Listed for:Listed Sep 16, 2026
$949,000

Unit 402, 261 King Street E

Toronto (Moss Park), ON M5A 4T6

Condo Apartment For Sale
Abbey Lane Lofts exteriorAbbey Lane Lofts5 storeys, 30 suites, built 2002
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 402, 261 King Street E, Toronto, Moss Park

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 402, 261 King Street E, Toronto, Moss Park

Summarized Description

  • Unique 2-storey layout with private terrace.
  • High ceilings and floor-to-ceiling windows.
  • Upgraded kitchen with modern finishes.
  • Versatile layout allows for multiple configurations.
  • Pet-friendly building near St.
  • Lawrence Market.
  • Exposed ductwork and concrete walls add character.
  • North facing view for natural light.
  • Quiet building in a bustling neighborhood.

Our Queen Was In The New York Times! 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 carpet. 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 bedroom, which easily fits a king 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 remarkable 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 & always makes a space feel larger. Lofty Goals Met: Real wood floors, modern quartz counters, exposed ducts, concrete walls & outdoor space.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,665
Land Transfer Tax Fee
$30,910

Condo/Maintenance Fee

Maintenance Fee
$1,359 /month

Included In Maintenance Fee

  • Common Elements Included
  • Parking Included
  • Building Insurance Included
  • Water Included

Rental Items

Rental Equipment
Air Handler (2023) Air Conditioner Condenser (2023) On Demand Tankless Boiler (2022)

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Laundry Level
Upper Level
Interior Extras
None
View
City
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Terrace

Building Amenities

  • BBQs Allowed
  • Elevator
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Loft
Condo Corp Number
1503

Construction

Exposure
North
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Stainless Steel: Fridge, Gas Stove/oven, Dishwasher, Built in Microwave, Clothes Washer and Dryer, All Electric Light Fixtures. 1 Underground parking. Terrace Has Gas Line For BBQ and Water Tap For Hose.

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Ensuite

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level, Hardwood Floor, Window Floor to Ceiling, Combined w/Dining
  • Kitchen—
    Main level, Hardwood Floor, Stainless Steel Appl, Granite Counters
  • Den—
    Second level, Hardwood Floor, Walk-In Closet(s)
  • Primary Bedroom—
    Second level, Hardwood Floor, Window Floor to Ceiling, Double Closet
  • Bathroom—
    Second level, Tile Floor, 5 Pc Bath, Combined w/Laundry
  • Bathroom—
    Main level, 2 Pc Bath, Hardwood Floor
  • Other—
    Second level, Walk-In Closet(s), Hardwood Floor, Closet Organizers
  • Foyer—
    Main level, 2 Pc Bath, Closet, Hardwood Floor
  • Other—
    Main level, North View, Concrete Floor, Balcony

Washrooms

  • 2-piece, Main
  • 5-piece, Second

Municipality
Toronto
Neighbourhood
Moss Park
Main cross streets
King And Sherbourne
Directions
East of Sherbourne South Side of King

MLS® number
C13792080
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-16
Updated on
2026-10-09
Days on market
30 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
SAGE REAL ESTATE LIMITED

Home Market Value

Current home valuation for Unit 402, 261 King Street E, Toronto, Moss Park, Toronto, ON. Listed for $949,000

HOMEH Estimate

?

$912,854

Estimated Sales Range

?

$803,312 - $1,022,396

HOMEH Estimate for Unit 402, 261 King Street E, Toronto, Moss Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$912,854High confidence
Based on 15 comparable properties
+ $36,146 (4%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $449,000 over $500K

Minimum down payment

$69,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$35,151$26,477$22,586$0
=Total mortgage
$913,925$880,577$829,236$759,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,462monthly$4,299monthly$4,049monthly$3,707monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$15,455

Municipal (Toronto)

$15,455

Total Land Transfer Tax

$30,910

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