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    Toronto / Downtown / King West

    1702 - 224 King St W

    For RentTheatre Park
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    438 SQFT
    2 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 23, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    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

    About this Listing

    Welcome to Theatre Park at 224 King St W at the corner of King and Simcoe. Unit 1702 is a one bed condo available for lease immediately. Built by Brad Lamb in 2016, this is one of the most iconic buildings in Toronto. The exposed concrete, large balcony, gas stove and gas bbq make this one of the most unique buildings in the city. If you want to be close to the financial district and close to restaurants, bars and cafes - this is the address for you. This condo is a super functional layout with laminate flooring throughout. Freshly painted this condo is move in ready! The balcony is huge and a space in itself to be enjoyed year round with a gas bbq. High ceilings with exposed concrete along with tons of natural light, make this condo a great place to call home. The building has 2 entrances (off King and Pearl), 24 hours concierge, gym, outdoor lap pool, party room. The location is close to the theatre, Roy Thompson Hall, excellent restaurants including Byblos and Pai off Duncan. Call 224 King your new address for 2025 and schedule a showing!

    ExtrasGas stove, fridge, oven, overhead microwave, washer, dryer, gas bbq.

    re/max aboutowne realty corp.MLS® #C11900106

    Amenities

    Concierge
    Car Wash
    Gym Room
    Security System
    BBQs Allowed
    Outdoor Pool

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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%

    Price Trends

    Maintenance Fees

    Theatre Park vs The King West Area

    Building Trends At Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    37
    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
    LOW
    chance 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 again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$465,800 - $470,000$570,000No DataNo DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,422$1,331No DataNo DataNo Data$1,182No Data
    Avg. Wait for Unit Availability189 Days109 Days122 Days41 Days774 Days140 Days286 Days
    Ratio of Units in Building13%18%19%41%1%8%3%

    Transactions vs Inventory

    Total number of units listed and leased in King West