About Abbey Lane Lofts - 261 king street east, toronto, ontario
The Abbey Lane Lofts is a purpose-built soft loft building in Toronto’s uber convenient St. Lawrence neighbourhood. The mid-rise 5 storey building houses just 29 units with both single and two-floor layouts. Exposed concrete floors and walls surround units ranging in size from 594 to 1945 square feet, and ceiling heights start at 9 feet and soar to a lofty 20 feet in the multi-level suites. The finishes are reminiscent of warehouse architecture with exposed ductwork but feature modern finishes.
Most of these units at Abbey Lane Lofts provide exclusive outdoor space for owners to entertain and bbq, but there is little other offered in the way of amenities. Condo fees have remained modest here as a result, which will be attractive to those who are unlikely to use them anyway. Prospective purchasers will be happy to know that despite the small size of the development, parking was an inclusion in the design.
Living in the heart of the new design district this close to both the Distillery and St. Lawrence Market means that most of your daily needs are just a stone’s throw from your door. Bay Street is not far off either, and urban professionals will appreciate the easy access to transit or a relatively short walk to work.
What We : Abbey Lane Lofts is another building you probably missed as you zipped along King Street East. It was built by one of the better soft loft builders (Harhay) and is shockingly close to St Lawrence Market and the Distillery District. Every unit’s different so it’s hard to generalize, but that’s half the charm.
What We Don’t: While options are mushrooming every year, this section of King East isn’t as fun and walkable as some other parts of the city.
Looking to buy a loft at Abbey Lane? If you don’t see any available for sale below, contact us to set up a custom loft search straight from the MLS. Never miss a loft for sale at Abbey Lane again!
CLICK HERE TO VIEW AVAILABLE LOFTS AT ABBEY LANE LOFTS
The Facts
Address: 261 King Street East
Developer: Harhay Construction Management Ltd.
Size Range of Lofts: 770 - 1819
Prices
|
2020 |
2021 |
2022 |
2023 |
Average Price |
$1,180,500 |
$640,000 |
$1,105,000 |
n/a |
Price: Low-High |
$735,000-$1,530,000 |
$640,000 |
$1,105,000 |
n/a |
Average Days on Market |
8 |
7 |
13 |
n/a |
Total Sales |
4 |
1 |
1 |
0 |
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