Maintenance Fees
Festival Tower vs The King West Area
$1,999,0002 bds2 ba1 pk1,491 sqft
For SaleFestival Tower
5.0
9 Days on Strata
$1,999,000
2 Beds + 1
2 Bath
1 Parking
1,491 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$1,651/mth
Taxes:
$4,374 (2024)
Cost Per Sqft:
$1,341/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
July 1, 2025
Laundry:
Main
Amenities
BBQs Allowed
Gym
Games Room
Business Centre
Rooftop Deck
Party Room
Concierge
Media Room
Indoor Parking
Sauna
Guest Suites
Indoor Pool
Visitor Parking
Rec Room
About this Listing
Welcome to your dream condo in the vibrant Entertainment District! This exquisite 2-bedroom, 2-full-bath residence offers breathtaking south-facing views of the iconic Rogers Centre and the CN Tower, along with serene water vistas that will captivate anyone who steps inside. Recently renovated in 2021, this home boasts top-of-the-line finishes, including elegant Cambria countertops crafted from exquisite stone imported from Italy and Spain. Every detail has been thoughtfully designed to blend luxury and comfort, making this space perfect for both entertaining and relaxation. Located in the prestigious TIFF Tower, residents enjoy unparalleled amenities that enhance the urban lifestyle. Indulge in the spa and indoor pool, host gatherings on the rooftop BBQ garden, or stay fit in the state-of-the-art gym. With everything at your fingertips, you'll relish the convenience and luxury of downtown living. Experience the best of Toronto from this stunning condowhere modern elegance meets spectacular views in one of the citys most sought-after locations. Dont miss the opportunity to call this incredible space home!
property.ca inc.MLS® #C12070594
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Kitchen
13.91 x 9.61ft
Living
13.91 x 17.82ft
Dining
6.99 x 18.31ft
Foyer
6.4 x 8.79ft
Primary
20.8 x 27.2ft
2nd Bedroom
8.5 x 14.08ft
Other
5.87 x 9.09ft
Buyer's Market
Balanced
Seller's Market
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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 Festival Tower
Days on Strata
Units at Festival Tower spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
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
5.9
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
17th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
59
Units were Rented over the past twelve months
Best Value Rank
Festival Tower offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Festival Tower has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Festival Tower yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Festival Tower is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Festival Tower
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $537,000 | $618,000 - $715,000 | $1,490,000 - $1,500,000 | $1,140,000 | $2,281,000 |
| Avg. Cost Per Sqft | No Data | $999 | $1,087 | $1,272 | $919 | $1,277 |
| Price Range | $1,875 - $2,400 | $2,200 - $2,650 | $2,300 - $3,200 | $3,500 - $5,700 | $3,700 - $4,300 | $6,300 - $6,500 |
| Avg. Wait for Unit Availability | 262 Days | 131 Days | 34 Days | 67 Days | 51 Days | 499 Days |
| Avg. Wait for Unit Availability | 103 Days | 32 Days | 15 Days | 32 Days | 38 Days | 399 Days |
| Ratio of Units in Building | 6% | 17% | 40% | 19% | 19% | 2% |
Market Inventory
Total number of units listed and sold in King West
