Property Summary
Formerly the Palace Arms Hotel, 950 King St. W. will be transformed into a dynamic mixed-use apartment community, bringing much-needed rental homes to the City.
The project will redevelop the historic Palace Arms Hotel into a purpose-built market and affordable rental apartment building in Toronto’s vibrant King West neighbourhood, with a focus on heritage commemoration. The project will preserve key elements of the building’s legacy, while delivering 231 rental homes, including 40 affordable units with support by the City of Toronto, to help address the City’s growing demand for secure, long-term housing.
Located directly on the King West TTC line and within walking distance to Liberty Village, Trinity Bellwoods Park, and the Financial District, the site promotes transit-oriented living in one of the City’s most dynamic neighbourhoods. In addition to rental housing, the 17-storey community will feature retail space, outdoor amenity areas, and a range of on-site conveniences including co-working facilities, a fitness centre, parcel lockers, social lounges, and bike storage.
