Category Archives for "Blog"

Oct 12

The 3 Coolest Condos For Sale in King West Right Now

By Michael Camber | Blog , King West Condos , King West Lofts

We love cool condos and when they are in King West (our favourite neighbourhood), we love them that much more. Let’s take a look at the 3 coolest condos for sale in King West right now. One of these could be yours!

478 King St W478 King St W PH02 – Victory Condos – $2,295,000

Victory Condos at 478 King St W King and Spadina is a boutique building tucked between the brick and beam buildings dotted along King. In some ways, it’s an understated building, but this unit certainly isn’t.

This unique penthouse suite has a breath-taking 2400sqft private rooftop terrace, simply massive and perfect for summer entertaining. Outstanding unobstructed views. This is the ideal suite for the entertainer. Amazing 2545sqft interior layout plus an extra 530sqft open balcony. Other features include 11ft ceilings, 7.5ft solid doors, plenty of accent lighting built-in to the ceiling. Floor-to-ceiling windows throughout and a walkout from every room in the condo. Did we mention the custom built-in fish tank?


Festival Tower - KWC80 John St UPH04 – Festival Tower – $2,598,800

This luxury King West suite is cool for a number of reasons, not to mention it belongs to a famous movie director (hint: I ain’t ‘fraid of no ghosts!).

Aside from that interesting tidbit the Upper Penthouse at Festival Towers aka the Tiff Bell Lightbox offers 12f toot ceilings, gorgeous views of Lake Ontario, the CN Tower, Rogers Centre Etc. and is truly in the heart of Toronto’s Entertainment District. Over 2500sqft of luxury living in one of Toronto’s most iconic luxury towers. Great for movie buffs and ground zero during TIFF.


38 Niagara - Zed Lofts KWC38 Niagara St PH04 – Zed Lofts – $1,259,000

The Zed Lofts at 38 Niagara St sits at the corner of Niagara and Bathurst, just south of King St W. Another understated boutique soft-loft building with a very pleasant surprise…

PH04 offers a luxury customized 3-storey corner penthouse loft with a private rooftop terrace,2 balconies, 1000sqft of outdoor living and 1600sqft of interior luxury.

Custom finishes include cherrywood millwork chef’s Poliform kitchen with gas stove, Sub Zero Fridge and a massive master bedroom retreat. Audiophiles will appreciate the Bang & Olufsen integrated sound system.


Interested in seeing any of these sup-cool King West luxury suites? Email us at to arrange a discreet and private viewing.

Oct 05

How New Mortgage Rules Will Affect King West Condo Buyers

By Michael Camber | Blog , King West Condos , Mortgages

Are you thinking of buying a King West condo for sale and wondering how Oct 4th’s mortgage rule changes will affect your ability to get a mortgage? Read on…
Oct 4th’s announcement was a surprise to everyone who has an interest in mortgages including lenders, insurers, mortgage brokers, realtors and, above all, consumers. Immediately after the announcement we began researching the details of the changes to mortgage rules and developing an appropriate response. So far, there has been very little analysis and no clarification on aspects of the changes. 
Our feeling is that these measures have been enacted due to the fact there does not seem to be any indication that interest rates will be rising anytime soon. With these unprecedented low rates two housing markets have continued to rise at a very rapid pace relative to historical norms. As history has shown, a steep rise generally leads to an eventual steep fall, which is not good for anyone. With this in mind the Minister of Finance is attempting to apply changes in hopes of smoothing out the peak and ultimately any future valley in our real estate
What are the changes to mortgage rules?
The Minister of Finance announced changes to 3 areas: 
1. Consistency among Insured Mortgages 2. Tax Fairness 3. Managing Risk
Of these, Consistency Among Insured Mortgages contains the change most relevant to our industry as some consumers will either not qualify at all, or, if they do, it may be for a reduced amount. It applies to borrowers with less than 20% down payment.
For a number of years the government has required lenders to stress test variable rate mortgages and fixed rate mortgages with a term of less than 5 years against a higher benchmark rate. Yesterday the Minister extended this requirement to all insured mortgages, including fixed-rate mortgages with terms of five years and more. Homeowners with an existing insured mortgage or those renewing existing insured mortgages are not affected by this measure.
The stress test requires lenders to qualify lenders at the higher Bank of Canada benchmark rate, currently 4.64%, instead of the contract rate which today could be, say, 2.5% for a five year fixed rate mortgage. With the stress test borrowers may qualify for a smaller loan which in turn will provide a buffer should rates rise in the future.
This measure will come into effect on October 17, 2016
How Will The New Measure Be Applied?
The announced measure will apply to new mortgage insurance applications received on October 17, 2016 or later. This measure will not apply to mortgage loans where, before October 3, 2016: a mortgage insurance application was received; the lender made a legally binding commitment to make the loan; or the borrower entered into a legally binding agreement of purchase and sale for the property against which the loan is secured. Mortgage loans for which mortgage insurance applications are received after October 2, 2016 and before October 17, 2016 are also not affected by the rule change, provided that the mortgage is funded by March 1, 2017. Homeowners with an existing insured mortgage or those renewing existing insured mortgages are not affected by this measure.
How Will This Affect The Market?
We don’t believe this measure will change the nature of our market in the near term as there is extremely low inventory, rates are at historically low levels and the GTA is growing.
Consumers who are on the margins of qualifying for a mortgage will be most affected – many of these will be first time home buyers. It has been estimated that 10% of borrowers may be impacted.
What Should Clients Be Advised?
Clients who are currently approved or pre-approved should always be advised to consult a mortgage broker. It is generally safe to advise clients that if they purchase prior to October 17, 2016, the existing rules will be in effect for them. Agreements of Purchase and Sale that are signed on or after October 17, and mortgage applications that are submitted on or after October 17, will be subject to the new stress test rules.
At this time we do not feel the second and third change will have any effect on the market.
Sep 26

The #1 Selling Real Estate Agent in King West

By Michael Camber | Blog , King West Condos

Michael Camber launched back in the spring of 2003. At the time, the internet was still in it’s infancy and, in many way, so was King West.

Michael’s goal was to create an encyclopedic online resource that people could use to discover the King West condos and neighbourhood he loved so much. quickly became an incredibly popular resource for some of King West’s earliest buildings and established Michael Camber as a popular Realtor for those looking to make the neighbourhood their home.

Today, Michael Camber is the #1 selling real estate agent in the C01 Niagara neighbourhood’s of Liberty Village and King West in both condo units sold and total dollar volume.

Michael provides his seller clients with better exposure, better marketing and a customized approach dedicated to attaining the highest price in the least amount of time. In a neighbourhood saturated with stylish condo units, distinction is the key to success. Michael helps his seller clients stand out from the crowd.

Sara Camber specializes in working with King West condo buyers.

Sara Camber specializes in working with King West condo buyers. Email her at if you are thinking of making a purchase.

For buyers, Michael and his team of dedicated buyer agents will make sure you know of every suitable condo as soon as it hits the market and get you in there first. Once you’ve seen your dream condo you will be armed with the knowledge to make an educated purchase. Informed buyers make smart purchases. Make sure you start with a seasoned and experienced King West Condo real estate agent.

When a move is in your future, call Michael at 416-520-0779 or e-mail

Sep 16

The 3 Most Expensive Condos For Sale in King West Right Now

By Michael Camber | Blog , Featured Listing , King West Condos , King West Lofts

Welcome to our inaugural King West Condo blog post. As we do with some of our other publications:, we will be doing a regular feature on the 3 most impressive condos available for sale. Real estate porn in the best possible sense.

King West is full of jaw-dropping condos. These are our picks for the 3 most impressive and you can actually buy them right now!

224 King St W 4701224 King St W, Suite 4701     $5,475,000

Listed for a mere $5,475,000, this 3,270sqft stunner at the recently completed Theatre Park Condos will literally take your breath away. This penthouse features 4 bedrooms plus a generous library. and a 2,000sqft  south/west facing wrap around terrace. The suite has panoramic vistas of the lake and the city skyline. 11 foot ceilings, custom marble and hardwood throughout. The kitchen was created by famous Italian kitchen designer Scavolini.  Central Vacuum. Top of the line appliances including Wolf stove! There are about $500,000 in upgrades and finishes.


20 Stewart St Ph90120 Stewart St PH901     $3,995,000

It’s almost hard to believe you can find such a marvel of modern architecture in an almost unassuming little loft building on Stewart Street, 20 Stewart Lofts: This luxury penthouse loft has a private rooftop lap pool and a massive garden terrace; The loft is bathed in natural light. This soft loft takes up the entire top floor of 2,83sqft – 2 bedrooms plus library, Double en suite bath plus a 2-piece bathroomB, 11ft ceilings throughout; Direct access private elevator; Custom designed kitchen; and the best part: 1,872sqft of outdoor entertainment area with exceptional views of the city skyline.


55 Stewart St 53955 Stewart St Suite 539     $2,650,000

The highly popular Thompson Hotel condos at 55 Stewart St (also known as 550 Wellington) are known for their prestigious address and namesake hotel but even by those standards, this suite is gorgeous. This one of a kind 4 bed, 2800sqft  family-sized suite will amaze. 2 units architecturally combined with top of the line finishes. The master suite alone is over 700sqft!. The stunning corner layout has 4 balconies overlooking historic Victoria Memorial Park and the city skyline. The flexible layout offers a custom retractable walnut wall that easily converts the 4th bedroom into and open-concept family room. Plus, 3 parking spots!


For more information or to book a viewing of any of these dramatic King West condo condos, contact Michael Camber, salesperson with Royal LePage Signature Realty, at