Condos in King West have fast-become one of the most attractive property types across Toronto. Do you need to know what it takes to invest here, or even where to start?
Get better acquainted with the area, learn how to start investing in King West real estate, and see what has primed the area for such ample growth with our investor’s guide to King West …
The Growth of Transit
King Street is one of Toronto’s largest transit routes, moving over 65,000 riders every single day. For that reason, King West has always benefitted from a class of commuters who want to be closer to the city without being directly downtown.
In the recent past, the iconic 504 King streetcar line has undergone significant changes. Not only with the introduction of new streetcars, but also with the King Street Pilot Project. This has made commuting easier for those who rely on the streetcar and is both representative and predictive of King West’s past, present, and future growth.
Better Buildings, Better Opportunities
King West has quickly become an epicentre of development throughout Toronto. Walk down King Street for only a moment, and you’re likely to see new buildings and plans for new buildings lining the street.
Average Condo Price (Toronto – Overall): $549,472
Average Condo Price (Central Toronto – Overall): $616,314
Average Condo Price (Central Toronto – King West): $629,545
(Source: Toronto Real Estate Board – Fourth Quarter 2017)
Condos in King West are always in demand, which is why you need King West real estate agents who know the area and the available units. Two members of the Christensen Real Estate Group specialize in the neighbourhood and also live there, so they understand what makes King West special and are experts in neighbourhood values. If you are interested in King West, feel free to contact evan@christensengroup.ca for more information. Work with the right team, with the proper network, and the ability to identify the right opportunities and your investment here is sure to be in good hands.
Nearby Neighbourhood Amenities
Condo residents in King West benefit from not only unprecedented access to Downtown Toronto, but also to all the essentials that you need to make your life here as comfortable as possible. Five-star restaurants, stylish boutiques, and all of your everyday essentials (such as grocery stores, pharmacies, and parks) can be found along King Street.
If you live in King West, chances are you never have to go far to find exactly what you need; that convenience is paramount for those who want to call it home.
Investing only works if you work with the experts. We’ve helped people who were looking to begin, or to bolster, their portfolios – are you next? Learn a bit more about how we help others invest, and feel free to reach out to get started today.
The Value of Opportunity
There’s no denying that condos in King West are attractive for first-time investors and those looking to attract upscale tenants. Those renting in King West are young professionals, couples, and downsizers who want to live that downtown lifestyle. The best part? Demand has never been higher. If you are looking to buy or invest in this area of town, you’ve made the right choice. Now, you need to work with the right team.
Looking to invest with King West real estate agents? For over 30 years, our clients have trusted us to minimize risk, offer unbiased opinions, and ensure their best interests are served. Contact us today to talk about your needs, by emailing us at niels@christensengroup.ca or calling us at 416-441-2888 ext. 772.
