Price range: From the $300,000s to just under $1-million

Location: King Street East and Victoria Street, Toronto

Construction is about to start at The King Edward Private Residences. The unique condo-hotel adds residential units to the landmark King Edward Hotel, which over the years has acted as a temporary home for the likes of Elizabeth Taylor and The Beatles. ERA Architects is leading the restoration.

Builder/developer King Edward Realty (made up of Dundee Realty, Alex Shnaider, Skyline International Development and Serruya Realty Group)

What’s new The final release of suites has been announced.

Building 18 storeys

Suites Studio to two-bedroom layouts

Size 445 to 1,020 square feet

Occupancy June 2012

Target market Move-up buyers to downsizers

Features Suites will have 10-foot ceilings, deep windowsills, and stone kitchen countertops and backsplashes. Units will also feature balconies, terraces or Juliet balconies depending on the plan.

Amenities Residents will share hotel amenities, including a fitness centre, a business centre, babysitting and laundry.

Standouts The project is close to the financial and entertainment districts.