King Street West is one of Toronto’s most iconic and culturally significant urban corridors. As the longtime heart of Toronto’s financial and theatre districts, King Street West has cultivated a refined and upscale reputation. This reputation is clearly reflected in the types of residential
developments the street has attracted in recent years, and that trend is poised to continue with the impending arrival of 533 King Street Condos.
King Toronto Condos is being led by Westbank Corporation and Allied Properties, a co-development consortium that owns and manages an impressive portfolio of prestigious properties in Canada and around the world. Current projections indicate the building will be move-in ready by 2020, so now is the time to act if you’ve been looking for a newly built condominium suite in a premium downtown Toronto location.
Architectural renderings of the developments exterior show a unified building with a distinctive rising-and- falling pattern reminiscent of pixels. The building is designed to elevate and recede to a series of peaks and valleys, which will range in height from 12 to 16 storeys. This striking complex will occupy almost an entire block of King Street West between Portland Street and Spadina Avenue.
While the façade has a decidedly contemporary design, the 533 King Street Condos property will also preserve a collection of several heritage buildings that currently occupy the condominium’s future site. These buildings will be restored and integrated into the complex’s unique exterior, creating a fascinating combination of old and new that acknowledges Toronto’s past while looking ahead to its future.
Because the building is separated into distinct sections and modules, homebuyers and investors will have a very broad range of floorplans and directional exposures to choose from. The complex has been designed to maximize natural light and sun exposure to the greatest possible degree, and suites will feature private terraces with excellent street and skyline views.
Sources place the projected number of units between 514 and 624. Published reports have indicated an expected floorplan breakdown in the following proportions:
The building’s innovative architecture includes a series of knock-out panels separating some of its smaller units, allowing them to be combined to create a customized larger suite if needed. With a denser-than-usual concentration of two-bedroom and three-bedroom units, the 533 King
Street Condos community is also an excellent option for families who are looking for rare ownership opportunities in a central downtown location.
In addition, the property will feature mixed-use spaces on its lower three floors, including ground-level retail facilities and offices on the second and third floors. The site is projected to become an integral part of the King Street West community, which is currently undergoing an exciting period of change.
One of the most talked-about features of the projects design is the beautiful public courtyard it will include. Sized at approximately 21,000 square feet (1,950 square metres), the courtyard will be divided into two separate zones. The first zone will consist of a professionally designed and landscaped mini-forest of evergreen trees, while the second zone will be an urban patio area with seating areas and direct access to the ground-level retail facilities. The designers have also included a “secret” feature, in the form of a concealed garden that will be placed at the rear of one of the heritage buildings the property will incorporate.
LIVING IN KING WEST VILLAGE
King West Village is one of Toronto’s fastest growing neighbourhoods. It has been compared to the Soho neighbourhood in New York. King West Village is especially popular with young urban professionals, both singles and couples, who desire an urban lifestyle close to their downtown offices and within walking distance of Toronto’s entertainment district.
This development is located in park heaven, with 5 parks and 6 recreation facilities within a 15 min walk.
Facilities within a 15 min walk