489 King Street West Condos489 King Street West Condos -
AT KING STREET WEST & SPADINA
489 King Street West is a mixed-use condominium development proposed for Toronto’s Fashion District by Westbank Corp and Allied. A unique design that reaches a maximum of 16 storeys 489 King Street West Condos has an occupancy date of 2021. This Fashion District condominium will occupy almost an entire block on King Street between Portland Street and Spadina Avenue. It includes the current buildings ranging from 485 to 539 King Street West, three of which are heritage buildings that will be restored and incorporated into this unique project.
489 King Street West, Toronto, ON, Canada
THE DEVELOPMENT PROPOSAL
For this striking design, the building mass will be broken down into a series of modules that are angled to create a topography of terraced units with oblique views of the street. The slender peaks will be stepped back to allow maximum sunlight for both the courtyard and the street itself. The proposal includes the restoration of four heritage buildings on the site as well. Aside from its innovative architecture, the 489 King Street West project has some other unique features, including a larger than typical amount of two and three bedroom units and a structure featuring knock-out panels, which will allow smaller units to be combined to create larger units in the future, if needed.
TORONTO’S FASHION DISTRICT
Condos in Toronto’s Fashion District have so much appeal. This trendy downtown district puts some of the city’s most talked-about restaurants, bars and galleries at your fingertips. It’s an extremely popular area for young professionals, urban enthusiasts and those who crave a high-energy downtown lifestyle. It’s also a neighbourhood that’s been designated as a “regeneration area” by the city, meaning it’s poised for growth and some modern transformations. A former industrial hub known for its textile and garment-manufacturing warehouses, The Fashion District is still home to an abundance of historic factories and warehouses, many of which have been restored for residential, restaurant, office or gallery use.
Westbank Corp is an established developer with several monumental projects to their name across the globe, including Toronto’s very own Mirvish Village. Their portfolio includes luxury condominiums, five-star hotels, retail, office and public art projects. They strive to create quality projects that feature a high-degree of artistry, helping to foster more equitable and beautiful cities. They also have the distinction of being one of the world’s largest LEED platinum developers, significantly committed to a body of energy-efficient and environmentally-conscious work.
- Property ID: 101355970
- New Construction: No
- Style: Residential
- Status: Active
in Service Agreement with CENTURY 21 Leading Edge Realty Inc., Brokerage*