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    Toronto / Downtown / King West

    PH1023 - 55 Stewart St

    For RentThe Thompson Residences
    $5,600/mth
    2 Beds
    2 Bath
    1 Parking
    1,098 SQFT
    16 Days on Strata
    Est Lease Timeframe
    5 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Yes
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Open Concept, Pot Lights, Hardwood Floor
    19.69 x 15.09ft
    Dining
    Walkout To Balcony, Combined with Living, Hardwood Floor
    19.69 x 15.09ft
    Kitchen
    Centre Island, Stainless Steel Appliances, Hardwood Floor
    7.38 x 15.09ft

    About this Listing

    Beautifully Furnished 2 Bedroom-2 Bath Penthouse in the Private Residences at 55 Stewart St- now part of the new 1 Hotel. Wide, open concept design with huge floor to ceiling windows and 10' exposed concrete ceilings. Fully furnished and equipped including designer furniture, custom lighting, 3 TV's, Sonos Sound and much more! Comfortable Living-Dining Room has sliding glass doors to Private Balcony. Open Kitchen featuring Centre Island, Stainless Steel Appliances and Quartz Counters. Luxurious Primary Suite has King Bed, custom Walk-in Closet and spa inspired Bathroom with Double Sinks. Queen Sized pull out sofa in Bedroom # 2. Hardwood Floors thru out. Balcony with Gas BBQ. New Elte Living Room Sofa in 2020. New Bbq, Washer & Dryer in 2022. Premium parking, Bell internet and Live TV included. Bike Rack in Parking Space. 1 or 2 year lease preferred but may consider shorter term.

    ExtrasAppx 1,100 sq ft + Balcony. 24 Hour Concierge. Includes access to the incredible 1 Hotel Rooftop Pool and newly refurbished Gym. Great restaurants and lounges in the hotel. Easy walk to Parks, King St W, The Well and Farm Boy Market.

    royal lepage real estate services ltd.MLS® #C9295367

    Amenities

    Rooftop Deck
    BBQ
    Outdoor Pool
    Bike Storage
    Gym Room
    Concierge

    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.

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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

    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
    41
    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
    5.4
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 103 condos in the King West area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    The Thompson Residences offers the
    ?
    best value out of 103 condos in the King West neighbourhood

    Appreciation Rank

    The Thompson Residences has the
    ?
    highest ROI out of 103 condos in the King West neighbourhood

    Rental Yield

    The Thompson Residences yields the
    ?
    highest rent prices out of 103 condos in the King West neighbourhood

    High Demand

    The Thompson Residences is the
    ?
    most popular building out of 103 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$870,000 - $1,150,000$1,090,000 - $2,389,000$1,183,000 - $1,975,000No DataNo Data
    Avg. Cost Per Sqft$432$1,127$1,113$1,044$1,061No DataNo Data
    Avg. Wait for Unit Availability268 Days37 Days67 Days107 Days88 Days475 DaysNo Data
    Ratio of Units in Building7%42%20%15%15%2%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West