PH-02-478 King Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13059542
About this home
A penthouse that knows exactly who she is. A private two-storey residence in one of King West's most desirable boutique buildings, offering over 2,800 square feet inside and 2,700+ square feet of rooftop living above it all. Big scale. Real privacy. No theatrics required. The design is crisp and confident. Clean lines. Seamless indoor-outdoor flow. A soft, neutral palette that lets the architecture speak for itself. Nothing loud. Yet nothing accidental. Inside, the proportions hit immediately. Eleven-foot ceilings. Floor-to-ceiling glass. A glass-enclosed staircase. Layered textures. Spa-inspired washrooms. Custom storage everywhere you actually need it. Modern, but warm. Polished, not precious. The main living space makes its own statement. Expansive, light-filled, and anchored by a rare dual-sided fish tank with its own private caretaker (just ask!). The kitchen understands the assignment. Dark, streamlined cabinetry, easy four-person seating, and a hidden walk-in pantry with 200-bottle wine storage. Long brunches & oversized dinner parties encouraged. The primary suite is calm and considered, with integrated wardrobes and a generous ensuite featuring a glass-in shower, dual vanity, and deep soaker tub. Two additional bedrooms are quietly tucked away, along with thoughtful extras including a Carrie Bradshaw-level dressing room, a powder room, a real front hall closet, and a full-size laundry room. Thoughtful beats showy every time. We can prove it. Then there's the rooftop. And yes, it delivers. Fully private. Meaning, all yours. Sunny lounging and dining areas. City and CN Tower views. Designed for long evenings, late starts, and absolutely no reason to leave. Residents enjoy 24-hour concierge service, fitness facilities, and an elegant resident lounge. Two underground parking spaces and adjacent storage lockers complete the picture. Bring the dog (big or small) and the cat too!
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13059542
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2750-2999
- Cross streets
- King St W & Bathurst St
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete, Other
- Maintenance
- $2,278/mo
- Exposure
- North
- Property tax
- $14,216 / 2025
- Days on market
- 79
- Listing brokerage
- FOX MARIN ASSOCIATES LTD.
Rooms
separate room · laminate · w/o to terrace
concrete floor · balcony · north view
5 pc ensuite · w/o to balcony · his and hers closets
combined w/living · window floor to ceiling · closet
swing doors · tile floor · laundry sink
b/i appliances · centre island · pantry
window floor to ceiling · combined w/dining · open concept
w/o to balcony · 5 pc ensuite · window floor to ceiling
Balcony
sliding doors · laminate · separate room
Listed at $3,200,000, this home is tracking about 16% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,113/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.16M, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $893K
- Size difference +$1.30M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $2.23M
That comparable adjusts to $2.23M; the $2.75M estimate above is the median of all 18 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. King St West at Spadina Ave West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.75M, median of 18 comparables.
This home lists 3% below the area average of $1,143/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: King St West at Spadina Ave West Side, about 52 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,560,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,661
- Property tax
- $1,185
- Condo / maintenance fees
- $2,278
- Heating
- $0
- Estimated monthly cost
- $17,124
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $66,475
- Toronto municipal land transfer tax
- $68,475
- Estimated closing costs
- $134,950
Plus your down payment of $640,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $819,667
- Principal paid down
- $326,017
- Interest paid
- $493,650
- Balance remaining
- $2,233,983
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOX MARIN ASSOCIATES LTD.. MLS®/PropTx.