Low-Rise Condo

Electra Lofts & Townhouses

by Urbancorp Development

1029 King Street W, Toronto, ON M6K 3M9

Year Built

2002

Total Units

264

Avg $/sqft

$825

Storeys

Available Units in Electra Lofts & Townhouses

Units for sale

Units for rent

Live MLS · Updated daily

Overview

It’s hard to look at King West neighbourhood today and envision the way it was back in industrial times. But sometimes it’s important to think back, and to learn about this area’s significant history. Above all, an understanding of the neighbourhood’s past is interesting for those seeking King West condos for sale, as well as the homeowners who already call this neighbourhood home.

As the story goes, the Massey Ferguson Agricultural Company was the original proprietor of this land. Eventually, as the Toronto’s industrial production moved out of the city centre, many of the buildings were destroyed to make room for what was next.

And what was next, you might ask? Just take a walk along King West and see for yourself, how the neighbourhood has matured into a hotbed of culture and class.

Along with the businesses that have taken up residence here are buildings such as the Electra Lofts. This soft loft at 70 Douro and 1029 King West was constructed by Urbancorp in 2002, and brought a staggering 257 new homes to the area. The developers even managed to arrange the building so that each unit covers two storeys, while some townhouses are also located onsite.

Besides the homes, the Electra Lofts is home to retail businesses on the ground floor as well. And to top things off, exercise facilities and a party room both inhabit the building too.

Developer

Urbancorp Development

Year Built

2002

Property Type

Low-Rise Condo

Storeys

Total Units

264

Management

Horizon Property Management Inc

Amenities

Rec Room

Games Room

Fitness Centre

Visitor Parking

Theatre Room

Party Room

Price History

94 records

Loading history…

Market Stats

Prices in Electra Lofts & Townhouses are down 11.7% compared to last year.

$825

Avg $/sqft

-11.7%

YoY change

Avg days on market

Location & Walkability

Walk Score

94/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

61/100

Bike lanes & infrastructure

Neighbourhood in Toronto

King West

vibrant urban active

King West is a vibrant neighbourhood in Toronto known for its lively atmosphere. It offers a mix of urban living with access to various amenities.

No homes currently for sale No rental listings available Schools rated 7 Close to city amenities

Day to dayLivability

Schools near listings

out of 10 · averaged over 10 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

For rent

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Lively atmosphere with urban conveniences
Good school ratings
Access to various amenities

Keep in mind

No current housing options available
Prices may be above city median

The feel of the placeLifestyle

Daily life in King West is dynamic with many options for dining and entertainment. It attracts a diverse crowd looking for an active urban lifestyle.

Great for young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

1.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Pharmacies

Counted across all 1.2 km² of King West. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.4/10

Average rating of the 1 rated school in this area

Elementary

Secondary

Niagara Street Junior Public School
Public · Grades JK–6 · Toronto DSB
7.4/107.3 over 5 yrs
626th of 3,045 Ontario elementary schools
305 students · EQAO 2024-2025
ALPHA Alternative Junior School
Public · Grades JK–6 · Toronto DSB
Not rated
75 students
Oasis Alternative Secondary School
Public · Grades 9–12 · Toronto DSB
Not rated
80 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside King West, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

25,090

Population (2021)

1.1 km²

Area

22,396

People per km²

33.2

Median age

$98,675

Median income

46%

Own their home

1.6

People per household

15,860

Households

Every age

Children (under 15)6.3%
Working age (15–64)88.9%
Seniors (65+)4.8%

What is built here

Townhouses2.6%
Duplexes1.4%
Low-rise apartments6.1%
High-rise apartments89.3%

Own or rent

46%Owners

54%Renters

Across 15,860 households

When it was built

Mostly 2011–2015

1960 or earlier4%
1961–19802%
1981–19907%
1991–200010%
2001–200514%
2006–201015%
2011–201526%
2016–202123%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

32.3%
Born outside Canada: 72%
Hold a degree or higher: 79.9%
Employment rate: 22%
Commute by transit: 38.7%
Commute by car: 1.3
Children per family: $81,558
Median income after tax: $133,285
Average household income: 11.9%
Living on a low income: $2,062/mo
Renters pay, per month: $2,243/mo
Owners pay, per month: $742,732
Median home value at census: 43%
Renters spending 30%+ of income on housing: 33.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry