Twenty Niagara, 20 Niagara St: 22 Park-Facing Lofts, Two Per Elevator

Twenty Niagara is a building I describe as a downtown townhouse stacked six high. There are only 22 suites, each elevator opens to just two front doors, and the balconies look straight over Victoria Memorial Square at the quiet end of Niagara Street. It was built in 1999, before King West filled with towers, and it has aged into one of the most private addresses in the area. I’m Jatin Dua, RE/MAX Quantum Realty.

Built before the boom, facing the park

BlogTO described Twenty Niagara as having been built in the 1990s, just before the condo boom, and that timing is the key to understanding it. It went up when this part of King West was still mostly low-rise industrial, and it was designed as a small luxury building, not a high-density investor product. The towers that now surround it came later.

The building is white concrete and glass, six storeys, with deep balconies on the park side. It sits at the east end of Niagara Street, just east of Bathurst, and fronts Victoria Memorial Square. Across the street is a city park rather than a development site, which is about as secure an outlook as downtown offers.

Sources disagree on a few basics. Condos.ca and the property manager’s page say 22 suites, while one loft directory’s fact table says 24. One directory names Cohen & Alter Inc. as the developer, while condos.ca lists none. I could not find a named architect in any source I checked.

Four suites a floor, two per elevator

The property manager’s page describes four suites per floor. A loft directory adds the detail that matters most: the elevators are semi-private, and each one opens to only two suite doors. That means no long corridor and no lineup of neighbours, which is very rare in a downtown condo.

Suites run the full width of the building, with windows at both the east and west ends, so you get light from two sides and natural cross-ventilation. Interiors are reported to have exposed concrete ceilings and walls, ceiling heights of 10 to 16 feet, gas stoves and fireplaces.

Sizes are large for King West. Condos.ca lists about 901 to 2,885 sq ft. One directory says plans start around 1,100 sq ft with the largest penthouse at about 2,600 sq ft, and BlogTO profiled a three-level suite with 16-foot ceilings and a floating staircase in 2016. The upper floors appear to include multi-level penthouses with terraces, so the top of the range is a very different product from a standard floor.

The through-suite plan also shapes how you furnish. With windows at the ends and the elevator and services in the middle, the centre of each suite is the darkest part, so look at where the bedrooms sit and how much light reaches them. Higher floors and the penthouse levels do best, and the park-facing end is the one to prioritize.

A soft loft, not a conversion

Twenty Niagara gets called a loft because of the concrete, the volume and the open plans, but it is a purpose-built condominium, not a converted warehouse. If you want old brick and timber beams, look at the conversions nearby. If you want loft scale in a concrete building that was designed as housing from the start, this is the better fit.

Neighbouring Zed Lofts at 38 Niagara is a useful comparison on the same street. Both are small buildings, but Twenty Niagara’s park frontage and two-suites-per-elevator layout are what set it apart.

What the 22-suite size means for owners

Condos.ca lists an exercise room, a parking garage, a security guard, a security system and permission for BBQs. BlogTO mentioned a large rooftop deck with a barbecue hookup, though it was not clear whether that is shared or attached to a suite. Confirm which outdoor spaces are common and which are exclusive-use before you buy.

With only 22 owners, every major repair is split 22 ways. That is manageable for routine work and painful for a big one. The building is now 27 years old, which puts windows, balcony membranes, the roof, the garage and the elevators squarely in the replacement window.

The property manager is also unclear. Condos.ca lists Performance Property Management, while Dash Property Management hosts a page for the building with the same corporation number. Ask the corporation directly who manages it today.

Price per foot and what the fee buys

Condos.ca puts the building average at about $1,213 per square foot, which is high for a 1999 building and reflects how much buyers value the park, the privacy and the size. It is also built on very few sales. One loft site’s resale table shows between zero and three sales a year from 2020 to 2025, so a single transaction can move the average a lot.

In October 2026 there were two suites listed for sale and none for rent. Only one showed an asking price, and I do not quote a single listing, so the useful guide is the building average and your own comparables.

The fee is the other side of the value case. It is reported to include common elements, heat, building insurance, water, air conditioning and parking, which is a much more complete package than most downtown buildings. Compare it to a newer tower only after you add back heating, cooling and a parking charge, and the gap usually narrows.

Building specifications

Amenities at Twenty Niagara

The amenity list is short because the building is small. What you are really buying is a near-private elevator, park views and large through-suites, not shared facilities.

Jatin’s honest take on Twenty Niagara

Twenty Niagara — frequently asked questions

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.