393 King Street E
Building Details
Listing History for The Derby Lofts
Amenities
Maintenance Fees
About 393 King Street E — The Derby Lofts
Character and quiet in downtown Toronto. Located in the charming Corktown neighbourhood, this four-storey building is perfect for those who are tired of towering high-rises and looking for a little more space. The building has a parking garage but otherwise limited amenities, and your wallet will thank you for that; Derby Lofts offers a comfortable home without all the extra bells and whistles that often come with increased maintenance fees. There are 26 Toronto lofts in the building, all of which are two floor soft-lofts.
393 King has a ton of character — with its red brick exterior and panelled windows, its look is reminiscent of a firehall. The building features large windows and rooftops terraces, allowing for plenty of opportunities to take in sunlight.
Toronto condos for sale at Derby lofts are ideal homes for young professionals and new families. The building is pet-friendly, as is the neighbourhood, with a nearby dog park and many green spaces in the area. You’ll find plenty of restaurants and cafés in the immediate vicinity, and you’re just a short walk from the core of the historic Distillery District.
The Suites
Derby Lofts contains 26 soft-lofts, purposely built for modern living. The building features 2 bedroom and 2 bedroom + den lofts for those who desire a more living space.
Suite sizes range from 871 sq. ft. to 1110 sq. but no matter what loft you own, you’ll have lots of room to breathe with sixteen-foot ceilings. All lofts are spacious, open-concept and feature tall panelled-glass windows that can be seen from the first and second floors. Finishes vary based on individual taste but expect curved staircases and ample wall space for adding your own artistic touch.
Basic amenities include air conditioning, and a parking garage. If you need some outdoor space, then you will not be disappointed — rooftop terraces give you a private space to kick back and relax.
The Neighbourhood
Corktown is one of the best-known neighbourhoods in Toronto and its proximity to the distillery district and St. Lawrence makes it one of the most desirable. From your front door you are minutes away from Mill Street Pub for dinner, or Balzac’s for a morning coffee, or Tim Horton’s if that is more your speed. Fresh produce, pastries, sandwiches and so much more are available at St. Lawrence market, also just a short walk from your front door.
There are multiple green spaces around; Sackville playground, Parliament Square park and Princess Park are all within walking range. Corktown Commons is just a short trip east on Front Street, there you will find a beautiful stone walking path, a splash pad, a playground, and even a skatepark.
There are several schools in the area at the elementary, middle school, and collegiate level, making this a convenient location for parents with children, young and old. For groceries, there's a conveniently located No Frills nearby and several other options in the vicinity.
Security will be no issue at Derby Lofts thanks to the Toronto Police Service - 51 Division which resides on Front and Parliament.
Transportation
Drivers have the luxury of knowing their vehicles are secure in Derby Loft’s parking garage. From 393 King Street, drivers can gain quick access to the Gardiner Expressway, Don Valley Parkway or Lakeshore Boulevard.
The TTC operates street cars and busses along King and Queen, although with a Walk Score of 96 you may find that you rely on public transit less. From 393 King it's only a 20-minute walk to Union Station; imagine walking to a Jays Game on Saturday afternoon and beating the street car in a footrace — that’s possible at Derby Lofts.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Derby Lofts
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
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Rented Units
Best Value Rank
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High Demand
Transaction Insights at 393 King Street E
1 Bed + Den | 2 Bed | |
---|---|---|
Price Range | $838,000 | $820,000 |
Avg. Cost Per Sqft | $882 | $936 |
Price Range | No Data | $3,250 |
Avg. Wait for Unit Availability | 442 Days | 189 Days |
Avg. Wait for Unit Availability | No Data | 242 Days |
Ratio of Units in Building | 16% | 85% |
Unit Sales vs Inventory
Total number of units listed and sold in Corktown - Toronto