In the 1850s King West was a busy industrial and manufacturing centre, but by the 1990s most of those businesses had moved out, and the area was run down with neglected buildings. In 1996, the City of Toronto enacted the King–Spadina Plan designed to attract investment to revitalize this area. The plan worked: developers began to build new condominiums that catered to young professionals, restaurants and nightclubs joined the mix, and a vibrant downtown neighbourhood, now commonly referred to as King West Village, emerged.
Housing and Accommodation
King West is one of the city’s fastest growing neighbourhoods. Many of the old industrial buildings from the 1800s and early 1900s have been converted into residential and commercial spaces. Residential hard loft buildings generally have red brick exteriors, large windows and refined architectural accents; many have features like concrete floors, exposed wood beams, and exposed brick. This area is known to have one of the best selections of condos in the city, many designed as soft lofts with lots of light and open spaces, high ceilings, and balconies. Some of these buildings also contain 2-storey loft condominium townhouses.
JUST LISTED IN KING WEST
ABOUT KING WEST
If you work hard and play hard, King West is the neighbourhood for you. Along with lots of condos options, King West has one of the most active nightclub and bar scenes in Toronto. The appeal to living in the King West area is the proximity to a slew of amazing restaurants, shops, clubs, and theatres.
King West Village has the added cache of being the host neighbourhood for the Toronto International Film Festival (TIFF), which takes place annually in September. This festival attracts mega-stars to premiere screenings and creates a buzz throughout the whole city. The headquarters for the festival is the TIFF Bell Lightbox theatre at King and John Street, while its surrounded by glitzy, new condominium buildings that reflect the energetic, urban lifestyle enjoyed by residents of this neighbourhood.
King West, with its proximity to the Entertainment District, offers up many condos and lofts but if it’s a house you’re seeking, you’d better look elsewhere. Ninety-five percent (95%) of sales in King West are condos, with the remaining few percent townhouses. The popularity of authentic lofts converted from old commercial spaces have led to the increase of soft lofts being built to attract first-time buyers to the area. With all of the new condo developments that have appeared on scene, there is a varying price point for the vast socio-economic divide that dwells here. The average selling price here has increased by about 9%.
The residents of King West are young professionals and successful entrepreneurs, who definitely seem to enjoy their intense work/life balance in this lively part of the city.
Right in the downtown core, you have direct access to the 504 King Streetcar and St. Andrews Subway Station. Intersecting with King Street are the very popular 511 Bathurst and 510 Spadina Streetcars and just a short walk north and you’re connected to the 501 Queen Streetcar.
By car, you’re a stones throw away from the Gardiner Expressway and Lakeshore Boulevard.
Visible Minority: 32.9%
Average Family Income: $91,767
Lower Education: 26.5%
High Education: 16.2%
Owned Homes: 51%
Tenanted Homes: 49%
- Walking distance to almost everything you need.
- The dog park at South Stanley Park.
- Steps away from the King Street nightlife.
- Very few schools.
- Traffic jams and limited public transit.
- High maintenance required: even the gym can be a fashion show.