Exclusive Pre-Construction Condo
In The Heart of Toronto Fashion District

King Condos by Westbank

New King Condos by Westbank and Allied and Bjarke Ingels Group Architect

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Something amazing is coming to King West. Two prominent developers (Westbank and Allied Properties) and BIG (Bjarke Ingles Group) architects are in the process of developing an extraordinary structure which will be the first of its kind in Toronto. This is a new condominium project that will be truly unique, peaking at 16 Storeys. The project is located at 489-533 King Street West in the Toronto neighbourhood between Spadina Avenue and Bathurst Street. The condo project is still in the pre-construction stage. It will be composed of a total of 514 condo units for mixed use.

The concept of the project was aimed at creating a structure beyond the conventional tower-on-a-podium. In fact, according to the founding partner of Bjarke Ingels Group, it makes no sense to have a city with homogenous structures and this is why the architect came up with an innovative design for this project. The building is a visual feast for the eyes and will create spaces for residential, retail and boutique offices. The design offers cascading balconies and terraces to all residents, with the goal of creating abundant green space. The sets of pixels, which make up the rolling façade of the building, will be rotated at an angle of 45 degrees from the street grid thereby increasing exposure to air and natural sunlight. The development will also create a distinct centre for the Toronto community by connecting various pedestrian paths that cross this generous public space at the base of the structure.

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King Condos Highlights

King Condos Neighbourhood and Location

The Fashion District is the place to be for people looking for condos in Toronto. It is mere steps away from Toronto’s financial district. The neighbourhood has many trendy bars, restaurants, and galleries. Visitors, professionals and residents enjoy the plethora of amenities in this lively and energetic downtown district.

The Fashion District is a great example of the revitalization of Toronto’s downtown. In the past, it was a hub for various garment manufacturing and textile stores. The district still has a number of warehouses and factories, which have been repurposed for galleries, restaurants, residential and office spaces.

In terms of transit, King Street West is served well with a 24-hour streetcar that runs past the site’s doorstep and runs across the entire city.  The location boasts both a high walk and transit score.

King Condos Amenities

The 4 peaks and valleys which make up the structure will maximize views and daylight exposure. Every unit has direct access to an exterior space, whether it be a terrace or balcony. The four major heritage buildings on site will be restored and repurposed with a new commercial function.
Other spectacular features of this project include the larger than the normal number of 2-3 bedroomed units. The structure also features  various knock-out panels which will make it easier to merge the smaller units and create larger ones if need be.

Proposed in the plan are 181,070 square feet of retail units and 38,696 square feet of modern office spaces housed on the first three floors. The upper floors are expected to be comprised of about 624 residential units. The entire building is projected to have a total of 78 studio units, 318 one-bedroom units, 167 two-bedroom units and 61 three-bedroom units.
The indoor amenity space is estimated to occupy about 12,346 square feet. The outdoor amenities will take up 6,012 square feet. A commercial fitness facility is also set to be established on the site for the benefit of residents.

Another fascinating feature of this project is the proposed central courtyard which will occupy more than 21,000 square feet of space. It will be comprised of a hemlock forest and an urban court. The landscaped forest will offer a natural retreat for both visitors and residents. The court will have outdoor seating, and commercial and ground-floor retail sections. On the southeastern corner, a secret garden will be created behind one of the renovated heritage buildings and will include an all-season patio connecting to a restaurant space.
A contemporary flair is added to the condominium’s exterior with the use of different textures like stone, brick, glass and precast concrete.

Developers behind King Condos – Westbank Corp

Westbank Corp is a renowned developer that has successfully established many notable structures, including Mirvish Village in Toronto. They are highly experienced in developing five-star hotels, luxury condominiums, public art developments, retail and commercial offices. Westbank Corp creates sustainable and artistic structures of the highest standards which improves the city spaces and skylines. They are often referred to as city builders due to their reputation of creating beautiful developments.

Consistent with all of their developments, Westbank takes great consideration in terms of environmental conservation and sustainability. They own and run an energy system in Vancouver. They focus on minimizing the carbon footprint in cities and are the largest LEED Platinum developers.

Westbank has also commissioned several public art installations by the world’s leading artists and are often regarded as the ambassadors of culture. Currently, they have about 30 different installations from around the world due to their long-standing commitment to artistry which are incorporated in their developments.
They have several offices around the world including Calgary, Toronto, Vancouver, Seattle, Beijing, Taiwan, Tokyo, Shenzhen, and Hong Kong.  Some of their previous developments in Toronto include Shangri-La and 188 188 University Avenue.

Developers behind King Condos – Allied Property Developers

Allied is another prominent developer in Toronto. The company assembled the 600 feet of frontage on King Street West which will be home to King Condos.  It specializes in creating a number of commercial projects mostly in renovated heritage buildings. Their artwork can be seen in The Fashion District and throughout the downtown core. They have established themselves as exceptional property managers, owners and developers in nine different cities across Canada.

Allied has played a key role in the development of Toronto. For over 25 years, they have provided great insight and creativity into the ever-changing real estate market. They have curated over 100 buildings in the King West neighbourhood. Their primary focus includes the development of first-class office spaces, retail structures, and commercial spaces. Allied has also acquired a communication connecting hub at 151 Front Street West in Toronto, providing their tenants and clients with optimal internet access.

Their structures can be characterized as artistically appealing and sustainable. They feature exposed high ceilings, bricks and lots of natural light. The company believes that repurposed industrial spaces are not only ideal for retaining tenants due to the low cost but are also excellent for retail and office units. Their previous projects include 141 Bathurst Street, The Chambers 40 Elgin St, 193 Yonge St. and 390 Charest Blvd, East.

Architects behind King Condos – Bjarke Ingels Group (BIG)

Bjarke Ingels Group is the architect behind King Condos. They are well known for creating sustainable structures and works of art. They have designed various iconic structures in various parts of the world. In fact, they have won several architectural  and design awards. They are known for their creativity, innovation and resource conscious.  This is their fifth collaboration with Westbank and first project in Toronto.

Bjarke Ingels Group brings a state-of-the-art design that features sculpted valleys and peaks to King Condos. The plan is inspired by Habitat 67 and Maison De Verre. They are reimagining the conventional mould and homogenous building designs in the city. BIG is renowned for designing creative, functional structures in untraditional ways. Their international presence brings a wealth of knowledge to design and best practices. The King Condos design will transform not only the Toronto skyline but the King Street West neighbourhood, along with the experience of its residents, visitors and professionals.

King Condo Key Details

Location: 489-539 King St W (West of Spadina)
Neighbourhood: King West / Fashion District
Builders: Westbank Corp & Allied Properties REIT
Architects: Bjarke Ingels Group, Diamond Schmitt Architects
Number of Units: 516
Stories: 16
Unit Sizes: 1 bedroom, 2 bedrooms, and 3 bedrooms.
WalkScore: 100
Transit Score: 100
Expected Pricing: $1500/sf
Completion Date Fall 2022
Starting Prices: Mid $700’s
Maintenance Fees: TBA
Amenities: Catering Kitchen, Concierge, Court, Courtyard, Cycle-Friendly, Fitness, Games Room, Garden, Lounge, Parking, Playground, Storage, Terrace

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