King Toronto Condos

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High-rise condos in Toronto

489 King Street West, Toronto, ON

A human-made homage to mountainous landscapes, King Toronto Condos has the potential to become one of Toronto’s most iconic buildings.

King Toronto Condos is a condominium development by Westbank and Allied Properties REIT, two well-known land developers in the city. It is currently under construction at 489 King Street West in Toronto, Ontario, and is expected to be completed in 2023.

This incredibly distinctive design will soar 16 stories and house 514 units. The plan will have four bedrooms, with suite sizes ranging from 478 to 4,264 square feet. This seemingly strange yet charming design was created by Bjarke Ingels Group and Diamond Schmitt Architects.

The price range per suite in this Toronto condo for sale will start at $997,990.

Amenities

Est. Property tax 1% of the price / year

Total Min. Deposit 20%
Deposit Notes
$10,000 on signing (must be a bank draft) Balance to 5% in 30 Days 5% in 120 Days 5% in January 2023 5% in January 2024
International
5% on Signing 5% in 90 Days 10% in January 2023 5% in January 2024

Highlights

Floor Plans

All
Studio
1 Bed
2 Bed
3 Bed
4 Bed

Studio

1 Bed

2 Bed

Neighborhood

This location is in the Waterfront Communities—The Island neighbourhood in Toronto and has a nearly flawless walk score of 97 out of 100. It occupies a portion of Lake Ontario and contains the condo-dense area known as Cityplace. As a result, the region is home to a variety of enterprises such as restaurants, cafes, banks, theatres, boutiques, the transit link, schools, and others.

Within a 10-minute drive is the neighbouring CF Toronto Eaton Centre, the busiest shopping mall in all of North America, known for having an exceptionally large indoor shopping centre and office complex. Greenspace is also a selling point in this region because of the local parks that can meet such desires, such as St. Andrew’s Playground Park, Grange Park, McCaul-Orde Park, and more.

Transportation

The King Toronto Condos are well connected to the rest of the city thanks to the area’s transportation system, as seen by its flawless transit score of 100. Subway stations such as Osgoode, St. Andrew, and St. Patrick are only a 9-minute drive away. There are multiple bus stops in the neighbourhood, including King St. West at Portland St. East Side and Bathurst St. at King St. West, all of which are a 5-minute drive away.

The nearest airport is Billy Bishop Toronto City Airport, which is approximately a 9-minute drive away.

Education

The educational infrastructure in the region is ideal for the locals and future residents of King Toronto Condos. Some of the reputable primary and secondary schools in the neighbourhood that provide an excellent education for children are Ogden Junior Public School, City School, and Heydon Park Secondary School.

Moreover, college students interested in furthering their education can do so the University of Toronto which is less than an 18-minute drive away.

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Developer

Westbank Corp is committed to the development of beauty in all of its forms and in its broadest sense. Founded in 1992, is one of North America’s largest luxury residential and mixed-use real estate developers, with approximately $25 billion in completed and planned real estate projects. They have offices in places such as Vancouver, Calgary, Toronto, Seattle, Shanghai, Beijing, Taiwan, Tokyo, Hong Kong, and Shenzhen.

More projects from Westbank Corp

Allied Properties REIT is a leading owner, manager, and land developer in Toronto with over 30 years of expertise. Michael R. Emory, president and CEO, serves on the board of trustees. Emory has worked in real estate since 1988 and was a partner in the legal firm Aird & Berlis LLP, which specialized in corporate and real estate finance.