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    PH01 - 478 King St

    For SaleVictory Lofts
    $1,260,000
    2 Beds + 1
    2 Bath
    2 Parking
    972 SQFT
    5 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Soft Loft
    Maintenance Fees:
    $810/mth
    Taxes:
    $4,778 (2024)
    Cost Per Sqft:
    $1,296/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    14.01 x 8.99ft
    Kitchen
    14.99 x 7.02ft
    Prim Bdrm
    10.01 x 8.99ft

    About this Listing

    Discover a rare, two-level penthouse in King West's celebrated 'Victory' building, offering 1,880 sqf of thoughtfully arranged living space that exudes modern elegance. This corner unit captivates with floor-to-ceiling windows that frame mesmerizing North-East sky views of downtown Toronto, setting a luminous, open tone throughout. An open-concept layout reveals 10-ft ceilings, an chef-inspired kitchen, and two meticulously designed modern bathrooms that blend style with comfort. Ascend to the second-floor work/play den, which seamlessly opens to an exclusive 828 sqft rooftop terrace-complete with gas, water, and electricity. Here, enjoy epic CN Tower views, whether hosting a BBQ, soaking in a hot tub, or unwinding under the city lights. Ideally situated in the heart of the Entertainment District, you're steps from renowned restaurants, vibrant nightlife, and convenient streetcar access. Custom-designed in collaboration with the builder, this penthouse also features two prime parking spots, a 24-hour concierge service, and an onsite fitness facility. Embrace a refined, executive lifestyle in one of King West's most iconic addresses, where every detail is curated for both immediate enjoyment and appreciation.

    new era real estateMLS® #C11978370


    Amenities

    Rooftop Deck
    Games Room
    Media Room
    Concierge
    Party Room
    BBQs Allowed

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Victory Lofts vs The King West Area

    Days on Strata

    Units at Victory Lofts spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    6%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    Victory Lofts offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Victory Lofts has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Victory Lofts yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Victory Lofts is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 478 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,000$585,000 - $625,000$590,000 - $660,000No DataNo Data
    Avg. Cost Per Sqft$1,323$1,145$930No DataNo Data
    Avg. Wait for Unit Availability567 Days77 Days118 Days140 Days647 Days
    Ratio of Units in Building8%40%26%22%7%

    Transactions vs Inventory

    Total number of units listed and sold in King West