern conveniences. Although there is no pool or fireplace, the central air conditioning ensures a comfortable living environment year-round. Additionally, the apartment is unfurnished, allowing new owners to personalise the space to their taste. Internet access is readily available, making it easy to stay connected, whether for work or leisure.

Parking is a significant advantage of this apartment for sale in Toronto, with one underground garage space included. This feature is particularly valuable in a city where parking can often be a challenge. The building itself has been exceptionally well-maintained, with newly renovated hallways completed this year and a stunning, award-winning lobby redesign that was finished in 2020. These enhancements contribute to a refreshed living environment that residents can be proud of.

One of the standout features of this apartment for sale in Toronto is the rooftop terrace, which provides a perfect setting for summer evenings. Residents can enjoy panoramic views of the city while grilling and entertaining friends, making it an ideal spot for social gatherings. The location at 700 King Street W, Toronto, places you within walking distance of some of the city's best restaurants, cafés, and nightlife, ensuring that you are never far from the action.

Moreover, the neighbourhood is home to multiple dog parks, catering to pet owners and offering green spaces for relaxation. The ongoing development of the Ontario Line, expected to be completed in the early 2030s, is likely to further enhance the value of this apartment for sale in Toronto, making it a wise investment for the future.

In summary, this apartment for sale in Toronto at 700 King Street W, Toronto, presents a rare turnkey opportunity in one of downtown's most desirable neighbourhoods. With its combination of historic charm, modern amenities, and an enviable location, this condo apartment is not to be missed. Whether you are looking for a new home or a lucrative investment, this property offers exceptional value and a lifestyle that is hard to beat.

Niagara, nestled within the vibrant city of Toronto, is a dynamic neighbourhood that beautifully blends urban living with a touch of natural charm. Located just south of the bustling downtown core, it offers stunning views of Lake Ontario and easy access to the waterfront, making it a perfect spot for outdoor enthusiasts. The area is characterised by its diverse architecture, ranging from modern condominiums to historic buildings, and is home to a variety of shops, cafes, and restaurants that reflect the eclectic spirit of the city. With excellent public transport links and proximity to cultural attractions, parks, and recreational facilities, Niagara provides a lively yet relaxed atmosphere that appeals to a wide range of residents, from young professionals to families seeking a vibrant urban lifestyle.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. Within just 0.4 km, you'll find Niagara Street Junior Public School, a well-rated public elementary school (7.4) catering to grades JK to 6. St. Mary Catholic School, also nearby at 0.2 km, offers both English and French instruction for grades JK to 8 and has a rating of 5.7. For older students, Harbord Collegiate Institute, located 2.1 km away, is a highly-rated secondary school (8.8) serving grades 9 to 12. Additionally, the Downtown Vocal Music Academy and Ryerson Community School, both within 0.8 km, provide unique educational experiences, although their ratings vary, with Ryerson rated at 3.8. For Catholic secondary education, St. Joseph's College School is 2.5 km away and has a solid rating of 7.6. This diverse selection of schools ensures that families have access to quality education options right at their doorstep, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 764 residents, with an average household size of 1.9 individuals. The demographic profile indicates a relatively mature community, with an average age of 39.6 years. The average household income is notably high at $114,000, although 14% of the population falls within the low-income bracket. Housing prices are substantial, with an average price of $940,000, reflecting the area's desirability. A significant portion of the population, 56.62%, is single, while 25.64% of households have children, suggesting a mix of family structures. The community is diverse, with 52.2% of residents being immigrants, contributing to its vibrant cultural landscape. Renting is common, as evidenced by 50% of residents being renters, and 53.66% of the housing stock consists of condominiums. Education levels are high, with 63.35% of residents holding a college or university degree. However, a notable 29.81% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for potential homebuyers and investors.