402 - 261 King Street E, Toronto, ON M5A 4T6
Moss Park, Toronto · Near King And Sherbourne · View map
About this home
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.
The home
- Type
- Loft
- Style
- Loft
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 1
- Dens
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Faces
- North
- Level
- Level 4
- Balcony
- Terrace
- View
- City
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,358.88/mo
- Fee includes
- Common Elements, Parking, Building Insurance, Water
- Building
- TSCP 1503
- Property management
- ICON
- Pets
- Allowed, with restrictions
- Locker
- Ensuite
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $4,665/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- 30/60/90
- Cross street
- King And Sherbourne
- Neighbourhood
- Moss Park
More
- Price per sq ft
- ~$863 (at 1,100 sq ft)
- Listed
- Sep 16, 2026 · 25 days ago
- MLS® number
- C13792080
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The home and its surroundings
- Hospital
- Park
- Place Of Worship
- Public Transit
- Terraced
Included in the maintenance fee
- Common Elements
- Parking
- Building Insurance
- Water
Shared in the building
- BBQs Allowed
- Elevator
- Visitor Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
261 King Street, Toronto, ON M5A 4T6
Moss Park, Toronto · Near King And Sherbourne
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Listing history for 261 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 402 - 261 King Street E
Answers come straight from this home’s MLS® listing.
How much is 402 - 261 King Street E listed for, and what would it cost each month?
402 - 261 King Street E is listed for $949,000. With 20% down ($189,800), the mortgage payment would be roughly $3,828 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,576 a month, all in. That figure is an illustration, not a quote.
What kind of loft is 402 - 261 King Street E, and what is the maintenance fee?
402 - 261 King Street E is a loft in Moss Park, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,358.88 a month. The listing says it covers common elements, parking, building insurance, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 402 - 261 King Street E have?
402 - 261 King Street E has 1 bedroom, plus 1 den, and 2 bathrooms.
Does 402 - 261 King Street E come with parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
How big is 402 - 261 King Street E?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure.
How is 402 - 261 King Street E heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 402 - 261 King Street E?
Property taxes are $4,665 a year (2026), or about $389 a month.
Are pets allowed at 402 - 261 King Street E?
Pets are allowed, with restrictions. A loft building can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 402 - 261 King Street E?
402 - 261 King Street E is in the Moss Park community of Toronto. The nearest main intersection is King And Sherbourne. The postal code is M5A 4T6.
How long has 402 - 261 King Street E been on the market?
402 - 261 King Street E was listed on September 16, 2026. It has been on the market for 25 days. It is an active listing (MLS® C13792080). Listings here update from the board through the day and come down once a home sells.
What are similar lofts near 402 - 261 King Street E asking?
Similar lofts for sale nearby right now include 405 - 833 W King Street W at $739,000 (1 bed), 611 - 800 King Street W at $669,900 (1+1 bed) and 507 - 954 King Street W at $920,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 261 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 402 - 261 King Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this loft and get an answer, usually within the hour.
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Loft$920,000507 - 954 King Street W, Toronto2 bed · 2 bath · NiagaraCourtesy of: HARVEY KALLES REAL ESTATE LTD.View loft →Courtesy of: SAGE REAL ESTATE LIMITED
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.