King Toronto — photo 1 of 2
Under Construction Assignment Friendly

King Toronto

By Westbank, Allied Properties REIT

King West, Toronto, Ontario
Condo
Occupancy: 2027
1 - 3 Beds
555 - 1,173 sq ft sqft

Starting from

$2,296,990

TypeCondo
From$2,296,990
Storeys16 floors
Units514
Beds1 - 3
Baths1 - 3
Size555 - 1,173 sq ft sqft
Completion2027

Overview

Project Details

Architect
BIG - Bjarke Ingels Group
Building type
Condo
Storeys
16 storeys
Total homes
514
Beds
1 - 3
Baths
1 - 3
SqFt
555 - 1,173 sq ft sqft
Parking cost
$125,000
Storage cost
$12,000
Maint/sqft
$0.92/sq ft
Avg price/sqft
$1850
Estimated completion
2027
Deposit structure
20% tiered deposit
Assignment policy
Assignment Friendly
Appreciation forecast
4.8%/yr

King Toronto is a transformative condominium development by Westbank and Allied Properties REIT located in the heart of the King West district in Toronto, Ontario. This architectural landmark comprises 514 residences spread across 16 storeys, offering a diverse unit mix of one to three-bedroom layouts designed to integrate seamlessly into the historic streetscape. The building is defined by its commitment to design excellence, featuring an inner courtyard park, rooftop forest terraces, hydrotherapy pools, and a dedicated wellness centre. Residents also benefit from comprehensive building services including 24-hour valet and concierge staffing. The project stands as a significant addition to the local urban fabric, prioritizing functional living spaces alongside expansive communal areas that promote an elevated residential experience in Canada’s most populous city. Prospective buyers can acquire residences starting from $2,296,990 CAD, with individual units ranging from 555 to 1,173 square feet. The project requires a 20 percent tiered deposit structure, with occupancy scheduled for 2027. Situated in one of Toronto’s most dynamic neighbourhoods, the location offers immediate proximity to premier transit corridors and the city’s primary financial and entertainment hubs. King West continues to command strong interest from both investors and residents due to its high walkability and concentration of essential urban services. As a long-term real estate asset, King Toronto reflects the broader growth trends of the Greater Toronto Area, where demand for premium, well-connected housing remains consistent. This development represents a strategic opportunity to participate in the ongoing evolution of Toronto’s core, benefiting from the region's enduring appeal as a centre for business, culture, and high-density residential living.

#PreConstruction#NewCondos#TorontoCondos#TorontoRealEstate#OntarioRealEstate

Pricing and Fees

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The Loft 555

1 Bed 1 Bath 555-580 sqft

From

Efficient one-bedroom layout with open-concept living space and high-end finishes.

Courtyard Suite

1 Bed 1 Bath 610-650 sqft

From

Spacious one-bedroom with a dedicated den area, perfect for a home office.

Terrace View 1+1

1 Bed 1.5 Bath 700-750 sqft

From

Functional layout featuring a powder room and private balcony access from the living room.

Urban Two Bed

2 Bed 2 Bath 820-880 sqft

From

Split-bedroom floor plan designed to maximize natural light and privacy.

King Collection 2BR

2 Bed 2 Bath 900-980 sqft

From

Expansive corner unit with wrap-around windows and premium kitchen cabinetry.

Family Grand

3 Bed 2 Bath 1050-1173 sqft

From

Luxurious three-bedroom residence featuring an open island kitchen and large master suite.

AI-generated floor plan estimates. Contact us for official floor plans and pricing.

Amenities

Inner Courtyard Park
Rooftop Forest Terraces
Hydrotherapy Pools
Wellness Centre
24-Hour Valet and Concierge

Neighbourhood

99Walk
100Transit
97Bike

About the Neighbourhood

Located in the core of King West, known for top restaurants, nightlife, boutique shopping, and premier downtown culture.

489-539 King Street West, Toronto, ON M5V 3M4

Contact sales center

Request additional information including price lists and floor plans.

Investment Analysis

Investment Analysis

AI-scored using verified market signals

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Investment Analysis on this project is available to sponsor.

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93
OUT OF 100
Excellent opportunity

Strong fundamentals across location, rental economics and growth outlook.

Est. monthly rent

$3,200–$6,500

5-yr appreciation

+4.8%

Starting from

$2,296,990

Price per sq ft

$1,850

How this score is calculated
Walkability99/100 Walk Score
Transit access100/100 Transit Score
Cycling97/100 Bike Score
Rental yield potential1.67% gross yield
Appreciation outlook+4.8%/yr forecast

The AI Investment Score blends the verified signals above — location scores, rental economics and appreciation outlook — with how strongly the project was corroborated across independent sources. It is a research aid, not financial advice.

Rental Yield Calculator

Estimate cash flow & returns for this unit

Purchase & Financing

Purchase Price$2,296,990
$300,000$3,000,000
Down Payment35%
5%50%
Mortgage Rate4.5%
2.0%10.0%
Amortization30 yrs
10 yrs30 yrs

Rental Income

Monthly Rent$12,850
$1,000$8,000
Vacancy Rate3%
0%15%

Monthly Summary

Monthly Cash Flow

+$2,952

Positive cash flow / month

Gross Yield

6.51%

Net Yield

5.49%

Monthly Breakdown

Effective Rent+$12,465
Mortgage Payment-$7,565
Condo / Strata Fee-$600
Property Tax-$350
Mgmt Fee-$997
Net Cash Flow+$2,952

* Estimates only. Consult a financial advisor before investing. Figures exclude insurance, repairs, and capital improvements.

Mortgage Calculator

Estimate your payment

Loan Details

$2,296,990
20% ($459,398)
5.25%
25 years

Payment Frequency

Monthly Payment

$11,012

Principal & interest

Mortgage Amount

$1,837,592

Total Cost

$3,303,518

* Estimates only, for illustration. Excludes taxes, insurance and fees. Confirm rates with your lender.

Closing Cost Estimator

Taxes calculated for Ontario · Toronto
$2,296,990
20%
Land Transfer Tax (Ontario + Toronto)$87,800

Ontario tax plus Toronto municipal tax

Legal Fees$1,500
Title Insurance$400
Home Inspection$500
Total Closing Costs$90,200

Investment Return Estimator

$2,296,990
20%
4.8%
$3,200
5 yrs
Down Payment$459,398
Property Value in 5 yrs$2,903,792
Total Rental Income (net)$99,575
Estimated Profit$561,188
ROI on Down Payment122%

Frequently Asked Questions

Units at King Toronto start from $2,296,990. This price reflects the luxury nature and unique architectural design of the development.

Still have a question about King Toronto?

Illustrative estimates only — not financial, tax or investment advice. The investment score, rental yield projections, appreciation forecasts, closing-cost and mortgage figures presented in this section are computer-generated estimates produced for demonstration purposes. They do not constitute an appraisal, a formal opinion of value, a mortgage pre-approval, or any form of financial, tax or legal advice, and they must not be relied upon when making a purchase decision. Actual costs, taxes, financing terms and returns will vary with the applicable jurisdiction, lender criteria, market conditions and individual circumstances. CondoGuru.ca and its affiliates make no representation or warranty as to the accuracy or completeness of these figures and expressly disclaim all liability for any loss or damage arising from reliance upon them. Prospective purchasers should independently verify all amounts with the developer's sales team, a licensed mortgage professional, and a qualified legal or tax advisor.

Developer Profile

Developer Profile

Westbank & Allied Properties REIT

Vancouver, British Columbia, Canada

Westbank is a globally recognized developer acclaimed for innovative architecture, sustainable city-building, and high-design residences.

Projects

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Other Projects by This Developer

No other projects found.

Last updated: September 28, 2026

Disclaimer: CondoGuru.ca provides information on new construction homes and condos from various sources, including builders, manual research, third-party sources, and public data. While we strive for accuracy, all information is for reference only. We are not responsible for any use or misuse of the content on our site. Prices, sizes, specifications, and promotions are subject to change by the builder without notice. Renderings are artist's concepts. E.&O.E.

From$2,296,990