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Condo ApartmentListed 100 days ago

$549,000

478 King Street W 616, Toronto, ON M5V 0A8

Waterfront Communities C1 · Toronto · M5V 0A8

Listing brokerage: ON THE BLOCK

Beds
1
Baths
1
Sq ft
0–499
Parking
0

Monthly costs

Maintenance

$424/mo

Property taxes

$195/mo

$2,338 a year (2025)

About $619 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Building Insurance
  • Not covered: Hydro

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
North
Parking
None
Locker
Owned
Balcony
Open
Laundry
In-Suite Laundry, Ensuite
Age
11-15 years
Possession
Flexible

The building

Victory Lofts

478 King St W · King West

  • 2 for rent
  • 12 floors
  • 179 suites

About this home

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

All details23 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Size
0-499 sq ft

Features

  • Storage Area Lockers
  • Carpet Free

Building & Amenities

Floor
6
Property management
Icon Property Management

Amenities

  • Concierge
  • Gym
  • Party Room/Meeting Room
  • Guest Suites

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
0

Features

  • Underground

Exterior & Lot

Style
Loft
Exterior
Brick

Taxes & Fees

HST
Included In

Listing

MLS® number
C13530188
Type
Condo Apartment
Transaction
For Sale
Cross streets
King St W & Spadina
Neighbourhood
Waterfront Communities C1
Rooms · 6Living Room, Dining Room, Kitchen, Primary Bedroom, Other, Washroom
  • Living Room

    Main

    4.01 × 3.68 m · 13′2″ × 12′1″

    Laminate, Combined w/Dining, W/O To Balcony

  • Dining Room

    Main

    4.01 × 3.68 m · 13′2″ × 12′1″

    Laminate, Combined w/Living, W/O To Balcony

  • Kitchen

    Main

    4.01 × 3.68 m · 13′2″ × 12′1″

    Laminate, Combined w/Dining, Granite Counters

  • Primary Bedroom

    Main

    2.90 × 3.23 m · 9′6″ × 10′7″

    Laminate, Double Closet, Large Window

  • Other

    Main

    7.67 × 2.08 m · 25′2″ × 6′10″

    Balcony

  • 3-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

478 King Street W 616, Toronto, ON M5V 0A8 · Near King St W & Spadina

Monthly cost

Estimated monthly cost

$3,049/mo

Mortgage
$2,431
Property tax
$195
Maintenance
$424
Down payment$109,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$126,921

$109,800 down + $17,121 to $18,371 in closing costs

Ontario land transfer tax
$7,455
Toronto land transfer tax
$7,455
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$115
Condo fee adjustment
$246

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

Other homes in Victory Lofts

2

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$549,000

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