Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
Zed Lofts in one look.
38 Niagara St, Toronto
Built
2006
Storeys
11
Suites
112
Developer
TAS
Corporation
TSCC-1797
Walk Score
100
Free · about 45 seconds · no obligation
What is your unit at Zed Lofts 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
- 511Bathurst St at Niagara St511 Bathurst streetcarSteps away
- 63OssingtonTTC bus0.8 km
- 29DufferinTTC bus1.0 km
- 1St Andrew stationLine 1 Yonge–University1.5 km
- GOExhibition GOLakeshore West line1.6 km
- UPUnion stationUP Express · Pearson to Union1.7 km
- 114Queens Quay EastTTC bus1.9 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
1.0 km · ~16 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.4 km
Zoned for this address
Catholic elementary
St Mary Catholic Elementary School
0.5 km · ~8 min walk
Nearest, confirm zoning
Catholic elementary
Bishop Macdonell Catholic Elementary
0.7 km · ~11 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.7 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 Zed Lofts actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 1 | too few | 9 | $2,200/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 Zed Lofts
Do mostly owners or renters live here?
Renter-heavy building. Of 26 deals here in the last 24 months, 19 were leases and 7 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 Zed Lofts?
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 Zed Lofts
- 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.
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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.
Bagels
Kettlemans Bagel
Steps away
Sushi
Ah-So Sushi
Steps away
Pizza
Domino's Pizza
Steps away
Mexican
Kong's Hot Tacos
Steps away
Italian
Sundays Pasta Lab
Steps away
Coffee
Starbucks
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Victoria Memorial Square Park
- Northern Linear Park
- Adelaide Place Parkette
Nearest grocery
Farm Boy
Steps away
Prices: TRREB MLS® System aggregate medians for 38 Niagara St, 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.
Zed Lofts is one of the buildings that turned the south end of King West into a condo neighbourhood. It is a 2006 soft loft by TAS and Core Architects, pale concrete and glass on the corner of Bathurst and Niagara, with a rooftop deck and a fee that still covers heat, cooling and parking. It is mid-sized, nearly 20 years old and a fair bit quieter than King Street itself. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Zed Lofts is a soft loft condominium at 38 Niagara Street, on the corner of Bathurst Street and Niagara Street in the King West area of downtown Toronto. Condos.ca lists it as 11 storeys with 112 suites; the developer’s own portfolio page describes 12 storeys and 114 homes. It was developed by TAS and designed by Core Architects, and completed in 2006. The condominium corporation is TSCC-1797, registered on 12 September 2006. Maintenance fees include common elements, heat, air conditioning, water, building insurance and parking.
Zed Lofts at a glance
An early TAS building with Core Architects
Condos.ca leaves the developer field blank for 38 Niagara, but the building appears in the portfolio of TAS, the Toronto developer that now operates as TAS Impact, and on CondoInvestments as a TAS project. TAS credits the design to Core Architects, which also shows up on several boutique King West buildings of the same period, including Twenty Stewart a couple of blocks north.
The developer’s page describes about 98,000 square feet, roughly 97 percent residential and 3 percent commercial, with retail at street level. The exterior is pale, almost whitewashed concrete with prominent glass balconies, which reads as more restrained than the dark brick of many King West neighbours.
The numbers do not quite agree across sources. Condos.ca lists 11 storeys and 112 suites, CondoInvestments gives 11 storeys and a height of about 39 metres, and TAS says 12 storeys and 114 homes. The difference is likely how the ground floor and penthouse levels are counted, but I would rather tell you about the conflict than pick one.
Soft loft suites, from studios to two-level penthouses
Zed is a soft loft: a new concrete building with the exposed concrete and big glass of a loft, not a converted warehouse. TAS lists the mix as studios, one-bedrooms and two-bedrooms, and CondoInvestments puts suite sizes from about 509 to 1,968 square feet.
The large end of that range is the penthouse level. A blogTO feature on one of the two-storey penthouses described floor-to-ceiling windows, a private terrace of roughly 700 square feet with a gas line for a barbecue, and a view of the CN Tower. It also called the interior fairly conventional, which is a fair description of most soft lofts from this era: the drama is in the concrete and the windows, not the millwork.
For the typical suite, expect an open plan with the kitchen along one wall. I always check how much of the square footage is usable, because loft plans with tall windows can make a narrow suite feel generous, or awkward.
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.
What the fees cover
The fee inclusions are better than most of what has been built downtown since. The condos.ca record shows common elements, building insurance, water, heat, air conditioning and parking all covered. Many newer King West towers meter heating and cooling to each suite and sell or lease parking separately.
So when you compare a Zed fee with a newer building, add back the newer building’s heating and cooling bills and the cost of a parking spot before drawing conclusions. Hydro for lights and plugs and internet are on you.
With 112 owners sharing costs, Zed sits in a sensible middle: big enough that one repair does not swamp the budget, small enough that you will notice a major project in the fee.
Life at Bathurst and Niagara
The corner location means two different experiences. Suites facing Bathurst take the traffic and streetcar noise of a major north-south route; suites on the Niagara side and higher up are calmer and catch the downtown views. Ask which side a suite faces before you book a showing.
You are a short walk south of King West’s restaurants and a step removed from its nightlife, which many owners here see as the right balance. King West has kept densifying around this pocket, so expect construction somewhere nearby in most years. The data panel on this page covers transit, parks and food in the area.
The retail at grade is small, roughly 3 percent of the floor area by the developer’s own description, so do not expect a grocery store in the base of the building. What you get is a residential corner with a bit of street life, which suits people who want King West nearby but not on their doorstep.
Pricing at Zed Lofts
There were no active listings at Zed when I checked, and the condos.ca record did not publish a building average per square foot, so I am not going to invent one. The recent sold data in the panel above is the best guide to what suites here actually trade for.
When I price a Zed suite, I compare it with other 2000s soft lofts nearby, such as Twenty Stewart, rather than with new towers. Older concrete loft buildings with heat, cooling and parking inside the fee usually trade at a discount per square foot to new construction, but the gap narrows once you account for the inclusions and for the parking spot that comes with many suites.
Penthouses with large terraces are a separate market and should be priced against other terrace suites, not the building’s typical one-bedroom. For a full breakdown, my building sold report is the place to start.
Building specifications
| Building name | Zed Lofts |
| Address | 38 Niagara Street, Toronto |
| Developer | TAS (now TAS Impact) |
| Architect | Core Architects |
| Storeys | Sources conflict: 11 (condos.ca, CondoInvestments) or 12 (TAS) |
| Total suites | Sources conflict: 112 (condos.ca, CondoInvestments) or 114 (TAS) |
| Condo corporation | TSCC-1797 |
| Registered | 12 September 2006 |
| Property management | Horizon Property Management |
| Suite sizes | Approximately 509 to 1,968 sq ft |
| Unit types | Studios, one-bedroom, two-bedroom and two-level penthouses |
| Fees include | Common elements, heat, air conditioning, water, building insurance and parking |
| Retail | Retail at grade |
Amenities at Zed Lofts
The amenity package is practical rather than lavish: a shared rooftop deck, a party room and a meeting room, plus BBQs and security. The rooftop is the one that matters day to day, since most suites have only a balcony; there is no pool, and I did not find a gym listed.
Jatin’s honest take on Zed Lofts
Who this building suits
Buyers who want loft character, a parking spot and predictable monthly costs a short walk from King West. First-time buyers and young professionals fit the studios and one-bedrooms, while the two-level penthouses with terraces suit downsizers and couples who want real outdoor space downtown. It also suits investors looking for an established building with a long sales history to price from.
What I’d want you to check
Zed is about 20 years old, which puts the roof, garage membrane, heating and cooling equipment, balconies and elevators into the period when major work comes due. Read the reserve fund study and the status certificate, and ask the manager, listed as Horizon Property Management, what has already been replaced. Confirm which side of the building the suite faces, the parking and locker that transfer with it, and that the storey and suite count discrepancies do not affect anything in the status certificate.
The value question
Without a published building average I won’t put a number on it here, but the logic is straightforward. You are buying an established building by a respected developer and architect, with heat, cooling and parking bundled in, usually for less per square foot than new construction nearby. If the reserve fund is healthy, I think that is good value for an owner who plans to stay. Book a call and I will pull the recent comparables for you.
Free building report: Zed Lofts
Send me your email and I’ll put together a current report on Zed Lofts — 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.
Zed Lofts — frequently asked questions
Who developed Zed Lofts?
TAS, the Toronto developer now known as TAS Impact, lists Zed in its portfolio. Condos.ca leaves the developer field blank.
Who was the architect of 38 Niagara Street?
Core Architects designed the building, according to TAS and CondoInvestments.
How many storeys and suites does Zed Lofts have?
Condos.ca lists 11 storeys and 112 suites, while TAS describes 12 storeys and 114 homes. The difference is probably in how ground-floor and penthouse levels are counted.
When was Zed Lofts built?
It was completed in 2006, and the condominium corporation, TSCC-1797, was registered on 12 September 2006.
What do maintenance fees include at Zed Lofts?
Common elements, heat, air conditioning, water, building insurance and parking are included. Hydro for lights and plugs and internet are separate.
What amenities are at 38 Niagara Street?
A shared rooftop deck, party room, meeting room, BBQs and security. There is no pool, and a gym is not listed.
Is Zed Lofts a real loft conversion?
No. It is a new-build soft loft from 2006 with exposed concrete and large windows, not a converted warehouse.
What suite types are available?
Studios, one-bedrooms and two-bedrooms from about 509 to 1,968 square feet, plus two-level penthouses with terraces.
Who manages Zed Lofts?
The condos.ca record lists Horizon Property Management. Confirm the current manager on the status certificate.
How does Zed Lofts compare with Twenty Stewart?
Both are 2000s soft lofts with Core Architects credits and fees that include heat, cooling and parking. Zed is larger at around 112 suites with a rooftop deck and party room, while Twenty Stewart has 59 suites and fewer amenities.
How much is rent at Zed Lofts?
The median lease at Zed Lofts over the last 12 months was $2,250/mo, from 10 leases. Units typically leased in 36 days.
What does each unit type cost at Zed Lofts?
Over the last 24 months: One-bedrooms rented for $2,200/mo. Each median uses three or more deals.
Do mostly owners or renters live at Zed Lofts?
Mostly renters. Of the deals here in the last 24 months, 73% were leases and 27% were sales.
Can you Airbnb a unit at Zed Lofts?
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 Zed Lofts 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 Zed Lofts 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 Zed Lofts?
The nearest subway is St Andrew station (Line 1 Yonge–University), 1.5 km away; the nearest GO station is Exhibition GO on the Lakeshore West line, 1.6 km; UP Express runs from Union station, 1.7 km; the 511 Bathurst streetcar stops 0.0 km away; the closest bus is the Ossington (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Zed Lofts?
Walk Score 100, Transit Score 96 and Bike Score 99. Most daily errands can be done on foot.
What restaurants and shops are near Zed Lofts?
Within about a 10-minute walk: Kettlemans Bagel (Bagels), Ah-So Sushi (Sushi), Domino's Pizza (Pizza), Kong's Hot Tacos (Mexican), Sundays Pasta Lab (Italian). The closest grocery store is Farm Boy, 0.1 km away.
Which parks are near Zed Lofts?
Victoria Memorial Square Park, Northern Linear Park, Adelaide Place Parkette are the closest green spaces.
What is my unit at Zed Lofts 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 Zed Lofts 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 Zed Lofts, 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.