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    478 King Street W

    Victory Lofts
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    12
    Number of Units:
    179
    Condo Completion:
    2012
    Condo Demand:
    Medium
    Unit Size Range:
    327 - 2,545 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Victory Lofts

    Receive listing updates for King West

    Amenities

    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room
    Media Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 478 King Street WVictory Lofts

    It’s always nice when a building is well-suited to its location — Victory Lofts in the King West neighbourhood, is a prime example of a building built for its surroundings; with a modern concrete, brick and glass exterior, this complex is perfectly matched to the youthful and trendy neighbourhood it calls home.

    Situated at 478 King St W, Victory Lofts is a 12-storey condominium housing 179 Toronto lofts. This property provides a reasonable list of amenities — gym, media room, rooftop patio, party room, guest suites, concierge, and parking garage. There are buildings in the city which offer more extras, but at 478 King St W, your neighbourhood is an amenity all its own.

    King West has quickly become one of the most desirable neighbourhoods in Toronto for young professionals — minutes from the Entertainment District — and with pubs, restaurants and cafes nearby, King West condos for sale are likely to remain desirable for a long time. Whether you’re looking for a good investment, your first home, or just a sleek loft in an awesome area — Victory Lofts should not be overlooked.

    The Suites

    All units at Victory lofts are open concept, many of which feature exposed-concrete ceilings and wall to wall windows. Suite sizes range from 349 square feet for the smallest 1 bedroom unit, to 2545 for an expansive penthouse suite.

    Along with your loft-style layout, you’ll get plenty of desirable finishes — hardwood or white polished floors, large private balconies or decks, designer cabinets, and modern kitchens with stainless steel appliances. Some lofts have decorative touches such as exposed concrete columns, and wrap around windows for corner suites.

    As nice as these lofts are — you’re not going to want to spend too much time inside, with so much excitement just outside your front door on King Street. And as a new resident of King West, it’s practically mandatory that you venture out and explore.

    The Neighbourhood

    If you’re like most people, then you need a caffeinated jolt to get the day started — and you have Quantum Coffee on the corner of King and Spadina to kick-start your morning. In fact, as a resident of Victory Lofts you have a café for every day of the week, because Aroma Espresso Bar, Jimmy's Coffee, Brioche Dorée, Nook Café, The Coffee Lab, Craft Kitchen Cafe & Catering — are all less than 5 minutes away.

    For a bite to eat you’ll have your pick of fantastic restaurants on King; Weslodge is next door for drinks and Canadian favorites, there’s The Citizen for comfort food, Wilbur Mexicana for tacos and Burritos, Lee’s for Asian fusion, and Pizzeria Libretto for a wood-fire pie. For night late snack attacks, there are several fast-food chains in the area and most restaurants on King are open late on weekends.

    You can’t have a trendy neighbourhood without a great nightlife and as a resident of this community you’ll never be lacking options on a Friday night. There’s Bier Markt King West for a vast selection of beers, Belfast Love Public House for a drink on a patio, if you’re feeling classy you can enjoy imported brews at the Town Crier, or for a raucous time — head to Spin Toronto and battle for friends in ping pong.

    Urban communities are not known for their green spaces, but Victory Lofts has some great parks in the nearby; Clarence Park is a block south on Spadina, and for a larger green space, you have Stanley Park to the west.

    Transportation

    478 King St W has a walk score of 100; music to the ears for people who prefer to run errands without impacting the environment. For groceries, there’s a Fresh & Wild Food Market on Spadina, an Independent City Market on Peter, and The Kitchen Table on King.

    Those who rely on public transit to get to work have it easy — there are streetcars right outside your building on King and Spadina, from there you can connect to subway lines for travel throughout the city.

    Drivers can avoid most city traffic by heading south on Spadina to Lakeshore Boulevard for the Gardiner Expressway.

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    2

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    Explore King West

    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!

    Similar lofts

    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

    Victory Lofts vs The King West Area

    Days on Strata

    Units at Victory Lofts spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Lofts 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
    7
    YEARS before being sold again

    Property Value

    -24%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Victory Lofts offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Victory Lofts has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Victory Lofts yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Victory Lofts is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 478 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,000$585,000 - $625,000$590,000 - $660,000No DataNo Data
    Avg. Cost Per Sqft$1,323$1,145$904No DataNo Data
    Avg. Wait for Unit Availability567 Days75 Days118 Days134 Days647 Days
    Ratio of Units in Building9%39%26%22%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West