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    for sale
    59 Days on Strata

    616 - 478 King St W

    Victory Lofts4.5
    $550,000
    1 Bed
    1 Bath
    0 Parking
    477 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $424/mth
    Taxes:
    $2,217 (2024)
    Property Type:
    Soft Loft
    Cost Per Sqft:
    $1,153/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    North

    Amenities

    Concierge
    Gym
    Party Room
    Guest Suites

    About this Listing

    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 entry closet along with two owned storage lockers. **EXTRAS** The boutique building offers great amenities like a well equipped gym, concierge, party room and guest suites. Other room noted in listing is the balcony.

    ExtrasRefrigerator, stove, dishwasher, microwave, washer and dryer, two storage lockers.

    on the blockMLS® #C12423527

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    13.16 x 12.07ft
    Laminate, Combined with Dining, Walkout To Balcony
    Dining
    13.16 x 12.07ft
    Laminate, Combined with Living, Walkout To Balcony
    Kitchen
    13.16 x 12.07ft
    Laminate, Combined with Dining, Granite Counter
    Primary
    9.51 x 10.6ft
    Laminate, Double Closet, Large Window
    Other
    25.17 x 6.82ft
    Balcony
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At Victory Lofts

    Days on Strata

    Units at Victory Lofts spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    37
    Units were Rented over the past twelve months

    Best Value Rank

    Victory Lofts offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Victory Lofts has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Victory Lofts yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Victory Lofts is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Victory Lofts

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$499,900 - $535,000No Data$760,000No Data
    Avg. Cost Per SqftNo Data$1,254No Data$974No Data
    Avg. Wait for Unit Availability673 Days88 Days120 Days169 Days647 Days
    Ratio of Units in Building8%39%26%22%7%

    Market Inventory

    Total number of units listed and sold in King West