In the 1850s with the arrival of the railway to Toronto the character of this neighbourhood would evolve as a busy industrial and manufacturing centre. By the 1990s most industry and manufacturing had moved out from King West and the area was run down and buildings were in neglect. In 1996 the City of Toronto stepped in and enacted the King-Spadina Plan to attract new investment in order to revitalize this area. The plan worked brilliantly as developers began to build new condominiums that catered to young and hip urban professionals. Restaurants and nightclubs were also added to the mix and soon enough you had the recipe for a vital new downtown neighbourhood now commonly referred to as King West Village.
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 uses. These authentic hard loft buildings are characterized by their red brick exterior, large windows and architectural accents. These loft units may have features such as concrete floors, exposed wood beams, and exposed brick. This area also has one of the best selections of condos in the city. Many of them are designed as soft lofts with units that feature lots of light and open spaces, high ceilings and balconies. Some of these buildings also contain two-storey loft condominium townhouses.
JUST LISTED IN KING WEST
ABOUT KING WEST
King West is the neighbourhood for you if you work hard and play hard. Along with lots of condos along this stretch, King West has one of the most active nightclub and bar scenes in Toronto. The Thompson Hotel located on Wellington Street, just south of King, has become a popular neighbourhood landmark with spectacular rooftop views. The appeal to living in the King West area, if you can afford it, is the proximity to a slew of amazing restaurants, shops, clubs, and theatres.
King West Village now has the added cache of being the host neighbourhood for the Toronto International Film Festival which takes place annually in September. This festival attracts mega-stars to premiere screenings and creates a buzz throughout the whole neighbourhood and the entire city. The headquarters for the festival is the TIFF Bell Lightbox theatre at King and John Street, which is surrounded by glitzy new condominium buildings that reflect the urbanesque 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. 95% of sales in this neighbourhood are condos, with the remaining few percent being 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%.
Residents here are young professionals and successful entrepreneurs. They definitely maintain a 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%
- Almost everything is within walking distance.
- Lots of dogs parks in this pet-friendly community.
- Steps away from the King St. nightlife.
- Very few schools.
- Traffic and a lack of transit.
- Even the gym can be a fashion show.