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    138 Princess Street

    East Lofts
    3for Sale
    3for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    10
    Number of Units:
    129
    Condo Completion:
    2010
    Condo Demand:
    Medium
    Unit Size Range:
    451 - 1,928 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for East Lofts

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    Amenities

    Security System
    Visitor Parking
    Bike Storage
    Party Room
    Rec Room
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 138 Princess StreetEast Lofts

    Okay, so we admit that the lofts at 275 King Street East and 138 Princess Street (traditionally going by the Princess address) aren’t currently home to any real princesses. There are no rules, however, about pretending every now and then. It’s also helpful, then, that the East Lofts happen to be rather luxurious.

    Peter Clewes and his team at Architects Alliance are the masterminds behind the design of the East Lofts, while Harhay Construction Management helped their visions come to life. Slate-hued brick envelops the exterior for a sleek aesthetic, with oversized glass panes adding to the modernity of the façade.

    Retail businesses can be found along the ground floor of the lofts at 138 Princess, for some added convenience. And speaking of functionality, amenities include a party room and meeting room, communal barbecues, and resident and visitor parking.

    Nestled somewhere between the storefronts is the front door leading into the lobby. Once inside, glass and marble surround residents and their guests, juxtaposing palatial grace with contemporary style.

    The Suites

    The East Lofts are divided into 127 Toronto lofts, just enough for a range of sizes and exposures without overwhelming residents with too many neighbours (or too much noise). These homes are spread out over 10 storeys, however certain lofts span two floors each.

    Single buyers or couples will be more than satisfied in the cozier Toronto condos for sale, which start at approximately 500 square feet for a bachelor suite. Those in need of a little more wiggle room, on the other hand, will opt for the more extravagant homes, which span up to 2,100 square feet and boast two bedrooms plus dens.

    As mentioned, the exterior of the building is scattered with large panes of glass. And what this translates to for the interiors might be even more impressive: the homes at 138 Princess Street are bathed in natural light, while the sweeping views of the city will never get old. Balconies or terraces also grace the homes, allowing residents a chance to spend time outdoors, all the while from the comfort of their own homes.

    Ceiling heights of up to 9 or 10 feet make matters even better, allowing the sun’s rays to illuminate atypical features like concrete walls and exposed ductwork. Contrasting with these raw, loft-like elements, on the other hand, are the polished hardwood floors found throughout.

    The Neighbourhood

    The East Lofts are situated in the heart of the St. Lawrence Market area, eliminating any chance for residents to experience boredom. With home located at 275 King Street East & 138 Princess Street, one can explore the Esplanade and St. Lawrence Market, the Financial District, Harbourfront, the West Don Lands, the Distillery District, and much, much more.

    When the time comes to get serious and stock up on necessities, residents living at 138 Princess Street can head over to the Metro or No Frills on Front Street. St. Lawrence Market, on the other hand, is the go-to spot for fresh produce, meat, fish, cheeses, baked goods, and everything else under the sun. This market also happens to be one of the best in the world — and that’s not just our opinion, but has been confirmed by CNN and National Geographic in the recent past.

    Residents can also saunter over to the Distillery District, where boutiques, galleries, cafés, and bars inhabit industrial, Victorian-style architecture that dates back to the 19th century. And those who really want to escape the hustle and bustle of city life will be happy to spend a day at Cherry Beach, Tommy Thompson Park, or traversing the trails along the Don River.

    Transportation

    With its truly central location, the East Lofts is an ideal starting point for traveling around Toronto. Residents can choose their favourite means of transportation, and whether that be bicycle, car, or TTC, moving about the city is a breeze.

    Union Station is located about one kilometer from 275 King Street East & 138 Princess Street, where those heading out of the city can access VIA Rail trains, GO buses and trains, and the UP service to Pearson International Airport. Streetcars along King Street East are yet another simple way to head east or west without access to a car of one’s own.

    Driving around Toronto is straightforward when using the Gardiner Expressway, which can be accessed in mere minutes from the East Lofts. From here, drivers can also connect with the 427 to the west or the Don Valley Parkway to the east.

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar lofts

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    East Lofts vs The St. Lawrence Area

    Days on Strata

    Units at East Lofts spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    East Lofts offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    East Lofts has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    East Lofts yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    East Lofts is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 138 Princess Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$545,000$615,000 - $835,000$915,000 - $980,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,098$1,003$965No DataNo DataNo Data
    Avg. Wait for Unit Availability209 Days89 Days161 Days857 Days550 DaysNo Data
    Ratio of Units in Building20%49%27%4%1%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence