Building Image

One King West Hotel & Residence

1 King St W, Downtown

Features

Request more info

Price/Sqft Range

303 sqft - 5654 sqft

Avg Price/Sqft

$1,007 / sq. ft.

Completed

Built: 2005

Building Scale

Floors: 51 | Total Units: 575

Building Details

Building Type

High-Rise condo

Property Management

Built in 2005

Condo Corp

TSCC-1703

Date Registered

Sep 9, 2005

Maintenance Fees Include

Cable TV

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Water

Description

1 - About One King West Hotel & Residence

  • Address: 1 King St W, Toronto
  • Neighbourhood: Bay Street Corridor, Downtown, Toronto
  • Storeys: 51
  • Units: 575
  • Built Year: 2005
  • Builder: Harry Stinson
  • Building Type: High-Rise condo
  • Suite Sizes: 303 sqft - 5654 sqft
  • Average Price: $1,007 / sq. ft.

2 - Overview of One King West Hotel & Residence

One King West Hotel & Residence represents a $100 million adaptive reuse project that transformed the historic 1914 Dominion Bank Building into a sophisticated hotel and residential tower. Completed in 2005 by Stanford Downey Architects, the development features a distinctive 51-storey addition called "The Sliver" that rises elegantly from the original heritage base.

The architectural design seamlessly blends Beaux-Arts and Renaissance Revival elements. The crown jewel of the interior remains the magnificent Grand Banking Hall, showcasing gold leaf coffered ceilings, stately Corinthian columns, and dramatic cathedral windows. The heritage restoration carefully preserved the building's original tan-coloured stonework and corbelled cornice, while decorative moldings throughout the common areas maintain the structure's historic character.

3 - Suite Sizes & Value

Residential offerings span from efficient 303 sqft studios to expansive 5654 sqft residences, catering to diverse lifestyle needs. This range appeals particularly to downtown professionals and discerning residents who appreciate living within a meticulously restored heritage building.

The Average Price: $1,007 / sq. ft. reflects the premium positioning of this landmark property at one of Toronto's most significant intersections, where King Street meets Yonge Street in the heart of the Financial District.

4 - Building Amenities & Features

  • Grand Banking Hall: This spectacular heritage space accommodates up to 350 guests and serves as an elegant bar and meeting venue available for private rentals
  • Teller's Bar: A sophisticated social hub located in the lobby, welcoming both residents and hotel guests
  • Historic Bank Vault: The original bank vault has been thoughtfully repurposed as an intimate venue for private events and exclusive meetings
  • Heritage Restoration: Carefully preserved 1914 architectural features include original stonework and intricate decorative moldings found throughout the common areas

5 - Location Highlights

  • Financial District: Positioned at the prestigious southwest corner of the King and Yonge intersection in Toronto's central business core
  • PATH Access: Direct connection to Toronto's extensive 30-kilometre underground pedestrian walkway system
  • Transit: Steps from King TTC subway station with convenient access to Union Station for GO Transit and reliable 24-hour streetcar service
  • Local Amenities: Prime walking distance to the Entertainment District, premier downtown shopping centres, and the bustling Yonge-King transit hub

6 - Lifestyle Near One King West Hotel & Residence

The neighbourhood pulses with the energy of Toronto's Financial District and Bay Street Corridor. Residents include accomplished finance professionals, sophisticated property owners, and international business travelers who appreciate the building's unique heritage character.

This location provides unparalleled access to Canada's economic centre, world-class dining establishments, and the convenience of the major Yonge-King transit intersection. The blend of historic architecture with modern urban amenities creates a distinctive living experience in the heart of downtown Toronto.

7 - About the Developer

Harry Stinson specializes in challenging adaptive reuse and heritage preservation projects throughout Toronto. His development philosophy combines respect for historic architecture with innovative slender high-rise design concepts. His notable portfolio includes landmark projects such as the Flatiron Building and Cambridge Suites, demonstrating his commitment to preserving Toronto's architectural heritage while meeting contemporary housing needs.


Building Sales History

May 2026 — 3 Listed | 1 Sold

75 days on market

MLS® # C12854268

May 21, 2026

Suspended

Mar 6, 2026

Listed For Sale

$529,900

115 days on market

MLS® # C12715408

May 16, 2026

Sold

Jan 20, 2026

Listed For Sale

$531,900

33 days on market

MLS® # C12969728

May 11, 2026

Sold Conditionally

Apr 8, 2026

Listed For Sale

$374,900
Apr 2026 — 2 Listed | 1 Sold

7 days on market

MLS® # C12980208

Apr 16, 2026

Terminated

Apr 10, 2026

Listed For Sale

$459,900

36 days on market

MLS® # C12845726

Apr 9, 2026

Sold

Mar 4, 2026

Listed For Sale

$339,000
Feb 2026 — 1 Listed | 1 Sold

7 days on market

MLS® # C12779262

Feb 18, 2026

Sold

Feb 11, 2026

Listed For Sale

$299,000

Bay Street Corridor Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.