$3,200,000 - 478 King Street Unit PH-02, Downtown Toronto
Condo for Sale in Downtown Toronto
47 days on market- MLS Number
- C13059542
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
A penthouse that knows exactly who she is. A private two-storey residence in one of King West's most desirable boutique buildings, offering over 2,800 square feet inside and 2,700+ square feet of rooftop living above it all. Big scale. Real privacy. No theatrics required. The design is crisp and confident. Clean lines. Seamless indoor-outdoor flow. A soft, neutral palette that lets the architecture speak for itself. Nothing loud. Yet nothing accidental. Inside, the proportions hit immediately. Eleven-foot ceilings. Floor-to-ceiling glass. A glass-enclosed staircase. Layered textures. Spa-inspired washrooms. Custom storage everywhere you actually need it. Modern, but warm. Polished, not precious. The main living space makes its own statement. Expansive, light-filled, and anchored by a rare dual-sided fish tank with its own private caretaker (just ask!). The kitchen understands the assignment. Dark, streamlined cabinetry, easy four-person seating, and a hidden walk-in pantry with 200-bottle wine storage. Long brunches & oversized dinner parties encouraged. The primary suite is calm and considered, with integrated wardrobes and a generous ensuite featuring a glass-in shower, dual vanity, and deep soaker tub. Two additional bedrooms are quietly tucked away, along with thoughtful extras including a Carrie Bradshaw-level dressing room, a powder room, a real front hall closet, and a full-size laundry room. Thoughtful beats showy every time. We can prove it. Then there's the rooftop. And yes, it delivers. Fully private. Meaning, all yours. Sunny lounging and dining areas. City and CN Tower views. Designed for long evenings, late starts, and absolutely no reason to leave. Residents enjoy 24-hour concierge service, fitness facilities, and an elegant resident lounge. Two underground parking spaces and adjacent storage lockers complete the picture. Bring the dog (big or small) and the cat too!
Estimate your monthly payments for this property
Estimated Payment
$14,154.68/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
478 King Street Unit PH-02, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1164/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 47 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.