$1,499,990 - 327 King Street Unit PH04, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13474618
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North West
- Balcony
- Juliette
- Listing Brokerage
- THE AGENCY
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 hardwood 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.
Estimate your monthly payments for this property
Estimated Payment
$6,634.96/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 Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
327 King Street Unit PH04, 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 $1250/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.