540 King Street West Condos — Toronto Pre-Construction
540 King Street West is a planning phase pre-construction condos development by Great Gulf Homes in Toronto's King West. Get pricing, floor plans, deposit…
540 King Street West Quick Facts
| Project Name | 540 King Street West |
|---|---|
| Developer | Great Gulf Homes |
| Address | 540 King Street West |
| City | Toronto |
| Neighbourhood | King West |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Planning Phase |
| Storeys | 15 |
| Pricing | Register for pricing |
| Walk Score | 99 |
| Transit Score | 100 |
About 540 King Street West in Toronto
540 King Street West Condos is a condominium development under construction by Allied Properties and Great Gulf Homes at 540 King Street West in the King West neighbourhood of Toronto. The project is 15 storeys tall and contains 95 suites. Architecture is by Hariri Pontarini Architects & Turner Fleischer Architects. The location has a Walk Score of 99 and a Transit Score of 100.
540 King Street West is also marketed as 540 King Street West Condos, and listed in the developer's material as 540 King Street West Condos.
Key Highlights of 540 King Street West
ABOUT 540 KING STREET WEST CONDOS IN THE ENTERTAINMENT DISTRICT
540 King Street West Condos is a new condo development by Great Gulf Homes to be located at 540 King Street West in Downtown Toronto’s vibrant Entertainment District, near the city’s Chinatown area. The new project is currently in preconstruction and does not yet have an estimated completion date.
✔ Proposed to have a total of 77 luxury condo units (4 one-bedroom units, 49 two-bedroom units, and 24 three-bedroom units) and 12-storeys
✔ Architecture by Hariri Pontarini Architects
✔ Separate lobby entrance that fronts onto Morrison Street on the north
✔ Will also feature a three-level underground parking lot with 125 car spaces and 161 bicycle spaces
ABOUT THE ENTERTAINMENT DISTRICT
Toronto’s Entertainment District is a bustling area that’s home to a majority of the city’s large theatres and performing arts centres, as well as a number of upscale restaurants, shops, boutiques, and more. The new condo project is located close to several public transportation options, including the 304 King N.C., 514 Cherry, and the 504 King S.C. all at the King Street West at Spadina Avenue West Side stop.
✔ Near perfect WalkScore of 99/100, 100/100 TransitScore, and fair BikeScore of 59/100
✔ Local and nearby attractions, landmarks, and things to do in the area include the Princess of Wales Theatre, Ed Mirvish Theatre, historic Massey Hall, Panasonic Theatre, the Elgin & Winter Garden Theatres, the Royal Alexandra Theatre, Air Canada Centre, the Rogers Centre, TIFF Bell Lightbox, the Toronto Music Garden, Ripley’s Aquarium of Canada, the CN Tower, ScotiaBank Theatre, The AGO (Art Gallery of Ontario), Four Seasons Centre for the Performing Arts, Roy Thomson Hall, Studio Event Theatre, Metro Toronto Convention Centre, Chinatown Centre, Kensington Market, New City Hall, Yonge-Dundas Square, the Canadian Broadcasting Centre, Factory Theatre, and David Pecaut Square
✔ Restaurant and bar options in the area include Chiado Restaurant, The Elm Tree Restaurant, Citrus, House on Parliament, Adega, Blaze Pizza, George Restaurant, Carisma, Pizzeria Libretto, Nami Japanese Seafood Restaurant, Le Petit Dejeuner, Wildfire Steakhouse at the Cosmopolitan Hotel, JOEY Restaurant at Eaton Centre, Donatello Restaurant, The Carbon Bar, Black Hoof, Barberian’s Steak House, The Queen & Beaver Public House, Red’s Midtown Tavern, The Blake House, The Senator Restaurant, Bannock, Yutaka Japanese Restaurant, Beer Bistro, Pearl Diver Restaurant, Hair of the Dog Restaurant & Pub, Bar Sybanne, Cluny Bistro, and Golden Thai Restaurant
ABOUT GREAT GULF HOMES
Great Gulf Homes is a Toronto-based real estate developer and builder with dozens of condo and townhome projects located across the Greater Toronto Area, as well as in the United States.
✔ Portfolio includes Monde Condos, 1421 Yonge Street Condos, 101 Spadina Condos, Arbor Peaks, 357 King West Condos, Hillsborough, Highcliffe Riverfront Condos, La Clara Condos, Mirvish+Gentry Toronto Condos, Twenty Lombard Condos, 1300 4th Street NE Condos, Victory Silos Condos, Brockton Commons Condos, 8 Cumberland Condos, and HOT Condos
540 King Street West Renderings & Gallery
540 King Street West Floor Plans & Price List
Floor plans, the current price list and deposit structure for 540 King Street West are released to registered buyers first. Request the 540 King Street West floor plans and pricing.
Location: 540 King Street West
540 King Street West is located at 540 King Street West, Toronto in the King West neighbourhood, Greater Toronto Area.
- Walk Score: 99/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Great Gulf Homes
540 King Street West is being developed by Great Gulf Homes, with architecture by Turner Fleischer Architects, Hariri Pontarini Architects.
See all Great Gulf Homes pre-construction projects.
How to Buy at 540 King Street West
- Register early. Allocation at 540 King Street West in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for 540 King Street West are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for 540 King Street West
Budget beyond the purchase price at 540 King Street West: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at 540 King Street West. Confirm each in the current agreement of purchase and sale before you sign.
540 King Street West — Frequently Asked Questions
Where is 540 King Street West located?
540 King Street West is located at 540 King Street West, Toronto in the King West neighbourhood.
Who is the developer of 540 King Street West?
540 King Street West is being developed by Great Gulf Homes.
How much do units at 540 King Street West cost?
Pricing for 540 King Street West has not been publicly released. Registered buyers receive the price list first.
When is occupancy at 540 King Street West?
An occupancy date for 540 King Street West has not been announced yet.
How many units are in 540 King Street West?
540 King Street West is planned as a 15-storey condo development.
How do I get platinum or VIP access to 540 King Street West?
Circle Real Estate provides platinum access to 540 King Street West, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for 540 King Street West pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-10-07. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.