Year Built
2011

by Streetcar Developments
549 King Street E, Toronto, ON M5A 3J5
Year Built
2011
Total Units
134
Avg $/sqft
$823
Storeys
7
1
Unit for sale
From $808,900
0
Units for rent
Live MLS · Updated daily
We wouldn’t call it a steadfast rule that the developer of a building determines its worth. However, there are a handful of soft loft designers operating in Toronto that never fail to impress. One of these tried and trusted developers is Streetcar Developments, and their creation at 549-569 King Street East and 52 Sumach Street is testament to their talent.
Besides innovative manufacturing that results in elegant residential buildings, Streetcar Developments also has a knack for selecting the perfect neighbourhood for each one. While overlooked by others, these developers opted for their 2011 project, a building aptly named the Corktown District Lofts I. The first of two sister buildings, including Corktown District II Lofts, this soft loft marked the beginning of what has since blossomed into a renaissance of the area.
Bright brick and glass make up the majority of the façade at the Corktown District Lofts I, with a concrete base enveloping storefronts below. Warehouse-style windows are a nod to the Corktown - Toronto neighbourhood's industrial past, while the overall vibe is modern and fresh.
The intimately sized residence reaches to a modest 7 storeys tall, and is technically comprised of three separate structures: one at 549 King Street East, another at 569 King East, and the last at 52 Sumach Street. Regardless of which building one lives in, residents of all three parts have access to common amenities, including a gym, movie theatre room, party room, barbecues, a meeting room, and visitor parking.
Developer
Streetcar Developments
Year Built
2011
Property Type
Low-Rise Condo
Storeys
7
Total Units
134
Management
Icon Property Management
Underground Parking
Fitness Centre
Rooftop Garden
Visitor Parking
BBQ Area
Party Room
Bike Storage
24/7 Concierge
$823
Avg $/sqft
-19.6%
YoY change
41
Avg days on market
Walk Score
91/100
Daily errands on foot
Transit Score
98/100
TTC, GO, subway access
Bike Score
75/100
Bike lanes & infrastructure
Neighbourhood in Toronto
Corktown is a neighbourhood in Toronto known for its community feel. It offers various amenities and is a vibrant place to live.
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
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.
What people love
Keep in mind
Daily life in Corktown includes enjoying local parks and dining. The area is suitable for families and those who enjoy community activities.
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.
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
What is built here
Own or rent
53%Owners
47%Renters
Across 2,905 households
When it was built
Mostly 2011–2015
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.
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)