For SaleThompson ResidencesEst Sell Timeframe 7 Days
$699,000
2 Beds
2 Bath
0 Parking
800 - 899 SQFT
94 Days on Strata
Listing History
Unit Highlights
Property Type:
Soft Loft
Maintenance Fees:
$655/mth
Taxes:
$3,944 (2023)
Cost Per Sqft:
$778 - $874/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
July 1, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Foyer
Hardwood Floor, Closet, 3 Piece Bath
5.41 x 6.73ft
Kitchen
Galley Kitchen, Hardwood Floor, Built-in Appliances
5.84 x 14.93ft
Living
Walkout To Balcony, Hardwood Floor
10.01 x 14.93ft
About this Listing
Rare Bright 2 Bedroom Suite In The Thompson Residences With Beautiful Finishes, Spacious South Facing Balcony. Great Layout. Executive Suite Located In The Heart Of King West. Steps To Restaurants, Coffee Shops, Entertainment And Shopping. Streetcar At Your Front Door! Great Amenities, Including 24Hr Concierge, Gym, and easy access to the much Renowned Rooftop Restaurant Lavelle with pool.
ExtrasGreat space
keller williams referred urban realtyMLS® #C8457148
Amenities
Media Room
Rooftop Deck
BBQ
Outdoor Pool
Bike Storage
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
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%
Price Trends
Maintenance Fees
Thompson Residences vs The King West Area
Building Trends At Thompson Residences
Days on Strata
Units at Thompson Residences spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
2%
below
the list price.
Offer Competition
Lofts in this building have an
AVERAGEchance 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
-10%
Decrease in property value within the past twelve months
Price Ranking
22nd
Highest price per SQFT out of 103 condos in the King West area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
81
Units were Rented over the past twelve months
Best Value Rank
Thompson Residences offers the best value out of 103 condos in the King West neighbourhood
?
Appreciation Rank
Thompson Residences has the highest ROI out of 103 condos in the King West neighbourhood
?
Rental Yield
Thompson Residences yields the highest rent prices out of 103 condos in the King West neighbourhood
?
High Demand
Thompson Residences is the most popular building out of 103 condos in the King West neighbourhood
?
Transaction Insights at 629 King Street W
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $437,000 - $559,000 | No Data | $802,000 | No Data |
Avg. Cost Per Sqft | No Data | $1,013 | No Data | $995 | No Data |
Price Range | No Data | $2,000 - $4,000 | $3,425 | $3,200 - $4,800 | No Data |
Avg. Wait for Unit Availability | 863 Days | 15 Days | 239 Days | 92 Days | 381 Days |
Avg. Wait for Unit Availability | 365 Days | 5 Days | 459 Days | 64 Days | 304 Days |
Ratio of Units in Building | 1% | 87% | 3% | 10% | 1% |
Transactions vs Inventory
Total number of units listed and sold in King West