Maintenance Fees
Theatre Park vs The King West Area
$2,3001 bd1 ba0 pk440 sqft
For RentTheatre Park
5.0
15 Days on Strata
$2,300/mth
1 Bed
1 Bath
0 Parking
440 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
April 2, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North
Locker:
Owned
Amenities
Party Room
Concierge
BBQs Allowed
Security System
Gym
Rooftop Deck
Outdoor Pool
Car Wash
About this Listing
Welcome to Theatre Park at 224 King St W, located at the corner of King and Simcoe. Unit 1702 is a one-bedroom condo available for immediate lease. Completed in 2016 by Brad Lamb, this building is one of Toronto's most iconic, featuring exposed concrete, a spacious balcony, and a gas stove and BBQ, adding unique charm. Ideally situated near the financial district and a short walk to restaurants, bars, and cafes, this condo offers a functional layout with laminate flooring throughout. Freshly painted and move-in ready, the unit is filled with natural light and boasts high ceilings. The large balcony provides a year-round space to enjoy with a gas BBQ. Building amenities include two entrances (off King and Pearl), 24-hour concierge, gym, outdoor lap pool, and party room. Nearby attractions include the theatre, Roy Thompson Hall, and top-rated restaurants like Byblos and Pai off Duncan. **EXTRAS** Gas stove, fridge, oven, overhead microwave, washer, dryer, gas bbq.
re/max aboutowne realty corp.MLS® #C12056951
Fees & Utilities
Utilities Included
Rent Includes
Building Maintenance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
8.66 x 12.14ft
Dining
Laminate, Combined with Living
8.66 x 12.14ft
Kitchen
Laminate, Built-in Appliances, Quartz Counter
8.66 x 12.14ft
Primary
Laminate, Closet, Sliding Doors
8.69 x 10.34ft
Renter's Market
Balanced
Landlord's Market
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10/10
Walkability
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10/10
Transit
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7/10
Bikeability
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At Theatre Park
Days on Strata
Units at Theatre Park spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 112 condos in the King West area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
52
Units were Rented over the past twelve months
Best Value Rank
Theatre Park offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Theatre Park has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Theatre Park yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Theatre Park is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Theatre Park
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $465,800 | $570,000 | No Data | No Data | No Data | $1,230,000 - $2,200,000 | No Data |
| Avg. Cost Per Sqft | $1,395 | $1,325 | No Data | No Data | No Data | $1,142 | No Data |
| Price Range | $1,900 - $2,100 | $2,250 - $4,000 | $2,600 - $3,125 | $3,000 - $4,900 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 186 Days | 103 Days | 127 Days | 42 Days | No Data | 140 Days | 229 Days |
| Avg. Wait for Unit Availability | 53 Days | 35 Days | 45 Days | 22 Days | No Data | 227 Days | No Data |
| Ratio of Units in Building | 13% | 20% | 18% | 41% | 1% | 8% | 3% |
Market Inventory
Total number of units listed and leased in King West
