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$549,000
Victory Lofts · 478 King Street · Toronto · Ontario M5V 0A8
108 days on market
Welcome to Victory Lofts - a stunning soft loft with just 12 storeys! This open concept, bright and modern loft is located in the heart of King West next to amazing restaurants, entertainment and lots of transit options. One of the best features of this unit is the huge balcony, spanning the entire length of the loft and overlooking a quiet courtyard - a perfect spot for relaxing or entertaining. This loft also has tons of storage with a large double closet in the primary bedroom, spacious front…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ON THE BLOCK
Source: TRREB/PROPTX · MLS® C13530188
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $24,993 | $2,083/mo |
| Government & taxes | ||
| Property tax | $2,338 | $195/mo |
| Land transfer tax(closing) | $7,455 | $621/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,490 | $458/mo |
| Condo fees | ||
| Condo / HOA fees | $5,086 | $424/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $56,021 | $4,668/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.