402 - 261 King Street E, Toronto
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. (id:1945)
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Property details for 402 - 261 King Street E, Toronto
- Type
- Apartment
- Style
- Loft
- Bedrooms
- 2
- Bathrooms
- 2
- Basement
- None
- Parking
- Garage, Underground
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Condo/Strata
- Annual Taxes
- $4,665
- Condo Fee
- $1,359 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 402 - 261 King Street E
Active Listings
321
Min Price
$480,900
Max Price
$3,500,000
Avg Price
$823,228
Days on Market
63
days
Sold Listings
103
Min Sold Price
$1
Max Sold Price
$3,188,000
Avg Sold Price
$846,668
Days until Sold
53
days
Neighbourhood Census Data
Toronto, Ontario
Population
2,640
Median Age
35.8
Median Income
$61,376
Dwelling Value
$449,538
Housing Tenure
Owners 60%
Renters 40%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 20,245.4/km²
Avg Shelter Cost: $1,944/mo
Owners with Mortgage: 75.5%
Owners Spending 30%+: 34%
Tenants Spending 30%+: 30.2%
English only: 81.1%
English and French: 17.4%
Neither: 1.5%
Median Household Income: $89,408
Median Employment Income: $64,512
Price History
Listed
September 16, 2026
by SAGE REAL ESTATE LIMITED
Current Price
$899,000
-5.3% from last change
Type
Apartment
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $899,000 | $50,000 (-5.3%) |
| Oct 23, 2026 | $949,000 | Listed |
Contact Agent Get in touch about 402 - 261 King Street E, Toronto
DAWN HUME
SAGE REAL ESTATE LIMITED