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    Toronto / Downtown / King West

    116 - 55 Stewart St

    For RentThe Thompson Residences
    $5,000/mth
    2 Beds + 1
    3 Bath
    1 Parking
    1,600 SQFT
    2 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    Short Term
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    Yes
    Exposure:
    South
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Patio, Led Lighting
    12.8 x 27.69ft
    Dining
    Hardwood Floor, Pot Lights
    12.8 x 27.69ft
    Kitchen
    Open Concept, Stainless Steel Appliances, Pot Lights
    12.01 x 9.61ft

    About this Listing

    Beautiful Spacious 2-Storey, 2 Bdrm + Den Loft At The 1 Hotel Residence. Located In The Heart Of Toronto's Vibrant King West Neighbourhood. Walking distance to many coffee shops, restaurants, shops and services. Features Incredible Designer Finishes Throughout, With An Upgraded Modern Kitchen Including Grand Stone Island, Led Lighting Throughout, Tv And Speakers In Shower, Gleaming Hardwood Floors And Soaring 10Ft Ceilings. Enjoy 1 Hotel amenities including the state of the art gym and roof-top pool with stunning views of the city. Relax on your private patio with views of the tranquil reflection pool. Available furnished.

    ExtrasWindow coverings, Colour changing LED lights throughout. Parking spot and locker.

    century 21 people`s choice realty inc.MLS® #C11915671

    Amenities

    Bike Storage
    Guest Suites
    Gym Room
    Party Room
    BBQs Allowed
    Sauna

    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
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    The Thompson Residences offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    The Thompson Residences has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    The Thompson Residences yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    The Thompson Residences is the
    ?
    most popular building out of 112 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$600,000 - $1,150,000$780,000 - $1,150,000$1,090,000 - $2,389,000$1,183,000 - $1,975,000$2,005,000No Data
    Avg. Cost Per Sqft$432$1,098$1,131$1,133$1,105$1,210No Data
    Avg. Wait for Unit Availability268 Days36 Days71 Days107 Days86 Days976 DaysNo Data
    Ratio of Units in Building8%43%19%15%15%2%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West