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Unit 409 at Corktown District I Lofts

For Sale

569 King Street E 409, Toronto C08, ON M5A 1M5

MLS #C12476165

$710,888

Listed Price

About This Property

Stylish and Immaculately Kept 1+1 Bedroom Condo in the Heart of Corktown. Discover this bright and beautifully maintained 1+1 bedroom, 1-bathroom condo perfectly positioned in Toronto's lively Corktown community. Nestled within an intimate 6-storey boutique residence at King & Sumach, this spacious suite offers approximately 716 sq. ft. of interior living space plus a 161 sq. ft. south-facing private terrace, ideal for relaxing or entertaining outdoors. Step inside to find 10-foot ceilings, exposed concrete floors, and floor-to-ceiling windows that flood the suite with natural light. The open-concept design seamlessly integrates the modern kitchen with the living and dining areas, creating an inviting flow for both everyday living and hosting guests. The generous den serves as the perfect home office, guest space, or creative nook.The primary bedroom features a walk-in closet and direct access to a stylish 4-piece bathroom. Additional highlights include in-suite laundry, owned parking, and a private locker for added convenience.Located just minutes from downtown-only a few stops to the Financial District-you'll enjoy effortless access to Riverside, Leslieville, the Canary District, the Distillery District. Outdoor lovers and pet owners will appreciate the nearby parks and dog-friendly green spaces.Residents benefit from access to amenities in the neighbouring Corktown II building, including a fitness centre, party room, and visitor parking. This move-in-ready home perfectly blends modern urban living with boutique charm. With the King streetcar at your door and easy access to the DVP, Gardiner Expressway, and Union Station, commuting is simple and convenient.Whether you're a first-time buyer, downsizing, or investor, this condo offers exceptional value, comfort, and lifestyle. Welcome to modern city living at its finest. Measurements to be verified by Buyer and/or Buyer's Agent. (Furniture in Photos may not reflect the current setup of the property)

Investment Analysis

$3,473
Est. Monthly Rent
Based on $5/sqft
5.86%
Gross Yield
Before expenses
4.12%
Net Yield
After expenses
17.1
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($772/mo) and property tax ($3,112/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$948/sqft
Corktown District I Lofts
$911/sqft+4.1%
Moss Park
$885/sqft+7.1%
Toronto C08
$884/sqft
Building PSF Range
$877$922

Fair Market Price

This unit is priced in line with the building average of $911/sqft. Expected net yield of 4.12% after maintenance and taxes.

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 LaundryNo
Corp #TSCC-2156
MLS Size700-799
Listed OnOct 21, 2025
Maintenance Fees$772/month
Property Tax$3,112/year

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.51 x 4.0111.5 x 13.2-
Living Room(Main)3.51 x 4.0111.5 x 13.2-
Living Room(Main)3.51 x 4.0111.5 x 13.2-
Living Room(Main)3.51 x 4.0111.5 x 13.2-
Dining Room(Main)2.97 x 3.29.7 x 10.5-
Dining Room(Main)2.97 x 3.29.7 x 10.5-
Dining Room(Main)2.97 x 3.29.7 x 10.5-
Dining Room(Main)2.97 x 3.29.7 x 10.5-
Kitchen(Main)2.44 x 2.628.0 x 8.6-
Kitchen(Main)2.44 x 2.628.0 x 8.6-
Kitchen(Main)2.44 x 2.628.0 x 8.6-
Kitchen(Main)2.44 x 2.628.0 x 8.6-
Den(Main)3.1 x 2.8710.2 x 9.4-
Den(Main)3.1 x 2.8710.2 x 9.4-
Den(Main)3.1 x 2.8710.2 x 9.4-
Den(Main)3.1 x 2.8710.2 x 9.4-
Primary Bedroom(Main)3.28 x 2.910.8 x 9.5-
Primary Bedroom(Main)3.28 x 2.910.8 x 9.5-
Primary Bedroom(Main)3.28 x 2.910.8 x 9.5-
Primary Bedroom(Main)3.28 x 2.910.8 x 9.5-

Unit 409 History

Complete transaction history for this unit

Sold

Sold: Apr 14, 2026

$624,000

-$75,880 (-10.8%)

Listed: $699,88027 days on marketSale
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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 409 at Corktown District I Lofts

Unit 409 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 for sale at $711K.

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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