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    Toronto / Downtown / King West

    616 - 478 King St W

    For SaleVictory Lofts
    $599,000
    1 Bed
    1 Bath
    0 Parking
    489 SQFT
    74 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $422/mth
    Taxes:
    $2,217 (2024)
    Cost Per Sqft:
    $1,225/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    60 - 90 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    13.16 x 12.07ft
    Dining
    Laminate, Combined with Living, Walkout To Balcony
    13.16 x 12.07ft
    Kitchen
    Laminate, Combined with Dining, Granite Counter
    13.16 x 12.07ft

    About this Listing

    Welcome to Victory Lofts - a stunning soft loft with just 12 storeys! This open concept, bright and modern loft is located in the heart of King West next to amazing restaurants, entertainment and lots of transit options. One of the best features of this unit is the huge balcony, spanning the entire length of the loft and overlooking a quiet courtyard - a perfect spot for relaxing or entertaining. This loft also has tons of storage with a large double closet in the primary bedroom, spacious front entry closet along with two owned storage lockers.

    ExtrasThe boutique building offers great amenities like a well equipped gym, concierge, party room and guest suites. Other room noted in listing is the balcony.

    on the blockMLS® #C9311800

    Amenities

    Visitor Parking
    Games Room
    Concierge
    Media Room
    Guest Suites
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Victory Lofts vs The King West Area

    Building Trends At Victory Lofts

    Days on Strata

    Units at Victory Lofts spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    -24%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Victory Lofts offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Victory Lofts has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Victory Lofts yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Victory Lofts is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 478 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,000$585,000 - $625,000$590,000 - $660,000No DataNo Data
    Avg. Cost Per Sqft$1,323$1,145$904No DataNo Data
    Avg. Wait for Unit Availability567 Days75 Days118 Days134 Days647 Days
    Ratio of Units in Building9%39%26%22%7%

    Transactions vs Inventory

    Total number of units listed and sold in King West