The Derby Lofts condo building exterior
Low-Rise Condo

The Derby Lofts

by Derbyco Development Corp.

393 King Street E, Toronto, ON M5A 1L3

Year Built

1990

Total Units

26

Storeys

4

Available Units in The Derby Lofts

0

Units for sale

0

Units for rent

Live MLS · Updated daily

Overview

Character and quiet in downtown Toronto. Located in the charming Corktown neighbourhood, this four-storey building is perfect for those who are tired of towering high-rises and looking for a little more space. The building has a parking garage but otherwise limited amenities, and your wallet will thank you for that; Derby Lofts offers a comfortable home without all the extra bells and whistles that often come with increased maintenance fees. There are 26 Toronto lofts in the building, all of which are two floor soft-lofts.

393 King has a ton of character — with its red brick exterior and panelled windows, its look is reminiscent of a firehall. The building features large windows and rooftops terraces, allowing for plenty of opportunities to take in sunlight.

Toronto condos for sale at Derby lofts are ideal homes for young professionals and new families. The building is pet-friendly, as is the neighbourhood, with a nearby dog park and many green spaces in the area. You’ll find plenty of restaurants and cafés in the immediate vicinity, and you’re just a short walk from the core of the historic Distillery District.

Developer

Derbyco Development Corp.

Year Built

1990

Property Type

Low-Rise Condo

Storeys

4

Total Units

26

Management

Nadlan-Harris Property Management

Amenities

Underground Parking

Security System

Price History

12 records
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Market Stats

—

Avg $/sqft

Steady

YoY change

70

Avg days on market

Location & Walkability

Walk Score

96/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

75/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Corktown - Toronto

community-oriented family-friendly active vibrant

Corktown is a neighbourhood in Toronto known for its community feel. It offers various amenities and is a vibrant place to live.

At a glance

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

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Recently leased

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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

  • Diverse dining options
  • Good access to parks
  • Family-friendly schools
  • Plenty of grocery stores
  • Active community with gyms

Keep in mind

  • No current properties for sale or rent
  • Limited public transit options

The feel of the placeLifestyle

Daily life in Corktown includes enjoying local parks and dining. The area is suitable for families and those who enjoy community activities.

Great for families young professionals community-focused individuals

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside Corktown - Toronto's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

4,787

Population (2021)

0.8 km²

Area

5,964

People per km²

34.4

Median age

$94,000

Median income

53%

Own their home

1.6

People per household

2,905

Households

Every age

  • Children (under 15)7.8%
  • Working age (15–64)85.7%
  • Seniors (65+)6.5%

What is built here

  • High-rise apartments99.8%

Own or rent

53%Owners

47%Renters

Across 2,905 households

When it was built

Mostly 2011–2015

  • 1960 or earlier1%
  • 1961–19800%
  • 1981–19901%
  • 1991–200010%
  • 2001–20056%
  • 2006–201011%
  • 2011–201538%
  • 2016–202135%

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.

34.4%
Born outside Canada
66.1%
Hold a degree or higher
76%
Employment rate
23.8%
Commute by transit
46.4%
Commute by car
1.5
Children per family
$78,000
Median income after tax
$123,100
Average household income
13.2%
Living on a low income
$1,980/mo
Renters pay, per month
$2,280/mo
Owners pay, per month
$700,000
Median home value at census
41.3%
Renters spending 30%+ of income on housing
31.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, © OpenStreetMap contributors (ODbL)