Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
Lofts 399 in one look.
399 Adelaide St W, Toronto
Built
2013
Storeys
10
Suites
173
Developer
Cresford Development Corporation
Corporation
TSCC-2310
Walk Score
100
Free · about 45 seconds · no obligation
What is your unit at Lofts 399 worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 504King St West at Spadina Ave West Side504 King / 508 Lake Shore streetcarSteps away
- 1Osgoode stationLine 1 Yonge–University1.0 km
- 63OssingtonTTC bus1.3 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.3 km
- UPUnion stationUP Express · Pearson to Union1.3 km
- 19BayTTC bus1.4 km
- 13Avenue RdTTC bus1.4 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Ryerson Community School
96 Denison Ave, Toronto
0.7 km · ~11 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.2 km
Zoned for this address
Catholic elementary
St Mary Catholic Elementary School
0.6 km · ~9 min walk
Nearest, confirm zoning
Catholic elementary
Bishop Macdonell Catholic Elementary
0.8 km · ~13 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.1 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
1.5 km · ~23 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Lofts 399 actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 1 | too few | 14 | $2,650/mo |
| 2 bed | 4 | $900,000 | 4 | $3,750/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Lofts 399
Do mostly owners or renters live here?
Renter-heavy building. Of 53 deals here in the last 24 months, 42 were leases and 11 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Lofts 399?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Lofts 399
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at Lofts 399 lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Restaurant
Impact Kitchen
Steps away
Bar
Cibo Wine Bar
Steps away
Restaurant
Myth Restaurant
Steps away
Restaurant
Avenue Open Kitchen
Steps away
Seafood
Rodney's Oyster House
Steps away
Coffee
Pilot Coffee Roasters
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- St. Andrew's Playground
- Clarence Square Park
- Alex Wilson Community Garden - Open Green Space
Nearest grocery
Loblaws
0.4 km · ~6 min walk
Prices: TRREB MLS® System aggregate medians for 399 Adelaide St W, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Lofts 399 is the building I bring up when a buyer likes King West but does not want a 40-storey tower. It is ten storeys on Adelaide just west of Spadina, it has an indoor pool, and it trades at a noticeably lower price per square foot than the newer towers a few blocks east. The name says lofts, so the first thing I do is make sure buyers know what they are actually getting. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Lofts 399 is a 10-storey condominium at 399 Adelaide Street West in Toronto, just west of Spadina Avenue in the Wellington Place neighbourhood. Condos.ca lists 173 suites; another listing site gives 170. It was developed by Cresford Development Corporation and designed by Northgrave Architects. It was completed in 2013 and the condominium corporation, TSCC-2310, was registered on 16 May 2013. Fees include heat and water. Shelter Canadian Properties is the listed property manager.
Lofts 399 at a glance
The last piece of a Cresford block
Lofts 399 was the final building in a small cluster Cresford put together on this block. UrbanToronto’s 2012 construction coverage notes a private courtyard directly behind the site that was already shared by Quad Lofts and Quad 2 Lofts on Brant Street, and that this building would complete the development and enclose it.
That context is useful. It means the building sits inside a mid-rise group rather than beside a tower podium, and the back of the building faces a shared green space rather than another wall of glass. Ask how the courtyard is shared and maintained between the corporations, because shared facilities usually come with a cost-sharing agreement that shows up in the status certificate.
The architect was Northgrave Architects. At ten storeys, it is a low building for this part of downtown, which keeps elevator trips short and the resident count manageable.
Buying into a building that is part of a developer’s cluster also means reading two sets of documents: your own corporation’s, and any shared facilities agreement with the neighbouring corporations. If the courtyard, a driveway or a garage ramp is shared, the status certificate should say how costs are split and who decides on repairs. Those agreements are routine, but they are easy to skip, and they occasionally explain a fee increase that otherwise looks unexplained.
Soft lofts, not a warehouse conversion
Despite the name, this is a new building completed in 2013, not a converted factory. In Toronto, ‘lofts’ on a new building usually means a soft loft: open layouts and exposed concrete in some suites, without the brick, timber and 12-foot-plus ceilings of a hard loft conversion. I could not confirm the ceiling heights or finishes from a reliable source, so check them suite by suite.
Sizes are reported differently by different sources. Condos.ca shows roughly 387 to 1,139 square feet, while another listing site gives 616 to 1,103. Either way, the stock is mostly one-bedroom and one-plus-den suites, with a smaller number of two-bedrooms.
Current listings are all in the 700 to 899 square foot range, which is a comfortable size for a one-bedroom or one-plus-den downtown. That is larger than the sub-500 square foot one-bedrooms common in newer towers nearby.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
An indoor pool in a ten-storey building
An indoor pool is uncommon in a mid-rise of about 170 suites, and it is the feature buyers mention most. The amenity list also includes a gym, a party room, a lounge, a billiards room, concierge and visitor parking.
The same thing that makes the pool attractive makes it a cost to watch. Fewer owners share the operating and replacement costs of a pool than in a large tower, and by now the building is past its tenth year. Read the reserve fund study for the pool equipment, the garage and the roof before you buy.
Adelaide and Spadina day to day
The location sits where King West, Queen West and the edge of Chinatown meet, so restaurants, bars and shops are close in every direction, and the Entertainment District is a short walk east. Adelaide is a one-way arterial, so expect traffic noise on the street-facing side.
This is also a pocket where nightlife is close by. If you are a light sleeper, a courtyard-facing suite is likely to be quieter than one facing Adelaide, and it is worth visiting in the evening before you decide.
I could not confirm the building’s parking ratio or how many suites have lockers. Visitor parking is listed among the amenities, but for your own car, check the listing and the status certificate for a parking and locker unit rather than assuming one comes with the suite. At this corner many owners and tenants manage without a car, but resale buyers with one will pay more for a suite that includes a space.
Pricing and fees: what the numbers say
Condos.ca puts the building average at about $912 per square foot. That is noticeably below Theatre Park at about $1,025 and King Charlotte at about $1,006, both newer towers a few blocks east. Part of the gap is age and height, and part is that suites here are larger, which pulls the per-square-foot figure down.
Fees on the current listings run from about $644 to $755 a month for suites between 700 and 899 square feet, which works out to roughly $0.81 to $0.94 per square foot. Heat and water are included, which helps the comparison with newer buildings where heat is on your own meter.
Active asking prices across three listings ranged from $599,900 to $749,900 for one-bedroom and one-plus-den suites. There were no suites listed for rent at the time of writing, which is a thin snapshot rather than a trend. For recorded sale prices, see the data panel or my building sold report.
Building specifications
| Building name | Lofts 399 |
| Address | 399 Adelaide Street West, Toronto |
| Developer | Cresford Development Corporation |
| Architect | Northgrave Architects |
| Storeys | 10 |
| Total suites | 173 per condos.ca (another source gives 170) |
| Condo corporation | TSCC-2310 |
| Registered | 16 May 2013 |
| Property management | Shelter Canadian Properties |
| Suite sizes | Approximately 387 to 1,139 sq ft per condos.ca (another source gives 616 to 1,103) |
| Maintenance fees | Roughly $0.81 to $0.94 per sq ft on current listings |
| Fees include | Heat and water |
| Neighbouring buildings | Quad Lofts and Quad 2 Lofts share the rear courtyard |
Amenities at Lofts 399
The indoor pool is the standout and makes this building usable year-round in a way an outdoor rooftop pool is not. Visitor parking is also a practical plus at Adelaide and Spadina, where street parking is scarce.
Jatin’s honest take on Lofts 399
Who this building suits
Buyers who like the King West and Queen West area but prefer a ten-storey building to a tall tower, and who want a one-bedroom or one-plus-den with more room than the newest downtown stock. It also suits swimmers who want a pool in the building through the winter.
What I’d want you to check
Confirm what ‘loft’ means for the specific suite: ceiling height, exposed concrete and layout, because this is a 2013 new build rather than a conversion. Read the reserve fund study with attention to the pool, the garage and the roof, ask how the courtyard is shared with Quad Lofts and Quad 2, and look at which way the suite faces if street noise on Adelaide would bother you.
The value question
At about $912 per square foot with heat and water included and fees under a dollar a square foot, Lofts 399 is one of the better-value options in this pocket on paper. You give up tower views and new-build finishes and gain larger suites, a pool and a quieter mid-rise scale. For an owner-occupier I think it is worth a close look, provided the reserve fund is in good shape. The lower price per square foot is not a discount on the same product, though. It reflects an older, shorter building with no skyline views, so compare it against what you would actually use: the extra floor area, the pool and the heat included in your fee.
Free building report: Lofts 399
Send me your email and I’ll put together a current report on Lofts 399 — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Lofts 399 — frequently asked questions
Who developed Lofts 399?
Cresford Development Corporation developed the building, and Northgrave Architects designed it. It completed Cresford’s group of buildings on the block alongside Quad Lofts and Quad 2 Lofts.
Is Lofts 399 a hard loft conversion?
No. It is a new building completed in 2013, so it should be treated as a soft loft. Check ceiling height and finishes for each suite.
How tall is Lofts 399 and how many suites does it have?
It is 10 storeys. Condos.ca lists 173 suites, while another source gives 170.
When was Lofts 399 built?
It was completed in 2013. The condominium corporation, TSCC-2310, was registered on 16 May 2013.
How big are the suites at Lofts 399?
Condos.ca shows roughly 387 to 1,139 square feet, and another source gives 616 to 1,103. Most suites are one-bedrooms and one-plus-dens.
What do maintenance fees include at Lofts 399?
Heat and water are included. Hydro is paid separately.
Does Lofts 399 have a pool?
Yes, there is an indoor pool, along with a gym, a party room, a lounge, a billiards room and concierge.
Is there visitor parking at Lofts 399?
Yes, visitor parking is listed among the building’s amenities.
Who manages Lofts 399?
Shelter Canadian Properties is the listed property manager. Confirm the current manager in the status certificate.
How does Lofts 399 compare with Theatre Park?
Theatre Park is a 47-storey tower on King with a higher price per square foot. Lofts 399 is ten storeys, has an indoor pool and trades at a lower price per square foot with larger typical suites.
How much do condos at Lofts 399 sell for?
Over the last 12 months the median resale at Lofts 399 was $900,000, across 6 sales. The typical unit sold in 21 days at about 98% of the asking price. That works out to roughly $928 per square foot.
How much is rent at Lofts 399?
The median lease at Lofts 399 over the last 12 months was $2,750/mo, from 18 leases. Units typically leased in 20 days.
What does each unit type cost at Lofts 399?
Over the last 24 months: One-bedrooms rented for $2,650/mo; Two-bedrooms sold for a median $900,000 and rented for $3,750/mo. Each median uses three or more deals.
Are prices at Lofts 399 up or down since 2022?
Down about 13%. The median sold price per square foot was $1,070 in 2022 and $928 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Lofts 399 offer an investor?
At a median price of $900,000 and a median rent of $2,750 a month, the gross yield is about 3.7%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Lofts 399?
Mostly renters. Of the deals here in the last 24 months, 79% were leases and 21% were sales.
Can you Airbnb a unit at Lofts 399?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Lofts 399 had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Lofts 399 zoned for?
For TDSB public schools, the address is zoned for Ryerson Community School (Elementary, JK–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to Lofts 399?
The nearest subway is Osgoode station (Line 1 Yonge–University), 1.0 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.3 km; UP Express runs from Union station, 1.3 km; the 504 King / 508 Lake Shore streetcar stops 0.1 km away; the closest bus is the Ossington (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Lofts 399?
Walk Score 100, Transit Score 100 and Bike Score 98. Most daily errands can be done on foot.
What restaurants and shops are near Lofts 399?
Within about a 10-minute walk: Impact Kitchen (Restaurant), Cibo Wine Bar (Bar), Myth Restaurant (Restaurant), Avenue Open Kitchen (Restaurant), Rodney's Oyster House (Seafood). The closest grocery store is Loblaws, 0.4 km away.
What is my unit at Lofts 399 worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Lofts 399 lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Lofts 399, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.