540 King Street West Condos
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Condo Project Summary
This mid-rise mixed-use development is one block away from King and Spadina, and it’s one of the most exciting projects coming on the market today.
540 King Street West Condos is a new mid-rise mixed-use condominium development by Great Gulf in Toronto. This 12 storeys pre-construction project with 77 residential units is located at 540 King Street West, the northwest corner of King West and Brant in Fashion District.
This new development with residential, retail, and office space with diverse mix of floor plans is in the heart of the Fashion District, which is in the middle of it all! Shops, restaurants, bars, jobs, it’s all here!
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540 King Street West Condo units will be divided into 4 one-bedroom units, 49 two-bedroom units, and 24 three-bedroom units. The most notable thing about this allocation is that the vast majority of the suites are two and three-bedroom units. This is a reaction to more people looking for condos that can accommodate their growing families. It’s also good for investment properties as many urbanites prefer living with a roommate.
The amenity space is located on the building’s top floor, and it will be split between the residents of the condos and the office workers. There will be 1,259 of indoor amenity space and 1,615 square feet of outdoor amenity space for the residents, and 2,516 of rooftop amenity space for the workers.
There will be a two level commercial retail unit starting on the ground floor. It will account for 33,515 square feet of retail space, which will add convenience to the lives of future residents. The offices will begin on the northern side of the building on the second floor, and they will continue from floors 3 through 7. This is a welcomed increase of employment in the area, which is one of the most central locations in the city.
Location & Neighbourhood
540 King Street West Condos is in the heart of the Fashion District, which means that it’s surrounded by all of the public amenities that continuously attract people to live in urban centres.
It is only one block west of Spadina Avenue, and this is where you’ll want to go to do your errands because Chinatown is only a few blocks north from here, and it is one of the most comprehensive and colourful markets in the city.
There is a wealth of restaurants and bars here too, and they range from quick takeout and dive bars, to eclectic gastropubs and steakhouses. One highlight is Patria, which is a restaurant with classic Spanish cuisine.
St. Andrew Station is only a short walk from this address. This subway station connects to Line 1 Yonge-University, and you can use it to pretty much get anywhere in the city. There is also the modified streetcar service along King Street, which is acting as a supplemental rapid transit line that serves the southern parts of downtown.
There are plenty of employment opportunities surrounding this development, but true employment centres are incredibly accessible as well. The Financial District is only a 15 minute walk away, and North York Centre, can be reached in 45 minutes using public transit.
Opportunities like this are becoming increasingly rare as most of Downtown has already been developed. With most condo projects having a majority of one-bedroom units, this is a fantastic chance to own a condo that has a nearly perfect location for you and your growing family. Make sure you register today so you don’t miss out on price lists and floor plans - these are going to sell out quick!
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540 King Street West Condo Developer
Great Gulf is one of the most recognizable names in Toronto real estate, and they have made their mark across all of North America, having built in Alberta, Texas, Florida, and Washington DC. An award winning group, they were given the Project of the Year Award at the 2016 OHBA Awards and won the Hot Condos Award at the 2016 Mississauga Urban Design Awards. They strongly believe in using the newest technology and sustainable measures in their developments, so their homes are always cutting edge.
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