The Penthouse Collection

The Latest Insight

King West Developments

08.6.2021

The Most Exciting New King West Developments

Buying

The electric and inspiring downtown neighbourhood of King West has long been one of Toronto’s go-to spots for a great time.

Overflowing with some of the city’s best, most frequented cafes, bars, restaurants, nightclubs, shops, and theatres, there’s no second-guessing why this stretch of King Street is among the most popular for entertainment.

And when it comes to the local real estate, the many luxury condos and penthouses in the area are just as alluring as the nightlife. Based on location alone, who wouldn’t want to live on King West, especially if you own one of the most desirable properties on the strip?

Here are some of our top picks for the most exciting new King West condo developments.

Toronto’s luxury condo market is starting to thrive again, which means buyers will be faced with some stiff competition for the best properties. Learn how you can navigate with style by reading my blog post about how to Buy Your Ideal Condo In Toronto: A Step-By-Step Guide.

King Toronto by BIG

Ever since the world-renowned Danish architect Bjarke Ingels was featured on Netflix’s 2017 documentary series Abstract: The Art Of Design, he’s become somewhat of a household name. However, Torontonians in particular started to take serious note of Ingels’ work when he exhibited his eye-catching sculpture ‘Unzipped’ at King and Brant Streets a few years ago.

Little did we know that the impressive modern art sculpture was more than just a creative stack of 1802 fibreglass bricks, but was foreshadowing Ingels’ upcoming real estate development project set to start construction in the very same spot on King Street West.

Today, we know much more about Ingles’ portfolio of revolutionary modern architecture projects as well as his newest project, King Toronto, which will be located from 489 to 539 King Street West. The vastly impressive 16-storey development will hold 482 suites once fully finished, with expected occupancy dates set for 2023.

Just like his revolutionary structure Unzipped, which debuted at the Serpentine Pavillion in London in 2016, King Toronto will have a similar pixellated effect worked into the extremely unique architectural designs of the development.

Inspired by a mountain range, the entire King Toronto development will feature striking design features, such as leafy balconies and rooftop greenery, ‘peaking’ pixellated structures, and a slightly pointed silhouette. This is one development I can’t wait to see in person, as essentially everything Ingels touches turns out to be world-class.


Interested in seeing what some of the most coveted units at King Toronto will look like? Peer into the mind of globally celebrated architect Bjarke Ingels and have a look at these beautiful King Toronto properties and penthouses:


Waterworks Condos

Located at 505 Richmond Street West, just two streets north of King Street, Waterworks Condos by developer MOD Developments and Woodcliffe Landmark Properties is one of the area’s most exciting developments currently selling units.

This 13-storey, 299 unit residential development designed by Diamond + Schmitt Architects Inc. blends modern design with the site’s original 1930’s heritage utility building structure. The integrity and history of the brick Toronto heritage building, which belonged to a former utility company, that previously stood at 505 Richmond Street West, has been elegantly preserved by the architects.

While most of the upper storeys of the Waterworks Condos development have been built using stunning modern architectural features, the original low-rise heritage building’s brick facade has been kept intact. Additionally, features like herringbone brick flooring and reclaimed wood elements have been included in the overall designs, paying homage to the original utility structure.

With floor plans ranging from 450 to 2,600 square feet, there’s a unit available at Waterworks to suit every buyers’ needs. Whether you’re a single, couple, or small family, you’ll love living and hosting guests at this genuinely beautiful new development near Toronto’s bustling King Street West.

Want to see more of Toronto’s most luxurious penthouse properties for sale? With prices starting at $4 Million, my exclusive collection of luxury penthouse listings here is worth checking out.

The Well

When it comes to sheer size, The Well takes the cake for being perhaps the largest new luxury condo development in Toronto’s west end. With the construction of several modern, multi-purpose towers planned to launch over the next few years, this project is more of a development community rather than a set of condo buildings.

Located at the intersection of Front Street and Spadina Avenue, this highly anticipated residential development is just two streets south of King Street West. However, coming in at a massive projected 3 million square feet, the 7.7 acres of retail, office, and residential space will have a major impact on the neighbouring King West community.

With an estimated 1,700 residential units set to become available soon, The Well will have enough space to house a huge number of new future residents who want to live near all of the excitement of King Street West. Once completed, this project is sure to leave a colossal impression on the downtown west area.

Developed in partnership by RioCan REIT and Allied Properties REIT, two of Canada’s biggest players in the real estate development industry, you can have full confidence this sleek new development community will be built to last.


Want to take a closer look at some of The Well’s most impressive upcoming property designs? I’ve got insider access to a few of the hottest penthouses and condo units in this captivating new structure near King West. Let your imagination run wild while visiting the links below:


400 King West

Heading back up to King Street, the new 400 King West condo development by Plazacorp Urban Residential Communities promises to redefine luxury downtown.

This enormous 47-storey condo building in prime King West territory celebrates the downtown lifestyle, drawing inspiration from the bright lights, energy, and creativity found every day along King Street West.

Housing a total of 612 units across various sizes and floor plans, this development at 400 King Street West will be home to many lucky new residents when the project accepts occupants in 2025.

While the building is still in its pre-construction phase, it’s easy to see why units at 400 King West will sell fast — even the preliminary renderings of this impressive structure look glamorous.

With several suites still available for sale between 291 and 3,177 square feet, your next investment property or family home could be right here in the 400 King West condo development.

Have these fantastic new condo developments got your investment mind turning? Ensure your next investment is a success by working with a knowledgeable and experienced Toronto real estate investment professional. Learn more about what it takes to make a smart investment here.

Natasha Residences

When you’re talking about true luxury, well-designed development properties in Toronto, it’s hard to do better than the city’s very own Lanterra Developments. This well-known Toronto-based firm has a stellar reputation for crafting high-quality residential real estate developments and has hit it out of the park once again with Natasha Residences.

Based right in the middle of Toronto’s Entertainment District at 263 Adelaide Street West, Natasha Residences is just steps away from the most exciting bars, restaurants, shops, and businesses on King Street West.

Making full use of its proximity to the King Street West neighbourhood, the Natasha Residences building has capitalized on its prime location to entice new buyers who want to experience the downtown west lifestyle.

With occupancy set to start this summer, most of the 438 individual suites have already sold, though there are a select few still available for sale. Starting within the $500,000 range, prices for homes in the Natasha Residences aren’t overly exclusive.

To learn more about the project, you can register here to receive more information about the remaining available units.


Interested in learning more about pre-construction condos and real estate developments before making any moves in the market? These related blog posts are for you:

Resale Condos vs Pre-Construction: Which Is Right For You?
4 Things To Know Before You Buy A Pre-Construction Condo In Toronto
Our Guide To Assignment Sales


See more examples of Toronto’s most exciting upcoming real estate developments by reading my related blog post highlighting the 5 Pre-Construction Projects To Keep Your Eye On Right Now!