Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Downtown Yonge East
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92 King St E, Toronto
Built
1991
Storeys
17
Suites
212
Developer
Not confirmed
Corporation
MTCC-954
Walk Score
100
Free · about 45 seconds · no obligation
What is your unit at King Plaza worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 503King St East at Church St West Side503 Kingston Rd / 504 King / 508 Lake Shore streetcarSteps away
- 97YongeTTC bus0.3 km
- 19BayTTC bus0.3 km
- 121Esplanade-RiverTTC bus0.3 km
- 1King stationLine 1 Yonge–University0.3 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.7 km
- UPUnion stationUP Express · Pearson to Union0.7 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Market Lane Junior and Senior Public School
246 The Esplanade, Toronto
0.8 km · ~13 min walk
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
1.8 km
Zoned for this address
Catholic elementary
St Michael Catholic Elementary School - Bldg 1
0.5 km · ~8 min walk
Nearest, confirm zoning
Catholic elementary
St Paul Catholic Elementary School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.0 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Gabrielle Roy
0.8 km · ~13 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at King Plaza actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 3 | $434,000 | 5 | $2,500/mo |
| 2 bed | 5 | $685,000 | 12 | $3,153/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at King Plaza
Do mostly owners or renters live here?
Renter-heavy building. Of 42 deals here in the last 24 months, 32 were leases and 10 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at King Plaza?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about King Plaza
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Mexican
Quesada
Steps away
Restaurant
St. Louis Bar & Grill
Steps away
Restaurant
Google Toronto
Steps away
Pizza
Pizzaiolo
Steps away
Restaurant
Woods Restaurant and Bar
Steps away
Coffee
Coffee at Carltons
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Courthouse Square Park
- Toronto Sculpture Garden
- St. James Park
Nearest grocery
Metro
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 92 King St E, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
King Plaza is the building I show people who want an old-Toronto address on King Street East and a monthly bill with almost no surprises in it. It is a 1991 tower of 212 suites, a short walk from St. James Park, the cathedral and St. Lawrence Market, and its fee covers hydro, heat and air conditioning. The fee looks high until you account for that, and the building is old enough that you need to read its paperwork carefully. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
King Plaza is a 17-storey, 212-suite condominium at 92 King Street East in downtown Toronto, on the edge of the St. Lawrence and Financial District neighbourhoods. It was built in 1991. The condominium corporation is MTCC-954, registered on 26 February 1991, and condos.ca lists Royale Grande Property Management as the manager. Condos.ca lists the maintenance fee as covering common elements, heat, hydro, air conditioning, building insurance and water. I could not confirm the original developer or architect from a reliable source.
King Plaza at a glance
An early-nineties tower on the old King Street East
King Plaza went up in 1991, a decade before the condo boom changed the downtown skyline. At 17 storeys it is a modest tower by today’s standards, and it sits in the stretch of King Street East where the city’s nineteenth-century commercial buildings, St. James Cathedral and St. James Park still set the tone.
That context is the reason to buy here. You are in the oldest part of Toronto, between the Financial District to the west and St. Lawrence to the south and east, in a building with a concierge and a garage. Most of what is newer on this stretch is either a hotel conversion, a luxury project at a much higher price per square foot, or a large tower further east.
I could not find a reliable record of who developed or designed King Plaza, and condos.ca leaves the developer field blank. If that matters to you, the corporation’s original declaration and the building’s permit history are the places to look.
Hydro, heat and air conditioning are in the fee
This is the single most important fact about King Plaza. Condos.ca lists the fee as covering common elements, heat, hydro, air conditioning, building insurance and water. In most downtown buildings from the 2000s onward, hydro is on your own meter and you pay for your heating and cooling separately.
Across the suites listed for sale when I checked, fees worked out to roughly $1.08 per square foot a month. Next to a newer tower quoting $0.65 to $0.75, that looks expensive. Add a realistic monthly hydro bill back onto the newer building, plus heating and cooling, and the gap narrows considerably.
The trade-off is that a bulk-metered building spreads energy costs across all owners, so a neighbour who runs the air conditioning all summer is partly on your bill. Ask whether the board has studied sub-metering, and look at how the utility line in the budget has moved over the last few years.
Parking is listed as a garage amenity, but condos.ca does not show parking as included in the fee. Confirm whether the suite you are looking at comes with a space and a locker, and whether either carries a separate charge.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Suites, corners and what owners have done with them
The suites I saw listed sat in the 600 to 999 square foot bands, with one-bedroom-plus-den and two-bedroom-plus-den plans. That is a more generous footprint than the typical downtown one-bedroom built in the last fifteen years, and dens in buildings of this era are usually closer to a real room than a hallway nook.
Many suites here are on their second or third interior. Listing descriptions describe renovated kitchens, new flooring and updated bathrooms, and they single out corner suites for their walls of windows. Expect a wide spread in condition, and price it accordingly: an original 1991 interior and a fully renovated one are different products in the same building.
Exposure matters on this stretch. Some suites look over King Street and the low heritage buildings around it, while others face neighbouring walls. Ask which way the suite faces and what is next door before you fall for the photos.
Daily life between the market and the Financial District
The appeal here is walking. St. Lawrence Market, St. James Park and the cathedral are a few minutes away on foot, and the Financial District and the PATH are close enough that many owners never need the car they are paying to park. Restaurants along King, Church and Colborne are part of the daily rhythm, and the automatic panel on this page lists what is closest.
This is a downtown street, not a quiet one. King Street East carries streetcar traffic, and the area is busy into the evening, especially around the restaurants. If you are a light sleeper, a higher floor or a suite away from the street side is worth paying for.
The area keeps changing at the edges. The city has been reviewing larger proposals on King Street East within the St. Lawrence Neighbourhood Heritage Conservation District, so expect cranes and construction in the blocks around you over the coming years. That is normal downtown, but it is worth knowing before you buy a view.
What King Plaza costs
When I checked, three suites were for sale, with asking prices from about $469,000 to $660,000 across one-bedroom-plus-den and two-bedroom-plus-den plans. That is a sensible entry point for King Street East, well below what the newer luxury buildings nearby ask per square foot.
The fee is the number to study. At roughly $1.08 per square foot a month across the active listings, it is high on paper, but it carries hydro, heat and air conditioning. When you compare King Plaza with a newer tower, compare the total monthly cost of living there, not the fee line alone.
Asking prices across the listed suites varied a lot more than their sizes did, and that spread mostly reflects condition and renovation. Use sold data, not asking prices, to judge a specific suite. I can pull it for you through my building sold report.
Building specifications
| Building name | King Plaza |
| Address | 92 King St E, Toronto M5C 2V8 |
| Developer | Not confirmed |
| Storeys | 17 |
| Total suites | 212 |
| Condo corporation | MTCC-954 |
| Registered | 26 February 1991 |
| Property management | Royale Grande Property Management |
| Unit types | 1+den and 2+den plans seen among recent listings |
| Maintenance fees | About $1.08 per sq ft a month across active listings |
| Fees include | Common elements, heat, hydro, air conditioning, building insurance and water |
Amenities at King Plaza
The package is practical rather than resort-style: a concierge, a rooftop deck that listings describe as having barbecues and skyline views, a party room, a meeting room and a fitness room. There is no pool to fund, which helps a 35-year-old building keep its long-term costs under control.
Jatin’s honest take on King Plaza
Who this building suits
Owner-occupiers who work downtown and want to walk to the office, the market and the park, and buyers who value a predictable monthly bill with utilities bundled in. It also suits downsizers who want a larger one-bedroom-plus-den or two-bedroom without paying luxury-tower prices on King Street East.
What I’d want you to check
This is a 1991 building, so read the reserve fund study for windows, the roof, the garage, the elevators and the heating and cooling equipment, which are all in or near their replacement window. Check the budget’s utility line, since hydro is bulk metered, and ask about any sub-metering plans. Confirm parking and locker for the specific suite, and read the status certificate and recent board minutes for planned work. Condos.ca flags pet restrictions, so read the declaration and rules if you have an animal.
The value question
On price per square foot, King Plaza is one of the more accessible ways into this corner of the old city, and the all-inclusive fee makes the monthly cost easier to plan around. You give up new-build finishes and a modern amenity floor. For a long-term owner who buys a well-renovated suite and checks the reserve fund, I think it is a fair deal. For an investor, the high fee eats into rental yield, so run the numbers before you commit.
Free building report: King Plaza
Send me your email and I’ll put together a current report on King Plaza — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
King Plaza — frequently asked questions
What do the maintenance fees include at King Plaza?
Condos.ca lists common elements, heat, hydro, air conditioning, building insurance and water. Parking is not listed as included, so confirm it for the suite you want.
How many suites and storeys does King Plaza have?
It has 212 suites across 17 storeys.
When was King Plaza built?
It was built in 1991, and the condominium corporation, MTCC-954, was registered on 26 February 1991.
Who manages King Plaza?
Condos.ca lists Royale Grande Property Management.
Who developed King Plaza?
I could not confirm the developer or architect from a reliable source. The corporation’s declaration would name the original declarant.
What amenities does King Plaza have?
A concierge and security, a rooftop deck, a party room, a meeting room, a fitness room, bike storage, visitor parking and an underground garage.
Does King Plaza have a pool?
No pool is listed among its amenities.
Are the fees at King Plaza high?
They are high per square foot, around $1.08 across recent listings, but they include hydro, heat and air conditioning, which most newer buildings do not.
What size are the suites at King Plaza?
Recent listings have been one-bedroom-plus-den and two-bedroom-plus-den plans in the 600 to 999 square foot range.
Who does King Plaza suit?
Downtown workers who want to walk everywhere, downsizers who want more space than a new one-bedroom, and anyone who prefers a bundled monthly bill.
How much do condos at King Plaza sell for?
Over the last 12 months the median resale at King Plaza was $612,500, across 8 sales. The typical unit sold in 54 days at about 95% of the asking price. That works out to roughly $705 per square foot.
How much is rent at King Plaza?
The median lease at King Plaza over the last 12 months was $2,995/mo, from 17 leases. Units typically leased in 14 days.
What does each unit type cost at King Plaza?
Over the last 24 months: One-bedrooms sold for a median $434,000 and rented for $2,500/mo; Two-bedrooms sold for a median $685,000 and rented for $3,153/mo. Each median uses three or more deals.
Are prices at King Plaza up or down since 2022?
Down about 17%. The median sold price per square foot was $848 in 2022 and $705 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does King Plaza offer an investor?
At a median price of $612,500 and a median rent of $2,995 a month, the gross yield is about 5.9%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at King Plaza?
Mostly renters. Of the deals here in the last 24 months, 76% were leases and 24% were sales.
Can you Airbnb a unit at King Plaza?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has King Plaza had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is King Plaza zoned for?
For TDSB public schools, the address is zoned for Market Lane Junior and Senior Public School (Elementary, JK–8), Jarvis Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to King Plaza?
The nearest subway is King station (Line 1 Yonge–University), 0.3 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.7 km; UP Express runs from Union station, 0.7 km; the 503 Kingston Rd / 504 King / 508 Lake Shore streetcar stops 0.0 km away; the closest bus is the Yonge (TTC bus). Distances are straight-line from the building.
What is the Walk Score of King Plaza?
Walk Score 100, Transit Score 100 and Bike Score 93. Most daily errands can be done on foot.
What restaurants and shops are near King Plaza?
Within about a 10-minute walk: Quesada (Mexican), St. Louis Bar & Grill (Restaurant), Google Toronto (Restaurant), Pizzaiolo (Pizza), Woods Restaurant and Bar (Restaurant). The closest grocery store is Metro, 0.2 km away.
Which parks are near King Plaza?
Courthouse Square Park, Toronto Sculpture Garden, St. James Park are the closest green spaces.
What is my unit at King Plaza worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at King Plaza lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at St. Lawrence, the Financial District and Downtown Yonge more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including St. Lawrence, the Financial District and Downtown Yonge. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at King Plaza, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More St. Lawrence, the Financial District and Downtown Yonge building guides: One King West Hotel & Residence · 1 Thousand Bay Condos · 1001 Bay · 101 McGill Street Townhouses · 1132 Bay Street Condos · 1166 Bay Street Condos
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.