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Unit 503 at Corktown District I Lofts

Sold

569 King Street E 503, Toronto C08, ON M5A 1M5

MLS #C12334424

$690,000

Sold on October 26, 2025

October 26, 2025

Originally listed at $728,800 55 days on market

About This Property

Welcome to 569 King St E, a bright and beautifully maintained 1+1 bedroom, 1 bathroom condo located in the heart of Torontos vibrant Corktown neighbourhood. Situated in a boutique 6-storey building at King & Sumach, this spacious suite offers 779 sq ft of interior living space, complemented by a 133 sq ft north-facing private terrace with a gas line for BBQ and unobstructed city views perfect for outdoor entertaining. Inside, youll find soaring 10-foot ceilings, exposed concrete floors, and floor-to-ceiling windows that fill the space with natural light. The open-concept layout connects the modern kitchen seamlessly with the living and dining areas, ideal for both daily living and entertaining. The oversized den provides flexibility for a home office, guest room, or creative space. The primary bedroom features a walk-in closet and direct access to a Jack & Jill 4-piece bathroom. The unit also includes in-suite laundry, custom built-in storage (over $12,000 spent), and comes with owned parking and an owned locker. Located just 8 streetcar stops from the Financial District and steps from Riverside, Leslieville, the Canary District, Distillery District, and Regent Park, this location offers unbeatable urban access. Youre also surrounded by parks and dog-friendly green spaces, making it perfect for outdoor enthusiasts and pet lovers alike. Residents enjoy access to amenities in the adjacent Corktown II building, including a gym, party room, and visitor parking. This condo is exceptionally well-maintained and move-in ready, offering the perfect mix of historic character and modern convenience. With the King streetcar at your doorstep and easy access to the DVP, Gardiner, and Union Station, commuting is a breeze. Whether you're a first-time buyer, downsizer, or investor, this unit delivers outstanding value, comfort, and lifestyle. Welcome to urban living at its best at 569 King St E.

Investment Analysis

$3,473
Est. Monthly Rent
Based on $5/sqft
5.72%
Gross Yield
Before expenses
3.86%
Net Yield
After expenses
17.5
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($832/mo) and property tax ($3,544/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$972/sqft
Corktown District I Lofts
$911/sqft+6.7%
Moss Park
$885/sqft+9.8%
Toronto C08
$884/sqft
Building PSF Range
$877$922

Premium Pricing

This unit is priced 6.7% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 4 sales and 5 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2156
MLS Size700-799
Listed OnAug 7, 2025
Maintenance Fees$832/month
Property Tax$3,544/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)6.86 x 3.9922.5 x 13.1-
Living Room(Flat)6.86 x 3.9922.5 x 13.1-
Living Room(Flat)6.86 x 3.9922.5 x 13.1-
Dining Room(Flat)6.86 x 3.9922.5 x 13.1-
Dining Room(Flat)6.86 x 3.9922.5 x 13.1-
Dining Room(Flat)6.86 x 3.9922.5 x 13.1-
Kitchen(Flat)---
Kitchen(Flat)---
Kitchen(Flat)---
Primary Bedroom(Flat)3.47 x 3.3511.4 x 11.0-
Primary Bedroom(Flat)3.47 x 3.3511.4 x 11.0-
Primary Bedroom(Flat)3.47 x 3.3511.4 x 11.0-
Den(Flat)3.04 x 3.3510.0 x 11.0-
Den(Flat)3.04 x 3.3510.0 x 11.0-
Den(Flat)3.04 x 3.3510.0 x 11.0-

Room Dimensions Available

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Price History

Original List Price

$728,800

Listed on Aug 7, 2025

Sold Price

$690,000

Sold on Oct 26, 2025

-$38,800

-5.3%

55 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameCorktown District I Lofts
Address569 King St E, Toronto
Parking Type

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About Unit 503 at Corktown District I Lofts

Unit 503 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at Corktown District I Lofts, 569 King St E, Toronto. This unit is currently sold (sold for $690K).

About Corktown District I Lofts

Corktown District I Lofts is located at 569 King St E, Toronto in Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Moss Park Neighbourhood

This unit is located in Moss Park, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Part of Corktown District Lofts

Corktown District I Lofts is part of the Corktown District Lofts development. Explore all buildings and available units within this prestigious multi-building community.

Whether you're looking to buy, sell, or rent at Corktown District I Lofts, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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