Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
M5V Condominiums in one look.
375 King St W, Toronto
Built
2011
Storeys
34
Suites
305
Developer
TAS
Corporation
TSCC-2206
Walk Score
100
Free · about 45 seconds · no obligation
What is your unit at M5V Condominiums 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
- 504King St West at Spadina Ave East Side504 King / 508 Lake Shore streetcarSteps away
- 1St Andrew stationLine 1 Yonge–University0.7 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.0 km
- UPUnion stationUP Express · Pearson to Union1.0 km
- 19BayTTC bus1.1 km
- 97YongeTTC bus1.1 km
- 114Queens Quay EastTTC bus1.1 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–6
Ogden Junior Public School
33 Phoebe St, Toronto
0.5 km · ~8 min walk
Zoned for this address
MiddleGr 7–8
Ryerson Community School
96 Denison Ave, Toronto
1.0 km · ~16 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.4 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
0.7 km · ~11 min walk
Nearest, confirm zoning
Catholic elementary
St Mary Catholic Elementary School
0.9 km · ~14 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.1 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
1.8 km
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 M5V Condominiums actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 2 | too few | 8 | $2,088/mo |
| 1 bed | 5 | $580,000 | 24 | $2,325/mo |
| 2 bed | 2 | too few | 12 | $3,563/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 M5V Condominiums
Do mostly owners or renters live here?
Renter-heavy building. Of 132 deals here in the last 24 months, 108 were leases and 24 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 M5V Condominiums?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. 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 M5V Condominiums
- 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.
Get my status certificate reviewedWatch this building
Know the moment a unit at M5V Condominiums lists or sells.
Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.
- New listings for sale or rent here
- What units sold for, with my read on it
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Coffee
Tim Hortons
Steps away
Wings
Wings & Sips
Steps away
Restaurant
Bar Hop
Steps away
Burgers
Wendy's
Steps away
French
French Made
Steps away
Mexican
Chipotle
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Clarence Square Park
- Grasett Park
- Isabella Valancy Crawford Park
Nearest grocery
No Frills
0.4 km · ~6 min walk
Prices: TRREB MLS® System aggregate medians for 375 King St W, 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.
M5V Condominiums is the King West tower you have probably walked past without noticing, and its architects would take that as a compliment. TAS sold it on an unusual idea: buyers could customize their suite, combine units or design one from scratch. That means no two resale listings here are quite alike, which is both the appeal and the homework. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
M5V Condominiums is a 305-suite condominium at 375 King Street West, a block east of Spadina Avenue, in downtown Toronto’s King West. It was developed by TAS, with Lifetime Developments named as a partner in one review, and designed by Teeple Architects with Core Architects. It was completed in 2011. Condos.ca and Teeple list it at 34 storeys; a published architecture review gave 35. The condominium corporation, TSCC-2206, was registered on 15 December 2011, and Icon Property Management is the listed manager. Condos.ca lists heat and water as included in the fee. Suites run from about 389 to 1,658 sq ft.
M5V Condominiums at a glance
A tower designed to be quiet on King Street
King Street West was built for four- and five-storey warehouses, not towers. In a review of the finished building, critic Christopher Hume gave M5V a B+ and credited the architects with shaping the massing so the tower does not crowd the street. He called it a building happy to be ignored, which in this context was praise.
The coloured glass panels are the signature. Hume thought they were used with restraint, adding life to the façade without taking it over. The base is a mix of retail along King, which he described as typical of the strip. Teeple lists the first three floors as commercial and retail space serving both residents and the neighbourhood.
On the facts, sources do not all agree. Condos.ca and Teeple Architects list 34 storeys, Hume’s review says 35, and a Globe and Mail piece from the sales period described a 30-storey plan. The finished building is the one on Condos.ca; the earlier number likely reflects the design before approvals.
Custom suites: the reason no two listings match
TAS sold M5V with a design-build model. The Globe and Mail reported that buyers could pick finishes for a set plan, upgrade kitchens and bathrooms with items such as six-burner cooktops and heated floors, combine adjacent or stacked suites, or design a unit from scratch. Some plans were two-storey.
The base specification called for ceilings of at least 9 feet, full-height windows and terraces about 6 feet deep, with options for sliding glass bedroom doors, walk-in closets and glass bathroom walls. Pre-sales marketing quoted sizes from 500 to over 5,000 sq ft; Condos.ca now records 389 to 1,658 sq ft, so the very large custom combinations either were not built or are not showing in its data.
For a resale buyer, this means you cannot assume one suite matches another on the same stack. Ask for the actual floor plan, confirm the measured size, and if a suite was combined or customized, check that the changes are reflected in the registered unit and that any upgrades were completed by the builder rather than added later.
TAS extended the same idea to the shared spaces. The Globe and Mail reported that buyers were given some input on a roughly 10,000 sq ft amenity area, with early plans for a gym, an outdoor hot tub and sundeck, a terrace cooking station, indoor dining, a business centre and a games room. What was built is described more simply by Teeple as a social lounge with outdoor dining and a full fitness facility, so tour the floor rather than relying on old brochures.
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.
Fees, utilities and the green spec
Condos.ca lists heat and water as included. TAS pitched the building as LEED-targeted, with Energy Star appliances, low-flow fixtures, high-efficiency windows and individually metered utilities, so expect hydro to be on your own meter.
On current listings, fees work out to about $1.08 per square foot, according to Condos.ca. That is well above the 44 cents a foot TAS projected during pre-sales, which is normal: projected fees almost always rise once a building is running. It is close to The Hudson down the street at about $1.02 and above 357 King West at about $0.68.
Parking and lockers were sold separately at launch, so confirm whether a resale suite includes either and whether they carry their own fees. Teeple also lists car-share parking spaces in the building.
King West between Peter and Spadina, day to day
This is the King West restaurant strip, with the theatres, TIFF Bell Lightbox and Roy Thomson Hall a short walk east and the Financial District beyond. The King streetcar runs past the door. The data panel on this page covers transit, schools and Walk Score.
King Street now runs as a transit-priority corridor through the core, which has changed how the street feels at ground level: fewer cars, more streetcars and wider patios in summer. Restaurant and bar noise is part of life on lower floors facing King, and weekends are busy until late.
The neighbourhood has filled in since 2011. 357 King West, a Great Gulf tower completed in 2022, now sits close by, and more towers are proposed on surrounding blocks. If a suite’s value depends on its view, look at what is planned before you buy.
Pricing context
Condos.ca puts the building average at about $904 per square foot. That sits a little below The Hudson at about $919 and Festival Tower at about $971, and above 357 King West at about $788. For a 2011 building on the King West strip, that is a fair position.
Five suites were listed for sale when I prepared this review, asking from about $430,000 to about $750,000, with one-plus-dens making up most of the list at roughly $589,000 to $750,000. One suite was listed for lease.
Because so many suites were customized, compare carefully: a one-plus-den with builder upgrades and a good layout is not the same product as a standard plan on another floor. For the aggregate sold record at this address, ask for my building sold report.
Building specifications
| Building name | M5V Condominiums |
| Address | 375 King Street West, Toronto |
| Developer | TAS (Lifetime Developments also named as partner in one review) |
| Architect | Teeple Architects with Core Architects |
| Storeys | Sources differ: 34 (Condos.ca, Teeple) or 35 (Hume review) |
| Total suites | 305 |
| Condo corporation | TSCC-2206 |
| Registered | 15 December 2011 |
| Property management | Icon Property Management |
| Suite sizes | Approximately 389 to 1,658 sq ft |
| Ceiling height | At least 9 feet (as marketed) |
| Maintenance fees | About $1.08 per sq ft on current listings (Condos.ca) |
| Fees include | Heat and water (as listed by Condos.ca) |
| At grade | Retail and commercial space on the first three floors |
Amenities at M5V Condominiums
The amenity package is built around a shared social lounge with an outdoor dining terrace and a full fitness centre, rather than a long list of rooms. For King West, where most residents eat out, that is the right emphasis.
Jatin’s honest take on M5V Condominiums
Who this building suits
Professionals and couples who want to live on the King West strip and walk to work in the core. It particularly suits buyers who value a distinctive suite, since many units here were customized, and owners who want a building that is quiet in its architecture even if the street outside is not.
What I’d want you to check
Get the registered floor plan and confirm the measured size, especially for any combined or two-storey suite. Check whether parking and a locker are included. Read the reserve fund study and the fee history, since fees have risen well above the original projection. For a King-facing lower suite, visit on a Friday night. Pet and leasing rules should come from the declaration and rules in the status certificate.
The value question
At about $904 a square foot, M5V is fairly priced for its location and age, and a well-customized suite can be the best value in the building. The fee is not low, so compare total monthly cost against The Hudson and 357 King West. For an owner-occupier who wants King West and a suite with some individuality, I think it is a good buy.
Free building report: M5V Condominiums
Send me your email and I’ll put together a current report on M5V Condominiums — 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.
M5V Condominiums — frequently asked questions
Who developed M5V Condominiums?
TAS, the Toronto design-build developer. Christopher Hume’s review also names Lifetime Developments as a partner.
Who designed M5V Condominiums?
Teeple Architects, working with Core Architects.
How tall is M5V Condominiums?
Condos.ca and Teeple Architects list 34 storeys; a review by Christopher Hume gave 35.
How many suites are in M5V Condominiums?
There are 305 suites, from about 389 to 1,658 sq ft.
When was M5V Condominiums built?
It was completed in 2011, and the condominium corporation, TSCC-2206, was registered on 15 December 2011.
Could buyers customize their suites at M5V?
Yes. TAS let buyers choose finishes, upgrade kitchens and bathrooms, combine adjacent or stacked units, or design a suite from scratch, so layouts vary.
What are the ceiling heights at M5V Condominiums?
Suites were marketed with ceilings of at least 9 feet and full-height windows.
What do the maintenance fees include?
Condos.ca lists heat and water. Hydro is individually metered.
Who manages M5V Condominiums?
Icon Property Management is the listed property manager.
How does M5V compare with 357 King West?
357 King West is a 2022 Great Gulf tower close by with a lower average of about $788 per square foot and lower fees, while M5V averages about $904 and has more customized suites.
How much do condos at M5V Condominiums sell for?
Over the last 12 months the median resale at M5V Condominiums was $580,000, across 9 sales. The typical unit sold in 23 days at about 96% of the asking price. That works out to roughly $773 per square foot.
How much is rent at M5V Condominiums?
The median lease at M5V Condominiums over the last 12 months was $2,375/mo, from 44 leases. Units typically leased in 9 days.
What does each unit type cost at M5V Condominiums?
Over the last 24 months: Studios rented for $2,088/mo; One-bedrooms sold for a median $580,000 and rented for $2,325/mo; Two-bedrooms rented for $3,563/mo. Each median uses three or more deals.
Are prices at M5V Condominiums up or down since 2022?
Down about 29%. The median sold price per square foot was $1,089 in 2022 and $773 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does M5V Condominiums offer an investor?
At a median price of $580,000 and a median rent of $2,375 a month, the gross yield is about 4.9%, 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 M5V Condominiums?
Mostly renters. Of the deals here in the last 24 months, 82% were leases and 18% were sales.
Can you Airbnb a unit at M5V Condominiums?
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 8 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 M5V Condominiums 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 M5V Condominiums zoned for?
For TDSB public schools, the address is zoned for Ogden Junior Public School (Elementary, JK–6), Ryerson Community School (Middle, Gr 7–8), Harbord 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 M5V Condominiums?
The nearest subway is St Andrew station (Line 1 Yonge–University), 0.7 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.0 km; UP Express runs from Union station, 1.0 km; the 504 King / 508 Lake Shore streetcar stops 0.1 km away; the closest bus is the Bay (TTC bus). Distances are straight-line from the building.
What is the Walk Score of M5V Condominiums?
Walk Score 100, Transit Score 100 and Bike Score 97. Most daily errands can be done on foot.
What restaurants and shops are near M5V Condominiums?
Within about a 10-minute walk: Tim Hortons (Coffee), Wings & Sips (Wings), Bar Hop (Restaurant), Wendy's (Burgers), French Made (French). The closest grocery store is No Frills, 0.4 km away.
Which parks are near M5V Condominiums?
Clarence Square Park, Grasett Park, Isabella Valancy Crawford Park are the closest green spaces.
What is my unit at M5V Condominiums 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 M5V Condominiums 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 King West, Liberty Village and CityPlace 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 King West, Liberty Village and CityPlace. 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 M5V Condominiums, 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 King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
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.