Surroundings
The western part of the King west community is home to the aforementioned new technology companies and other office buildings. In the eastern part of the community, there are newly constructed residential buildings in recent years. In the last three years, 20 new restaurants have been opened in the eastern area. The reason why the King West Street community has attracted so many new businesses, new technologies, artists, and the most fashionable post-80s is because of the unique geographical location of the community: 15 minutes walk to Lakeshore, 10 minutes streetcar to King Financial District, a 20-minute walk to the King entertainment and consumption area, and an 11-minute walk to the Canadian National Exhibition Area. It is precisely because of the superior geographical location and the composition of high-income post-80s residents that housing prices and rents in the king west community have risen. Take two bedrooms and one living room as an example. In 2007, the house price was 340,000 Canadian dollars and the rent was 1,700 Canadian dollars. Ten years later, in 2017, the house price doubled to 720,000 Canadian dollars and the rent rose to 2,500 Canadian dollars!
Created by famous developers
Developer CentreCourt Developments Inc. is a leader in the development of high-rise apartments in downtown Toronto. Since 2011, it has developed 6 major high-rise real estate projects, with more than 3,000 apartment units and a market value of more than 1.2 billion. The previously sold-out Transit City Condos, Karma Condos, and the successful AXIS apartment are all made by Center Court. A landmark building jointly developed with Parallax Development, the 50-story Grid Condo. Zen King West luxury apartment building occupies the most HOT prime location in downtown Toronto, transportation, shopping, work and life are very convenient. Excellent geographical location, top-notch reputation developers, and their considerable return on investment, are suitable for self-occupation investment, and the potential for appreciation is unlimited!