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    620 King Street W & 501 Adelaide Street W

    6for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    132
    Condo Completion:
    2019
    Condo Demand:
    Low
    Unit Size Range:
    373 - 1,716 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Kingly Condos

    Receive listing updates for King West

    Amenities

    Concierge
    BBQs Allowed
    Visitor Parking
    Bike Storage
    Party Room
    Gym Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 620 King Street WKingly Condos

    While the name of the Kingly Condos was probably meant to reflect its location on King Street, the building also happens to be quite regal. Thanks to the design by Hariri Pontarini Architects, a modern red brick and glass structure now sits atop an existing heritage building at 501 Adelaide Street West and 620 King Street West.

    Completed in 2019 by Allied Properties and RioCan, the Kingly Condos contains 132 units spread out over 15 storeys. Besides the Toronto condos found within the building, residents can also find a gym and sauna, guest suites, a lounge and catering kitchen, and a rooftop terrace with barbecues. Plus, tons of retail space can be found below the residential units, as well as some office spaces.

    The Suites

    When one thinks about kings and queens, they often conjure up images of gaudy, old-fashioned palaces. Thankfully, the Kingly Condos is quite the opposite: the Toronto condos for sale within are sleek and contemporary. Kitchens boast stainless steel appliances and European-style cabinetry, and window-clad walls allow natural lighting to do its magic on the suites.

    The homes vary dramatically in terms of size, with 1 bedroom units starting at around 550 square feet and 3 bedroom suites reaching to approximately 1,300. Some units at the Kingly Condos also come equipped with private outdoor spaces and storage lockers.

    The Neighbourhood

    Prospective residents hoping to live in a trendy, upscale neighbourhood will feel right at home in King west neighbourhood. King Street, as well as Portland, Wellington, and Adelaide, are home to some of the hardest reservations to get in the city, and the patrons who eat at these establishments are always dressed to impress.

    Those who plan to spend as much time as possible outdoors will be glad to hear that there’s plenty of choice when it comes to green space surrounding the Kingly Condos at 501 Adelaide St W & 620 King St W. Victoria Memorial Square is just a short walk away, although King West residents who want to partake in some outdoor activities know to head to Stanley Park, Trinity Bellwoods, or Garrison Common.

    When it comes time to stock up on groceries, residents can head to the Kitchen Table at King and Bathurst or Fresh & Wild Food Market at King and Spadina. A sizeable Loblaws is also a short walk away, at the corner of Queen and Portland.

    Transportation

    The Kingly Condos are conveniently located regardless of how residents prefer to get around, although, like many downtown Toronto condos, the easiest way to travel may just be to leave the car at home.

    St. Andrew Station on the University-Spadina line takes 17 minutes to reach by foot or less than 10 via the King streetcar. Those heading north can also walk just a few blocks west to reach Bathurst Street, where they will find stops for streetcars heading both north and south.

    Residents who do drive benefit from living so close to the Gardiner Expressway. This major east-west highway can be reached by heading south down Spadina Avenue, and allows drivers to transfer onto the 427 to the west and the Don Valley Parkway to the east.

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    6

    Listings For Sale

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    1

    Listings For Rent

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    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    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%

    Maintenance Fees

    Kingly Condos vs The King West Area

    Days on Strata

    Units at Kingly Condos spend an average of
    60
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos 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
    5.5
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Kingly Condos offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 620 King Street W

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$600,000 - $770,000No Data$943,800 - $1,300,000$1,180,000 - $1,875,000
    Avg. Cost Per Sqft$1,134No Data$1,160$1,171
    Avg. Wait for Unit Availability92 DaysNo Data172 Days574 Days
    Ratio of Units in Building58%4%32%8%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West