357 King West Condos
357 King West Condos is a new condo in Toronto developed by Great Gulf currently in pre-construction at 357 King Street West, Toronto, ON.
About 357 King West Condos
Standing tall at the intersection of King and Blue Jays Way, 357 King West is a picture of elegance. Artfully designed to accommodate the essentials of modern city living, its slender form complements the downtown space in which it sits.
The building’s glass façade reflects the vibrancy of the surrounding neighbourhood. As King Street evolves, its classic design will stand the test of time.
357 King West Condos Details
| Developer | Great Gulf Homes |
| Address | 357 King Street West, Toronto, ON |
| Neighbourhood | Entertainment District |
| Number of Storeys | 42 |
| Number of Units | 324 |
| Occupancy Date | October 2021 |
| Maintenance Fees | TBA |
| Priced From | $474,990 to over $899,990 |
| Deposit Structure | $7500 due on signing Balance to 5% in 30 days 5% in 120 days 5% in 240 days 5% in 540 days 1% on occupancy |
357 King West Condos Location
357 King West Condos is located near the intersection of King Street West and Blue Jays Way; the hottest neighbourhood in Toronto, ON.
Everything that you could imagine is right at your door step including some of the city’s best restaurants, cafes, bars, lounges, and clubs.
TTC only minutes away as well as Toronto biggest attractions including Rogers Centre, CN Tower, Union Station, Ripley’s Aquarium, and Scotiabank Arena.
This is where the pulse of Toronto resides.
2306 Saint Clair Avenue West
Very Walkable
357 King West Condos Amenities
3RD FLOOR
Whether it’s burning calories or balancing the chakras, its light-filled 3rd floor comes equipped with a state-of-the-art fitness centre and a relaxing yoga studio. With many unique features, like bike lockers – one per bedroom, parcel pick-up service, meeting rooms and communal workspaces, 357 King has been designed to enrich the lives of its residents.
42ND FLOOR
While the world outside its doors offers many interesting options, the building’s 42nd floor takes entertaining to new heights. From stylish lounges to a private dining room with a well-appointed catering kitchen, it offers a variety of indoor and outdoor spaces perfect for both formal dinners and relaxed gatherings
Other amenities will include:
Full Gym
BBQs
Juice Bar
Pilates Studio
Yoga Room
Weight Room
Cardio Room
Ping Pong Room
Communal Workspace
Party Room Panoramic
42nd Floor Outdoor Terrace
24-hour Concierge
Parcel Pickup
357 King West Condos Features and Finishes
LIVE
9’0” Smooth ceilings
Choice of designer-selected laminate flooring in living/dining areas, foyer and bedrooms
Individually controlled heating and cooling
Stacked brand-name washer/dryer
Custom designed door hardware
COOK
Contemporary kitchen cabinetry, in a variety of materials and colours
Solid surface quartz kitchen countertop and backsplash
Single bowl stainless steel undermount sink
Contemporary design faucet with integrated pull-out head
4-piece stainless steel kitchen appliance package
BATH
Soaker tub in main bath
Framed glass shower in ensuite bath
Custom designed vanity with solid surface quartz countertop
Undermount sink
Polished chrome wall mounted showerhead
CONNECT
“Future technology-ready” features in all suites
Pre-wired for internet, cable TV and telephone
Emergency voice communications system, smoke, heat and carbon monoxide detector
About the Developer
Great Gulf
Great Gulf is an award winning builder and developer of new homes and condos in Toronto, Milton, Sharon Village, Bradford, Oakville, Whitby and Brampton.
For 40 years, this guiding principle has embodied the spirit of innovation within each of our 40,000 homes.
It’s why every Great Gulf house or condominium is built upon three core values. Design. Technology. Experience. These values have given our homes a higher resale value, better rental value, numerous awards and accolades, and best of all, 90% of our customers would recommend us.
357 King West Condos Frequently Asked Questions
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
https://truecondos.com/tag/hst-rebates/
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.
