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    Fashion House Condo

    560 King Street W & 461 Adelaide Street W

    8for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    12
    Number of Units:
    334
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    360 - 2,091 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Fashion House Condo

    Amenities

    Security System
    Outdoor Pool
    Party Room
    Gym Room
    Concierge
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 560 King Street WFashion House Condo

    It may be unsurprising that we’re in favour of the Fashion House, especially after learning that the man behind these two buildings is none other than Peter Freed. Known for his clout in King West, Freed has bestowed some of the most luxurious residences upon Torontonians.

    After making a name for himself, Freed was able to get even more creative when designing the soft lofts at 461 Adelaide and 560 King Street West. From above, the Fashion House resembles a deconstructed rubix cube: certain blocks seem to have been removed, allowing space for landscaped terraces and rooftop swimming pools.

    The colour red figures prominently on the façade of 461 Adelaide and 560 King Street West, with glass wrapping its way around the entire building. Rather than working alone, Freed teamed up with Core Architecture in order for this structure to come alive.

    The mid-rise soft loft at 461 Adelaide Street West and 560 King Street West is contemporary not only in its aesthetics, but its amenities are equally modern. Owners living at the Fashion House have access to a concierge 24 hours a day, as well as a cinema room and parking. But the icing on the cake is the “skypark:” located on the 10th storey, this rooftop terrace boasts an exercise area with heated resistance pool, plus a garden and barbecues.

    The Suites

    A staggering 333 units are divided amongst the Fashion House, and with such a large number of homes comes an equally great variation in size. For example, single young professionals or couples can find King West condos for sale here that have exactly they are looking for in the cozier, 380 square foot units that make up the smallest homes in the building.

    Alternatively, those who really need space — whether for additional family members, pets, an office or entertaining space, or even art or collectibles — the 2,100 square foot lofts should suffice. Additionally, these sizeable units span two levels each, and are laid out in the style of the typical townhouse, rather than a condo.

    Whether one has selected the former or the latter, all of these downtown Toronto condos are outfitted with high ceilings (9 feet in the loft units and 18 feet in the townhouses) and wall-to-wall windows, making them feel as spacious as can be.

    The homes at the Fashion House can be described as industrial-chic, as elements typically found in authentic conversions are used to set them apart from the typical cookie-cutter condo. Concrete ceilings are left untouched, pillars are used as support, and open concept floor plans are intersected with sleek, sliding glass doors.

    As for outdoor space, those who prefer spending time in the privacy of their own home are in luck, as many units are outfitted with large terraces or balconies.

    The Neighbourhood

    While the Fashion District is named more for its history — the area was once a hotbed for textile and clothing manufacturin — the title is still suitable today. Currently, the Fashion District is home to some of the trendiest inhabitants in the city.

    With its address directly on King Street West, residents heading out the front door land themselves in the midst of Toronto’s entertainment and culture hub. Restaurants, bars, and clubs along King West range from stylishly hip to ultra-elegant.

    Heading a few blocks up to Queen West, on the other hand, allows explorers to experience something slightly more casual. Along Queen West, cozy bars, eclectic restaurants, and global brands line the street.

    In terms of entertainment, residents of the Fashion House are unlikely to ever grow bored. From the TIFF Bell Lightbox with its international roster of films, to live productions at the Princess of Wales or Royal Alexandra Theatre, or a symphony performance at Roy Thompson Hall, the options truly are endless here.

    Transportation

    Travel is never problematic for those living at 461 Adelaide and 560 King Street West. Centrally located, these soft lofts provide quick and easy access to the subway, with streetcars moving along King West toward St. Andrew Station. From here, Union Station — with its myriad of trains and buses — is only two stops away.

    Those traveling by car, on the other hand, will love their ability to zip over to the Gardiner Expressway, which hugs the shores of Lake Ontario. From here, those heading out of the city can ride east toward the Don Valley Parkway, or west to the 427.

    8

    Listings For Sale

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    3

    Listings For Rent

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    Nearby Amenities

    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!

    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
    Household Income
    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%

    Days on Strata

    Units at Fashion House Condo spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    Fashion House Condo offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Fashion House Condo has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Fashion House Condo yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Fashion House Condo is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 560 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$479,000$576,000 - $722,000$769,000 - $1,007,000No DataNo DataNo Data
    Avg. Cost Per Sqft$958$1,136$1,164No DataNo DataNo Data
    Avg. Wait for Unit Availability514 Days27 Days54 Days81 DaysNo Data748 Days
    Ratio of Units in Building3%59%23%14%1%1%

    Maintenance Fees

    Fashion House Condo vs The King West Area

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