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    Toronto / Downtown / King West

    625 - 55 Stewart St

    For SaleThe Thompson Residences
    $625,000
    1 Bed
    1 Bath
    0 Parking
    618 SQFT
    1 Day on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $573/mth
    Taxes:
    $3,004 (2024)
    Cost Per Sqft:
    $1,011/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    November 29, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Centre Island, Combined with Dining, O/Looks Dining
    14.14 x 14.37ft
    Living
    Windows Floor to Ceiling, Walkout To Balcony, Combined with Dining
    14.14 x 14.37ft
    Dining
    Combined with Kitchen
    14.14 x 14.37ft

    About this Listing

    Elegant One Bedroom Suite at the 1 Hotel Toronto Residences. Urban living with floor to ceiling windows and 9 FT exposed concrete ceilings creating an airy light -filled space. There is an extra wide balcony with 2 access points, perfect for city views and breezes. The interior is highlighted with new natural stained engineered flooring , a sleek kitchen with full size appliances, and white Corian countertops and a central island. The luxurious bathroom offers a soaker tub and a separate shower. As a resident you also have access to the 1 Hotel Toronto premium amenities including the Gym and Pool. Walking distance to amazing restaurants and shops at the Well and the Waterworks Food Hall and a YMCA too!

    ExtrasExisting Stainless Steel Appliances: (Fridge, Stove, Dishwasher, Microwave, Range Hood), Washer & Dryer, Custom Blinds, Electric Light Fixtures

    sutton group-associates realty inc.MLS® #C10408602

    Amenities

    Rooftop Deck
    Indoor Parking
    Outdoor Pool
    Guest Suites
    Sauna
    Gym Room

    Explore Neighbourhood

    9/10
    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
    The bike lane starts to feel like a second home.

    Similar Listings

    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

    The Thompson Residences vs The King West Area

    Building Trends At The Thompson Residences

    Days on Strata

    Units at The Thompson Residences spend an average of
    34
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    21
    Units were Sold over the past twelve months

    Rented Units

    37
    Units were Rented over the past twelve months

    Best Value Rank

    The Thompson Residences offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    The Thompson Residences has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    The Thompson Residences yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    The Thompson Residences is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 55 Stewart Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$495,000$464,000 - $1,150,000$780,000 - $1,150,000$1,090,000 - $2,389,000$1,183,000 - $1,975,000$1,500,000 - $2,005,000No Data
    Avg. Cost Per Sqft$432$1,114$1,103$1,133$1,061$1,201No Data
    Avg. Wait for Unit Availability268 Days37 Days70 Days106 Days90 Days586 DaysNo Data
    Ratio of Units in Building8%42%20%15%15%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West