Sold for:Sold Mar 11, 2025
$775,000

Unit 408, 261 King Street E

Toronto (Moss Park), ON M5A 4T6

Condo Apartment SoldNot available
Abbey Lane Lofts exteriorAbbey Lane Lofts5 storeys, 30 suites, built 2002
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 408, 261 King Street E, Toronto, Moss Park

2025-03-03
2025-03-11
Sold
Price
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MLS#
c11998440
2025-02-21
2025-03-03
Terminated
Price
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2025-02-21
2025-02-22
Terminated
Price
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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 408, 261 King Street E, Toronto, Moss Park

Priced to Sell ~ Abbey Lane Lofts | Spacious 1Bed+Den in a Coveted Boutique Building | A rare opportunity to own a 1,296 sq. ft. loft in a boutique building with only 29 units. Featuring floor-to-ceiling windows and soaring ~11 ceilings, this stylish space boasts exposed spiral ductwork and exposed concrete details for a true loft aesthetic. The south-facing primary bedroom includes twin double closets, while the versatile den can easily function as a second bedroom or home office. Thoughtful design includes a main-floor powder room and an oversized second-floor bath with a soaker tub and tiled shower. Located just steps from King St. shops, top restaurants, the streetcar, and the St Lawrence Market District. Property is being offered 'as-is' at a discounted price that must close by April 1st.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,943
Land Transfer Tax Fee
$23,950

Condo/Maintenance Fee

Maintenance Fee
$1,354 /month

Included In Maintenance Fee

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

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Terrace

Building Amenities

  • BBQs Allowed

Building

Building Type
Condo Apartment
Building Style
2-Storey
Condo Corp Number
1503

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Unknown

Parking & Garages

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

Lockers

Locker Type
Owned
Locker Unit
22
Locker Level
02

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, Laminate, Window Floor to Ceiling, W/O To Terrace
  • Dining Room—
    Main level, Laminate, Halogen Lighting, Open Concept
  • Kitchen—
    Main level, Laminate, Centre Island, Granite Counters
  • Primary Bedroom—
    Upper level, Laminate, Double Closet, Window Floor to Ceiling
  • Den—
    Upper level, Laminate, B/I Closet, Open Concept
  • Foyer—
    Main level, Laminate, 2 Pc Bath, Closet

Washrooms

  • 4-piece, Upper
  • 2-piece, Main

Municipality
Toronto
Neighbourhood
Moss Park
Main cross streets
King & Sherbourne
Directions
At Princess St.

MLS® number
C11998440
Data source
Toronto Regional Real Estate Board
Status change
2025-03-11
Listed on
2025-03-03
Days on market
8 days
Possession date
2025-04-01
Possession type
Immediate
Co-op commission
2.5
Seller
Listed by
RE/MAX HALLMARK EMERSON GROUP REALTY LTD.

Home Market Value

Current home valuation for Unit 408, 261 King Street E, Toronto, Moss Park, Toronto, ON. Listed for $775,000

HOMEH Estimate

?

$822,829

Estimated Sales Range

?

$650,035 - $995,623

HOMEH Estimate for Unit 408, 261 King Street E, Toronto, Moss Park

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

$822,829Medium confidence
Based on 15 comparable properties
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:6.8%

5% on first $500K + 10% on $275,000 over $500K

Minimum down payment

$52,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,892$21,623$18,445$0
=Total mortgage
$751,192$719,123$677,195$620,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,668monthly$3,511monthly$3,306monthly$3,027monthly
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Land Transfer Tax

Provincial

$11,975

Municipal (Toronto)

$11,975

Total Land Transfer Tax

$23,950

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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