king toronto condos

People buying million dollar condos in Toronto now get free Rolexes and Porsches with purchase

Remember that imposing complex of ultra-modern, modular, greenery-covered condos that has been slated for King Street West for some time now?

Well, the luxury development and architecture firms behind the community dubbed King Toronto threw a sumptuous party proving that the prospect of living in the building is absolutely out of reach for many normal people.

Units in the uniquely-designed and much-anticipated construction project were available for purchase at the exclusive one-night-only Lunar New Year-themed sales event yesterday evening at Toronto's Shangri-La Hotel.

It was all captured on video.

The evening included giveaways for a new Porsche 911 Carrera, Hermes Birkin bags worth up to $110,000, a Rolex watch and multiple gift cards for tens of thousands of dollars each.

You know, the usual goodies you'd expect for free at any party, especially if you're dishing out millions for a few hundred square feet of space in one of the least affordable cities on the planet.

king toronto condos

Condo buyers were given the chance to spin a wheel to see what prize they would get. Photo by pasargadmedia.

The incentives were tiered based on how expensive of a unit attendees were looking at buying.

The pixelated-looking set of buildings are due to include 500 residential units ranging in price from $850,000 to $8 million, along with boutique office spaces, a massive shopping plaza and connecting pedestrian pathways, an "urban forest" and more on the stretch of King between Spadina and Portland.

The community is the brainchild of Dane design company Bjarke Ingels Group, Westbank and Allied Properties REIT.

Lead photo by

pasargadmedia


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

Over 80% of Toronto area investors are losing money on new condos

GTA developers have pressed pause on 24k planned condo units due to market slump

This $4 million dream house in Mississauga comes with resort-like features

These are the best cities in Ontario for renters in 2024

Toronto's next two breathtaking flatiron buildings just started construction

This $2 million Toronto home's interiors are like taking a trip back in time

Condo tower proposed to soar high above Toronto museum

This $22 million fairytale-inspired Ontario mansion has an indoor waterpark