With the average price of a condo in Toronto pushing $600,000, listings below the half-million mark are getting increasingly rare, especially ones with loft-like features.

This roughly 475-square-foot Corktown soft loft is one of them. Priced at $429,900, the ninth-floor suite has engineered-wood floors and an exposed concrete ceiling, giving it an industrial feel. But this is no factory conversion.

The unit is located at 32 Trolley Crescent in River City II by Urban Capital, the second phase of a large condo development that was completed in 2015 and located just south of where King and Queen Streets East meet.

Given its price, listing agent Ingo Hauer sees the flexible studio appealing to first-time buyers and investors equally.

The floor plan won’t appeal to everyone. A sliding frosted-glass partition can be used to divide the unit into two when entertaining, but guests will still have to walk past where the bed’s set up.

The current owner has had the place since 2017 and has been renting it out. There are stainless steel appliances, though there’s limited space for a TV, if that’s your thing.

There’s no balcony, but the unit faces east. So while a view is never a guarantee in Toronto, overlooking the Don River is a pretty safe bet.

The bathroom is sleek and modern, but, again, guests will need to walk back from the living area to where the bed is set up (though the layout could be flipped).

One thing that might turn some renters off of condo ownership is maintenance fees. They’re only $260 per month for this unit, though.

That doesn’t mean the building is short on amenities. There’s a billiards room, theatre room, and yoga and pilates studio, as well as a pool.

Developments featured in this article

More Like This

Facebook Chatter