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The Derby Lofts

393 King St W, Downtown

Features

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Price/Sqft Range

700 sqft - 799 sqft

Avg Price/Sqft

$732 / sq. ft.

Completed

Built: 1990

Building Scale

Floors: 4 | Total Units: 26

Building Details

Building Type

Mid-Rise condo

Property Management

Built in 1990

Condo Corp

MTCC-900

Date Registered

Jul 13, 1990

Maintenance Fees Include

Water

Building Insurance

Common Element

Air Conditioning

Description

The Derby Lofts

393 King St E, Toronto Waterfront Communities C1 (Corktown)

  • Storeys: 4
  • Units: 26
  • Year Built: 1990
  • Developer: Derbyco Development
  • Building Type: Mid-Rise Loft Conversion

About The Derby Lofts

Completed in 1990 as an industrial loft conversion in Downtown Toronto, The Derby Lofts was created by renovating a historic warehouse located in the King Street East corridor.

Built by Derbyco Development, a company well-known for their commercial investments, this four-storey boutique building is home to only 26 suites. Exposed brick walls, wood beams, and 16-foot ceilings provide character, while highlighting the raw materials of the original warehouse. A full-height glass atrium brings natural light into the residential halls at the building's core.

Suites vary in size, as is typical in loft conversions, with unique floor plans that maximize the 16-foot ceiling heights. Large windows are characteristic of loft buildings, emphasizing the interior brick and timber elements. The building retains value by preserving architectural materials that are difficult to recreate, and as a heritage conversion, it holds historical significance for the city.

Building Amenities & Features

  • Central Glass Atrium
  • Ground Level Parking
  • Private Rooftop Terraces (exclusively assigned to selected units)
  • Minimal Common Areas (intended to keep monthly maintenance fees low)

Community Lifestyle

Homeowners value architectural integrity and a historic urban lifestyle. Residents who appreciate design have long embraced the character of Corktown and the downtown core, preferring its authentic atmosphere over high-density apartment towers. With so few units, The Derby Lofts experiences minimal turnover, making it notoriously difficult to secure a unit. Residents enjoy the area's walkability to the shops and restaurants along the King East corridor, while maintaining easy access to the Financial District.

About the Developer

Derbyco Development played a significant role in the adaptive reuse of Toronto's industrial buildings in the early 1990s. The project successfully preserved the building's original brick and beam construction, maintaining the architectural integrity of this historic structure.


Neighborhood

Hospital
Other
Park
Public Transit
Place Of Worship

Building Sales History

Jul 2026 — 1 Listed | 0 Sold

93 days on market

MLS® # C13031456

Jul 2, 2026

Price Change

Apr 22, 2026

Listed For Sale

$498,800
Apr 2026 — 1 Listed | 0 Sold

181 days on market

MLS® # C12772878

Apr 30, 2026

New

Feb 9, 2026

Listed For Sale

$549,000

Waterfront Communities C1 Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.