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406 781 King Street W
Niagara Toronto C01 M5V 1N4

$1,389,000 /For Sale
Commercial

Main Photo: 406 781 King Street W in Toronto C01: Niagara Commercial for sale : MLS®# C10433750
Photo 1: 406 781 King Street W in Toronto C01: Niagara Commercial for sale : MLS®# C10433750
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
C10433750
Bus Major:
Other
Large hard loft alert in the heart of Toronto's Fashion District! This impressive, rarely available, approximately 1430 square foot unit in the iconic Gotham Lofts building does not disappoint. Unique Live/Work zoning allows for some commercial uses in this stunning space. The current owner operated a Law Practice here for 12 years. Positive first impressions begin when arriving the building with a rich history. What used to be a harness factory now showcases a beautifully restored facade with restored double doors and arched glass transom leading to the elegant, renovated Art Deco style lobby and elevators. Plus a convenient freight elevator for larger items is onsite. And ask about extra storage spaces available onsite. Suite 406 is distinguished by post & beam exposed wood, girthy timber columns, soaring ceilings with cedar slats, massive windows & original 1917 exposed yellow brick. A generous foyer complete with a front hall closet welcomes you to the versatile open concept living and dining space awash with natural light and flanked by 2 large split bedrooms, each with a spa-like ensuite bathroom. Plus a den with a door! Bedrooms function well as offices and large communal space is versatile. Huge chef's kitchen with sleek quartz counters, custom backsplash, a breakfast bar and new stainless steel appliances. Hardwood floors, freshly painted, and equipped with extensive storage and closets throughout. Dramatic east facing windows overlook a landscaped courtyard. 2 owned parking spots underground. Amenities include visitor parking, bike storage, well equipped exercise room and meeting rooms. This loft is the full package - an entertainer's delight full of character and comfort situated in a superb location & a quiet building. Walk score of 99, transit score of 95.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
Total Area:
1430 sq. ft.
Total Area:
1,430 sq. ft.
Retail Area:
2 sq. ft.
Office/Apt Area:
1430 sq. ft.
Bedrooms:
2
Water supply:
Municipal
Kitchens:
1
Zoning:
LIVE/WORK
Heating type:
Gas Forced Air Closed
Garage:
Underground
Parking Spaces:
2
Possession Details:
30 Days or TBA
HST Applicable To Sale Price:
Included
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$5,550.65 / 2023
Assessment:
$- / -
Toronto C01
Niagara
Toronto
Partial
none
New Stainless Steel Fridge, Built in Microwave, Gas Stove, dishwasher. White front loading washer dryer. All Electric light fixtures and fans, Any Window Coverings.
none
Freight+Public
No
Utilities:
Available
Sewers:
Septic
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$1,456.16
Expenses Actual/Estimated:
Estimated
Property Management Company:
Icon Property Management
Business/Building Name:
Gotham Lofts
Major Business Type:
Other
Category:
Commercial Condo
Franchise:
No
Days Open:
Varies
Chattels:
Yes
LLBO:
No
Date Listed:
Nov 21, 2024
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated November 22, 2024 at 03:15 AM (UTC)
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