About 401 King Street Condos
401 King Street is a 55-storey residential tower developed by Great Gulf in the heart of Toronto's Waterfront Communities. With 615 units, this high-rise condo offers diverse living options in one of the city's most dynamic neighbourhoods. Current listings range from $419,000 to $1.2M for purchase, with rental options around $2,763 per month, making it accessible to a range of buyers and renters seeking downtown waterfront living.
Located at King and Simcoe, this building puts you steps from the St. Lawrence neighbourhood, the Distillery District, and the Esplanade waterfront trails. The Spadina and St. Andrew subway stations are within walking distance, and you're surrounded by restaurants, galleries, and cultural institutions. This area suits downtown professionals, young families, and anyone who wants urban walkability without sacrificing access to green space.
Frequently asked questions
What type of building is 401 King Street?
401 King Street is a 55-storey high-rise residential tower developed by Great Gulf, containing 615 units in total. The building offers a mix of unit types and sizes to accommodate different household needs, from one-bedroom homes to larger family configurations. As a high-rise condo in the Waterfront Communities, it's designed for residents seeking modern downtown living with building amenities and professional property management. The scale of the building allows for diverse resident demographics while maintaining the proximity to Toronto's core that defines this neighbourhood.
What's the neighbourhood like, and how accessible is it?
401 King Street sits in the Waterfront Communities C1, a rapidly evolving area centred on King Street between Simcoe and Spice Box. You're steps from the St. Lawrence neighbourhood, the historic Distillery District, and the Esplanade waterfront with parks and trails. The Spadina and St. Andrew subway stations are within a 5-10 minute walk, giving you direct access to the TTC's main lines. King Street itself is walkable with streetcar service, and you'll find countless restaurants, independent shops, galleries, and cultural venues within blocks. The area blends heritage architecture with new development, making it attractive to professionals who work downtown and families who value urban convenience.
What should a buyer or renter know about living in this building?
Units at 401 King Street range in size and configuration, with current listings showing an average of around 2 bedrooms and 686 square feet, though this varies significantly across the building. As a large high-rise condo, you'll want to review maintenance fees and building amenities, which typically include fitness facilities, common areas, and professional concierge services. Pet policies are an important consideration, so confirm any restrictions before committing. The building attracts a diverse mix of owner-occupants and investors, so expect a dynamic community. When evaluating a unit, pay attention to floor level (view and light), unit orientation, and proximity to elevators. For renters, this building offers stability and professional management, while buyers should factor in condo fees and review the building's reserve fund and governance.