1501-438 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13529678

$1,650,000
For Sale
Listed 11 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Discover unparalleled urban luxury at The Hudson, an award-winning condominium residence in the heart of downtown Toronto's vibrant King West neighbourhood.Step into this stunning, recently renovated 2-bedroom, 2-bathroom suite spanning over 1,200 square feet of sophisticated living space. Thoughtfully updated with modern finishes, the open-concept design offers an inviting flow perfect for both relaxed living and effortless entertaining. Soaring ceilings and premium details create a bright, airy atmosphere throughout.The true show stopper is the massive private terrace - over 2,500 square feet of outdoor sanctuary, truly a backyard in the sky. Likely one of the largest in the city, this expansive oasis provides breathtaking views of the iconic CN Tower. Whether hosting summer gatherings, enjoying morning coffee, or simply unwinding under the stars, this terrace redefines outdoor living in the downtown core.This exceptional residence also includes 1 parking space and 3 lockers for ultimate convenience. Located at 438 King Street West, The Hudson offers exceptional building amenities and a prime address steps from world-class dining, theatres, galleries, shops, and transit.This rare offering combines spacious interiors, spectacular outdoor space, and an unbeatableKing West location - an extraordinary opportunity in one of Toronto's most sought-after communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13529678
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
King St and Spadina Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,577/mo
Exposure
East
Property tax
$5,739 / 2026
Days on market
11
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Dining RoomFlat4.65 × 22.49 m

b/i bar · pot lights · overlooks living

KitchenFlat5.00 × 2.64 m

quartz counter · centre island · stainless steel appl

Bedroom 2Flat3.45 × 2.72 m

double closet · overlook patio · window floor to ceiling

FoyerFlat4.01 × 1.70 m

double closet · led lighting · tile floor

Primary BedroomFlat3.56 × 3.28 m

5 pc ensuite · double closet · window floor to ceiling

Living RoomFlat6.27 × 4.27 m

open concept · fireplace · w/o to terrace

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Ogden Junior Public 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 East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.31Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1915-480 Front Street$1.55M4905-65 Bremner Boulevard$1.25M1903-480 Front Street$1.57M3509-35 Mariner Terrace$1.14M325-30 Nelson Street$1.05M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.65MThis home1.55M1.25M1.57M1.14M1.05MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $1.05M
$1,270this home / sqft
15active listings nearby
11days on market

This home lists 26% above the area average of $1,007/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

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 East Side, about 33 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$1.19M
Church-Yonge Corridor
$577K
Annex
$1.57M
Mimico
$800K
Banbury-Don Mills
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$7,520/mo
$333KIncome needed
5.0×Price ÷ income
$1,735Weekly cost
20% down4.79%25-yr amortization

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.

79%mortgage
Mortgage $7,520Property tax $478Condo fee $1,577Total carry $9,575

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,044per month

Mortgage amount $1,320,000 · 4.14% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$9,099Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,044
Property tax
$478
Condo / maintenance fees
$1,577
Heating
$0
Estimated monthly cost
$9,099

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$29,475
Toronto municipal land transfer tax
$29,475
Estimated closing costs
$58,950

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,556/monthPayment at the qualifying rate

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

$793,203Total interest paid
$2,113,203Total of all payments
Principal $1,320,000 Interest $793,203
YearPrincipalInterestBalance
1$30,923$53,605$1,289,077
2$32,217$52,312$1,256,860
3$33,564$50,964$1,223,296
4$34,968$49,560$1,188,328
5$36,431$48,097$1,151,898
6$37,955$46,574$1,113,943
7$39,542$44,986$1,074,401
8$41,196$43,332$1,033,205
9$42,919$41,609$990,286
10$44,714$39,814$945,571
11$46,585$37,943$898,986
12$48,533$35,995$850,453
13$50,563$33,965$799,890
14$52,678$31,850$747,211
15$54,882$29,646$692,329
16$57,178$27,351$635,152
17$59,569$24,959$575,582
18$62,061$22,467$513,521
19$64,657$19,871$448,865
20$67,361$17,167$381,503
21$70,179$14,349$311,324
22$73,114$11,414$238,210
23$76,173$8,355$162,037
24$79,359$5,169$82,678
25$82,678$1,850$0

At the end of your 5-year term

Total paid over the term
$422,641
Principal paid down
$168,102
Interest paid
$254,538
Balance remaining
$1,151,898

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.

Let's connect

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

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
1.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.0%
Gross yield
− Property tax $5,739− Condo fees $18,920− Insurance $600− Vacancy & upkeep $5,412Net operating income $18,529

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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