PH04-327 King St
Waterfront Communities C1, Toronto, Ontario M5V 1J5
- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $1,154at the range’s middle
- Built
- New
- Parking
- 22 underground
- Days on market
- Members
The brief
About PH04-327 King St
PH04-327 King St is a 2-bedroom, 3-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $1,499,990 (MLS® C13474618).
Welcome to PH04 at 327 King Street West, part of the exclusive Maverick Penthouse Collection. This impressive 1,399 sq. ft. two-storey penthouse offers 2 spacious bedrooms, 2.5 bathrooms, 2 parking spaces, and a beautifully designed northwest-facing corner layout in the heart of King West. Filled with natural light, this corner residence features an ample amount of windows throughout, creating an airy and elevated feel across both levels. The open-concept main floor is designed for effortless living and entertaining, with a large modern kitchen, beautiful centre island, waterfall countertop, and seamless flow into the living and dining areas. A Juliet balcony in the living room adds a charming architectural touch while enhancing the connection to the city views. The second level offers two generously sized bedrooms, both complete with impressive walk-in closets, providing comfort, function, and a true sense of separation from the main living space. For added convenience, the laundry is thoughtfully located on the second floor, right where you need it. Premium finishes include elegant herringbone flooring, sleek contemporary details, and a refined two-storey layout that feels more like a private residence than a typical condo. With two parking spaces included, PH04 is a rare offering in one of downtown Toronto's most desirable new addresses. Perfectly positioned in the heart of King West, Empire Maverick Condos offers a true downtown lifestyle surrounded by Toronto's best restaurants, cafés, nightlife, transit, and entertainment. Just steps from the Financial District, TIFF, theatres, and everyday conveniences, this is luxury city living in one of Toronto's most vibrant and connected neighbourhoods.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$5,173/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 281 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- C13474618
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- New
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 2-Storey
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Building Age
- New
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $1,329
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.05 × 5.15 m | Laminate, Centre Island, Pot Lights | Main |
| Dining | 4.05 × 5.15 m | Laminate, Combined W/Living, Open Concept | Main |
| Living | 4.29 × 4.05 m | Laminate, Combined W/Dining, Open Concept | Main |
| Primary | 3.29 × 4.29 m | Laminate, W/I Closet, 4 Pc Ensuite | 2nd |
| 2nd Br | 2.56 × 3.23 m | Laminate, W/I Closet | 2nd |
Listing history
Buy/sell history for PH04-327 King St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,499,990 | N/A | For Sale | C13474618 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $299,998
- Total mortgage amount
- $1,199,992
- Total interest payment
- $853,208
- Total purchase cost
- $2,353,198
- Mortgage payment
- $6,844/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
80%Monthly carrying cost
$8,173- Rent $3,000
- Shortfall $5,173
Rental income opens at $3,000, the median asking rent of 281 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,475
- Toronto municipal land transfer tax
- $26,475
- Total land transfer tax
- $52,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $44,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,499,990
- $22,000
- Ontario total
- $26,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $26,475.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m89 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 136 building permits issued within 250 m in the last 2 years250 m
- 24 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.3 km1.3 km
- Mapped parcel: about 12,610 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 390 m390 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 480 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 2 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
Zoning
Permit history
9 building permits cleared at this address in the City’s file.
New BuildingClosed
REV 01: relocate emergency generator exhaust location from 4th floor to 4.5 m above the walking surface
Issued April 22, 2025
Building Permit Related(MS)Closed
HVAC - Proposal to construct a new 49 storey mixed use building with 339 dwelling units, commercial retail at grade and 4 levels of underground parking.
Issued March 21, 2022
Alternative SolutionApproved
Alternative Solution to use grade TP304 Ch 10 stainless steel (SS) pipe as alternate to type L copper for domestic water main riser for added safety of higher working pressure rating of SS pipe (listed @1,000 PSIG) SS pipe proposed to be installed using victaulic IPS stainless steel pipe pressfit system for joint fittings.
Completed June 7, 2022
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a new 49 storey mixed use building with 339 dwelling units, commercial retail at grade and 4 levels of underground parking.
Issued January 11, 2022
Building Permit Related (DR)Closed
Drain - Proposal to construct a new 49 storey mixed use building with 339 dwelling units, commercial retail at grade and 4 levels of underground parking.
Issued November 20, 2020
Partial Permit - Structural FramingCancelled
Part Permit - Proposal to construct a new 49 storey mixed use building with 338 dwelling units, commercial retail at grade and 4 levels of underground parking. (321-333 King St W)
Issued October 23, 2020
Partial Permit - ShoringCancelled
Part Permit - Proposal to construct a new 49 storey mixed use building with 339 dwelling units, commercial retail at grade and 4 levels of underground parking. (321-333 King St W).
Completed October 22, 2020
Alternative SolutionApproved
Alternative Solution proposal reviews the requirements of locating the standpie riser within the exit stair shaft and deleting the fire hose cabinets.
Completed June 1, 2022
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
319 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
30 m away317 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
40 m away315 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
40 m away309 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
50 m away305 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
60 m away303 KING ST WSite planUnder Review
Site Plan approval application at 301-319 King Street West to facilitate the re-development of the site with a 50-storey (157 metre tall including the mechanical penthouse) mixed-use building containing retail, restaurant and office uses within the first 3 floors and 403 residential units above. A total of 97 parking spaces are proposed within a four level underground parking garage. Portions of the heritage buildings on the site are proposed to be retained and integrated into the podium. This application is being reviewed in conjunction with an application to Amend the Zoning By-law (File No. 13-144733 STE 20 OZ) approved by the OLT.
60 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 632
- Median asking price
- $629K
- New in 7 days
- 66
- Price cuts
- 21%
Middle half: $539K to $838K
249 in 28 days
133 listings
This home is asking 138% above the median, higher than three quarters of them.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 500 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 650 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 900 m |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1 km |
| King Station | TTC subway: Line 1 Yonge-University | 1.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ogden Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 72%Grade 6 average |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 850 m | 83%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.9 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1 km | 8%Grade 9 math |
| Subway Academy IIToronto DSB | Public · grades 9–12 | 1.1 km | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.5 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.1 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Waterfront Communities C1 are shown to signed-in members.