Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 32 days on market

$949,000

Est. payment $4,202/moCalculate yours

261 King Street E 402, Toronto, ON M5A 4T6

Moss Park, Toronto, ON M5A 4T6

  • 1 + 1 Beds
  • 2 Baths
  • 1 Garage
  • 1,000 Sq Ft
Map

Listing courtesy of SAGE REAL ESTATE LIMITED MLS® C13792080

About this home

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.

Property details

Overview

Property Type
Condo Apartment
Style
Loft
For
For Sale
Status
New
Size
1,000 sqft

Interior

Bedrooms
1 + 1
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick

Lot & Parking

Parking
Underground garage · 1 total

Financial

Property Taxes
$4,665 (2026)
Condo Fee
$1,359/mo
Fee Includes
Common Elements Included, Parking Included, Building Insurance Included, Water Included
Pets
Yes-with Restrictions

Location

Neighbourhood
Moss Park
Cross Street
King And Sherbourne

Listing

MLS® Number
C13792080
Days on Market
32
Listed On
2026-09-16
Possession
30/60/90
Listed By
SAGE REAL ESTATE LIMITED

Rooms

Room Level Dimensions
Living Room Main 15′ 3″ × 12′ 11″
Kitchen Main 9′ 5″ × 8′ 1″
Den Second 8′ 10″ × 11′ 11″
Primary Bedroom Second 15′ 3″ × 16′ 0″
Bathroom Second 14′ 8″ × 6′ 4″
Bathroom Main 6′ 8″ × 6′ 0″
Other Second 6′ 4″ × 4′ 1″
Foyer Main 7′ 5″ × 6′ 8″
Other Main 15′ 3″ × 6′ 4″

Features

Interior

  • None

Property

  • Hospital
  • Park
  • Place Of Worship
  • Public Transit
  • Terraced

Amenities

  • BBQs Allowed
  • Elevator
  • Visitor Parking
Included
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.
Excluded
None
Rental items
Air Handler (2023) Air Conditioner Condenser (2023) On Demand Tankless Boiler (2022)

Mortgage calculator

Minimum for this price: $69,900 (7.37%)

Amortization, years

Estimated mortgage payment

$4,202 per month

Principal and interest
$4,202
Property tax
$389
Condo fees
$1,359
Estimated monthly cost
$5,950

Your mortgage

Mortgage amount
$759,200
Mortgage insurance
Not needed
Interest over 25 years
$501,390

Cash to close

Down payment
$189,800
Land transfer tax (Ontario + Toronto)
$30,910
Total, before legal fees
$220,710
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

261 King Street E 402, Toronto, ON M5A 4T6 Moss Park, Toronto, ON M5A 4T6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$949,000 261 King Street E 402, Toronto, ON M5A 4T6
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