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Unit 118 at Corktown District II Lofts

Sold

510 Kingbird Grove 118, Toronto, ON M1B 0E4

MLS #E12397601

$570,000

Sold on February 11, 2026

February 11, 2026

Originally listed at $585,000 74 days on market

About This Property

Welcome to your next smart move! A bright, spacious, and beautifully upgraded 2-bedroom + den condo townhouse that combines the feel of a home with the ease of condo living! From the moment you walk in, you'll love the open-concept layout thats perfect for both entertaining and everyday comfort. The modern kitchen is a standout, featuring high-end appliances, sleek countertops, and plenty of cabinet space for all your culinary adventures. The den adds flexibility; use it as a home office, reading nook, or extra storage. Stylish new 12mm Canadian-made laminate flooring runs through the living, dining, and kitchen areas, while large windows fill the space with natural light. Both bedrooms are generously sized, and the primary bedroom includes a private ensuite. One of the best features? A large outdoor terrace where you can enjoy your morning coffee, relax after work, or even set up your own urban garden- a rare bonus in this kind of property. You'll also appreciate the convenience of ensuite laundry, underground parking, a private storage locker, and secure building access. Located in a prime Scarborough community just minutes from a brand new state-of-the-art community centre, shops, dining, parks, scenic trails, public transit, and top schools like U of T Scarborough and Centennial College minutes away, everything you need is close by. It's also a fantastic turnkey investment opportunity with strong rental income already in place. This one checks all the right boxes...and then some!

Investment Analysis

$4,213
Est. Monthly Rent
Based on $4/sqft
8.64%
Gross Yield
Before expenses
7.11%
Net Yield
After expenses
11.6
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($504/mo) and property tax ($2,904/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$532/sqft
Corktown District II Lofts
$921/sqft-42.2%
Moss Park
$885/sqft-39.9%
Toronto C08
$884/sqft
Building PSF Range
$553$1,091

Below Market Value

This unit is priced 42.2% below the building average of $921/sqft. With a 7.11% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 21 sales and 35 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2780
MLS Size1000-1199
Listed OnSep 10, 2025
Maintenance Fees$504/month
Property Tax$2,904/year

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Unit 118 History

Complete transaction history for this unit

Leased

Leased: Sep 30, 2024

$2,900/mo

+$50 (1.8%)

Listed: $2,85015 days on marketLease
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2 More Transactions Available

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Price History

Original List Price

$585,000

Listed on Sep 10, 2025

Sold Price

$570,000

Sold on Feb 11, 2026

-$15,000

-2.6%

74 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 II Lofts
Address510 King St E, Toronto
Parking Type

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About Unit 118 at Corktown District II Lofts

Unit 118 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Corktown District II Lofts, 510 King St E, Toronto. This unit is currently sold (sold for $570K).

About Corktown District II Lofts

Corktown District II Lofts is located at 510 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 II 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 II 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.

Keywords: Unit 118 Corktown District II Lofts Toronto C08

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