Skip to content
1 / 50
For saleMLS® C14123188

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

Moss Park · C08 · M5A 4T6

$899,000

+ $1,359/mo maintenance$899 / sq ft

1 weeks on market

Bedrooms
2
Bathrooms
2
Interior
1,000 sf
Parking
1

What's special

  • Underground parking
  • Storage locker
  • Terrace
  • North exposure
  • Central air
  • Pets with restrictions
  • Common elements, Parking, Building insurance included
  • Bbqs allowed

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

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.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain2.25 × 2.04 m7.4 × 6.7 ft2 Pc Bath · Closet · Hardwood Floor
BathroomMain2.04 × 1.82 m6.7 × 6.0 ft2 Pc Bath · Hardwood Floor
KitchenMain2.86 × 2.46 m9.4 × 8.1 ftHardwood Floor · Stainless Steel Appl · Granite Counters
Living RoomMain4.64 × 3.93 m15.2 × 12.9 ftHardwood Floor · Window Floor to Ceiling · Combined w/Dining
OtherMain4.64 × 1.92 m15.2 × 6.3 ftNorth View · Concrete Floor · Balcony
Primary BedroomSecond4.66 × 4.87 m15.3 × 16.0 ftHardwood Floor · Window Floor to Ceiling · Double Closet
DenSecond2.68 × 3.62 m8.8 × 11.9 ftHardwood Floor · Walk-In Closet(s)
BathroomSecond4.48 × 1.92 m14.7 × 6.3 ftTile Floor · 5 Pc Bath · Combined w/Laundry
OtherSecond1.92 × 1.25 m6.3 × 4.1 ftWalk-In Closet(s) · Hardwood Floor · Closet Organizers

Features

  • None

Building amenities

  • BBQs Allowed
  • Elevator
  • Visitor Parking

Property details

Property

Property type
condo apartment
Bedrooms
2
Bathrooms
2
Interior size
1,000 sq ft
Possession
Flexible

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North
Balcony
Terrace

Exterior & services

Construction
Brick
Garage
Underground
Parking spaces
1

Condominium

Corporation
1503 TSCP
Property manager
ICON
Locker
Ensuite
Pets
Yes-with Restrictions
Fee includes
Common Elements Included, Parking Included, Building Insurance Included, Water Included

Costs

List price
$899,000
Property taxes
$4,665 / year (2026)
Maintenance fee
$1,359 / month
Price per sq ft
$899
Rental items
Air Handler (2023) Air Conditioner Condenser (2023) On Demand Tankless Boiler (2022). Contracts will be bought out by Seller on closing.

Listing

MLS® number
C14123188
Status
For sale
Listed
October 28, 2026
Days on market
8
Last updated
October 28, 2026
Listing brokerage
SAGE REAL ESTATE LIMITED

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 83% of comparable condo apartment listings in Moss Park are asking less.

$390KMedian $550K$1.13M
This home
$899 / sq ft
Comparable median
$915 / sq ft

Based on 95 comparable active condo apartment listings in Moss Park. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.2% · minimum $64,900
$64,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,611.88
Property tax (est.)
$388.77
Maintenance fee
$1,358.88
Estimated monthly
$6,360

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$14,455
Toronto municipal
$14,455
Total due on closing
$28,910

An estimate on the asking price of $899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SAGE REAL ESTATE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$899,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby