King Blue Condos
4Listings for Salefor Sale
7Listings for Rentfor Rent
115-125 Blue Jays Way & 355 King St W
King Blue Condos
4Listings for Salefor Sale
7Listings for Rentfor Rent
Walk Score
100
Transit Score
100
Bike Score
75
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
King West
Condo Completion
2020
Property Management
First Service Residential
Unit Size Range
289 - 1335 SQFT
Number of Units
913
Number of Storeys
48

115-125 Blue Jays Way | King Blue Condos | Toronto, ON

About this condo

Condo Overview

The strong name given to the two towers at 355 King Street West reveals the aspirations their developers, the Greenland Group, have for the site. Set for completion in 2018, the King Blue Condos offers opulent residences in the already sophisticated King West neighbourhood.

The restoration specialists, ERA Architects, worked together with the group at Page + Steele / IBI Group Architects to preserve the Westinghouse Building. This resulted in the tallest heritage façade in Canada. While the revitalization of the Westinghouse’s brickwork is indeed beautiful, above, the King Blue Condos’ two towers are captivating beacons of innovative design and engineering.

The towers’ flowing stacks of expansive balconies are reminiscent of traditional Chinese Pagodas – though much higher, at 44- and 48-storeys. That visual style seems to stem from King Blue Condos being truly a global partnership. Their groundbreaking by John Tory and Xue Beng, the Consulate General of China, signals an international investment in Toronto - in the city’s bright future.

At 355 King West, prospective buyers can expect to find more than just supremely comfortable Toronto condos for sale; this site was designed to be a social hub as well. Behind the Westinghouse façade, the towers’ podium houses Canada’s first theatre museum, the Primus Hotel, exciting commercial spaces, and a public courtyard.

Even with all that in the podium, the King Blue Condos have quite a large lobby. Its concierge service, carefully curated art, and fireplace brings a welcoming warmth and introduces a sense of community to 355 King West.

Catering to the community, the building offers magnificent amenities. The ninth floor rooftop terrace is a great place to gather, with its lively landscaping and waterfalls. Beside the terrace, Studio Munge outfitted the lounge, party room and multimedia centre expertly.

The rooftop pool can be a place to both exercise and have a party — especially since it’s got its own bar. Though residents seeking a more serious workout will be happy to hear the building boasts a fully stocked gym and yoga studio too.

The Suites

In total, there are 913 suites in 355 King West. This massive number of condos results in large range in size, from approximately 350 to almost 1,200 square feet.

Regardless of size, all the suites are suitably sophisticated for Entertainment district residents. This means oak hardwood floors throughout, floor-to-ceiling windows, and intoxicating views of the city.

The kitchens here are prepared to stage the best dinner parties. The tile backsplash, polished granite countertops, and integrated stainless steel appliances, make a great background for skillfully slicing vegetables at the generous kitchen islands available in many layouts.

The Neighbourhood

The theatre museum in the building’s podium is one of the many cultural venues easily accessible for the residents of the King Blue Condos. The TIFF Bell Lightbox is just down the street, where cinephiles can enjoy screenings of internationally acclaimed art and experimental films. Alternatively, fans of blockbusters need to only turn up Peter Street to see all the major movies showing at the Scotiabank Cinemas on Richmond Street.

Nonetheless, the condos’ section of King Street has gained and continues to warrant its reputation as Toronto’s Entertainment District thanks to its many live performances. The best local and touring companies stage productions at the Princess of Wales and Royal Alexandra theatres. Additionally, the nearby Roy Thomson Hall houses the Toronto Mendelssohn Choir and the Toronto Symphony Orchestra.

For those seeking more intimate performances, the Music Gallery, just up John Street, hosts concerts that are very cozy, especially during the summertime in its courtyard garden.

The range of shopping in the area satisfies all tastes. All the major brands can be found just north on the Queen West promenade near Spadina. More fashion forward shoppers will enjoy the independent shops west, towards the trendy Trinity Bellwoods neighbourhood. Even those seeking performance gear for outdoor adventures will be happy at 355 King West, with Mountain Equipment Co-op just across the street.

Transportation

The transit options for residents are enviable; two streetcars run past their building, the 504 King and 514 Cherry. Residents can take either to transfer onto the subway at St. Andrew subway station, on the Yonge-University-Spadina line. At the unlikely event these streetcars aren’t timely, St. Andrew Station is less than a ten-minute walk away.

It’s just a quick ride on the subway, or a fifteen-minute walk, to Union Station. There, residents can find GO Transit who operates trains and buses to the city’s surrounding towns and suburbs; the VIA Rail, a scenic connection of destinations across Canada; and the Union-Pearson express that will take travelers to the airport in only 25 minutes.

Drivers living in the King Blue Condos are well-positioned too. Richmond and Adelaide circulate traffic west and east, respectively, through downtown Toronto. For those travelling north and south, Spadina street just west of the condos is another great option for traveling within the city. Moreover, heading south down Spadina, drivers can reach the Gardiner Expressway in only about five minutes.

7

Listings For Rent

Amenities

Rooftop Deck/Garden
Media Room
Gym
Party/Meeting Room
Guest Suites
Visitor Parking
Indoor Pool
Concierge

Maintenance Fees Cover

Maintenance fees include

Water

Owner / renter pays separately

Hydro
Heat
Air Conditioning

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
King Blue Condos vs The King West Area

$157.00
More Expensive
per SQFT compared to the neighbourhood average
King Blue Condos's Avg
price per SQFT
$1,182
/ SQFT
Neighbourhood Avg
price per SQFT
$1,025
/ SQFT

Building Trends At King Blue Condos

Days on Market

Units at King Blue Condos spend an average of
20
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
100%
of the list price.
Or in other words, the
entire list price

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
N/A
YEARS before being sold again

Property Value

12%
Increase in property value within the past twelve months

Price Ranking

6th
Highest price per SQFT out of 91 condos in the King West area

Sold Units

38
Units were Sold over the past twelve months

Rented Units

238
Units were Rented over the past twelve months

Best Value

King Blue Condos offers the
?
best value out of 91 condos in the King West neighbourhood

Return on Investment

King Blue Condos has the
?
highest ROI out of 91 condos in the King West neighbourhood

Rental Yield

King Blue Condos yields the
?
highest rent prices out of 91 condos in the King West neighbourhood

High Demand

King Blue Condos is the
?
most popular building out of 91 condos in the King West neighbourhood

Sales vs Rental Values For This Condo

Studio289 - 624 SQFT
Average Cost Per Sqft$1,287
Sales Price Range$413,000 - $480,000
Rental Price Range$1,300 - $3,600
1 Bed400 - 670 SQFT
Average Cost Per Sqft$1,169
Sales Price Range$525,000 - $635,000
Rental Price Range$1,380 - $2,500
1 Bed + Den472 - 754 SQFT
Average Cost Per Sqft$1,172
Sales Price Range$600,000 - $755,000
Rental Price Range$1,600 - $2,100
2 Bed624 - 1074 SQFT
Average Cost Per Sqft$1,205
Sales Price Range$793,000 - $1,400,000
Rental Price Range$2,100 - $2,999
2 Bed + Den572 - 986 SQFT
Average Cost Per Sqft$1,115
Sales Price Range$1,030,000 - $1,030,000
Rental Price Range$1,850 - $2,900
3 Bed749 - 1170 SQFT
Average Cost Per Sqft$1,075
Sales Price Range$449,000 - $1,170,000
Rental Price Range$1,300 - $4,000
3 Bed + Den816 - 816 SQFT
Average Cost Per Sqft$1,286
Sales Price Range$1,010,000 - $1,010,000
Rental Price Range$3,500 - $3,500

How Often Are Units Listed?

Studio289 - 624 SQFT
Average Sales Availability
Every80Days
Average Rental Availability
Every7Days
Ratio of Unit Type in Building22%
1 Bed400 - 791 SQFT
Average Sales Availability
Every40Days
Average Rental Availability
Every4Days
Ratio of Unit Type in Building32%
1 Bed + Den472 - 754 SQFT
Average Sales Availability
Every74Days
Average Rental Availability
Every15Days
Ratio of Unit Type in Building16%
2 Bed624 - 1074 SQFT
Average Sales Availability
Every48Days
Average Rental Availability
Every12Days
Ratio of Unit Type in Building16%
2 Bed + Den572 - 1335 SQFT
Average Sales Availability
Every90Days
Average Rental Availability
Every19Days
Ratio of Unit Type in Building7%
3 Bed749 - 1335 SQFT
Average Sales Availability
Every75Days
Average Rental Availability
Every18Days
Ratio of Unit Type in Building10%
3 Bed + Den816 - 816 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building1%

Maintenance Fees
King Blue Condos vs The King West Area

$0.01
Less Expensive
per SQFT compared to the neighbourhood average
King Blue Condos's Avg
monthly maintenance
fee per SQFT
$0.71
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.72
/ SQFT

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