519-560 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13575122

$448,000
For Sale
Just listed today
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to Fashion House, one of King West's most iconic boutique residences by Freed Developments. This stylish one-bedroom suite features a thoughtfully designed open-concept layout with 9-foot exposed concrete ceilings, floor-to-ceiling windows that fill the space with natural light, and a Juliette balcony, creating a bright and contemporary urban living space. Enjoy enhanced privacy with no direct residential buildings to the south, a rare feature in the heart of King West. Residents enjoy exceptional amenities, including the iconic rooftop infinity pool with breathtaking skyline views, private cabanas, a fully equipped fitness centre, party room, and 24-hour concierge. Ideally located in the heart of Toronto's vibrant Fashion District, you're just steps from The Well, world-class restaurants, cafés, shopping, nightlife, everyday essentials, and TTC transit. Whether you're a first-time buyer, young professional, investor, or seeking an elegant pied-à-terre, this is a rare opportunity to own one of King West's most coveted addresses.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13575122
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King & Portland
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$494/mo
Exposure
South
Property tax
$2,494 / 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomFlat3.28 × 4.26 m

wood · south view · juliette balcony

BathroomFlat2.42 × 3.03 m

4 pc bath · glass doors · tile floor

KitchenFlat1.02 × 3.13 m

granite counters · stainless steel appl · combined w/dining

Dining RoomFlat3.28 × 4.25 m

wood · open concept · combined w/kitchen

Primary BedroomFlat2.79 × 3.12 m

wood · closet · closet organizers

Moe’s TakeTeam Asgarian · Broker
Below comparables
$516Kest. value

Listed at $448,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $461K, a bit lower.

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 $490K
  • Adjusts to $490K

That comparable adjusts to $490K; the $516K estimate above is the median of all 14 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 Portland St East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$448KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $516K, median of 14 comparables.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$482kavg asking

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

3012-125 Peter Street$450k1502-19 Bathurst Street$433kPH08-352 Front Street$490k1708-199 Richmond Street$499k616-543 Richmond Street$538k

The 5 closest of 8 active listings nearby.

See all comparable homes
448kThis home450k433k490k499k538kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $595K
$815this home / sqft
52active listings nearby

This home lists 12% below the area average of $931/sqft.

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 Portland St East Side, about 41 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
$1.24M
Church-Yonge Corridor
$590K
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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,042/mo
$97KIncome needed
4.6×Price ÷ income
$471Weekly 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.

74%mortgage
Mortgage $2,042Property tax $208Condo fee $494Total carry $2,743

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%
$
%
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)
$1,913per month

Mortgage amount $358,400 · 4.14% over 25 years

$89,600Down payment (20.0%)
$358,400Loan before insurance
$0CMHC premium
$2,614Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,913
Property tax
$208
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$2,614

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

One-time closing costs

Ontario land transfer tax
$5,435
Toronto municipal land transfer tax
$5,435
Estimated closing costs
$10,870

Plus your down payment of $89,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,323/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

$215,367Total interest paid
$573,767Total of all payments
Principal $358,400 Interest $215,367
YearPrincipalInterestBalance
1$8,396$14,555$350,004
2$8,747$14,203$341,257
3$9,113$13,838$332,143
4$9,494$13,456$322,649
5$9,891$13,059$312,758
6$10,305$12,645$302,452
7$10,736$12,214$291,716
8$11,185$11,765$280,531
9$11,653$11,297$268,878
10$12,141$10,810$256,737
11$12,648$10,302$244,088
12$13,178$9,773$230,911
13$13,729$9,222$217,182
14$14,303$8,648$202,879
15$14,901$8,049$187,978
16$15,525$7,426$172,453
17$16,174$6,777$156,279
18$16,850$6,100$139,429
19$17,555$5,395$121,874
20$18,290$4,661$103,584
21$19,055$3,896$84,529
22$19,852$3,099$64,678
23$20,682$2,269$43,996
24$21,547$1,404$22,448
25$22,448$502$0

At the end of your 5-year term

Total paid over the term
$114,753
Principal paid down
$45,642
Interest paid
$69,111
Balance remaining
$312,758

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$1,700/mo
$20,400Gross annual rent
2.0%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.

4.6%
Gross yield
− Property tax $2,494− Condo fees $5,922− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,140

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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