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    Toronto / Downtown / King West

    718 - 55 Stewart St

    For RentThe Thompson Residences
    $2,700/mth
    Price Cut: $3,000
    1 Bed
    1 Bath
    1 Parking
    647 SQFT
    26 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Walkout To Balcony
    23.49 x 11.75ft
    Dining
    Combined with Living, Hardwood Floor
    23.49 x 11.75ft
    Prim Bdrm
    Linen Closet, Hardwood Floor
    23.49 x 11.75ft

    About this Listing

    Introducing the newly rebranded One Hotel Residences, formerly The Thompson Hotel Residences. This luxurious, sun-filled 647 sq ft unit offers a sophisticated urban lifestyle with one spacious bedroom, a full bathroom, and an open-concept living and dining area framed by floor-to-ceiling windows. The sleek gourmet kitchen boasts stainless steel appliances, Corian countertops, and a center islandperfect for both casual dining and entertaining. Step onto the expansive balcony, which spans the length of the living and dining room. Residents enjoy exclusive access to One Hotels world-class amenities, including 24-hour concierge service, a recently renovated gym, outdoor pool, updated rooftop lounge, BBQ areas, and multiple in-house dining options. Host gatherings in the party or meeting rooms, or take advantage of room service and top-tier security. Located in the vibrant King West area, youre just steps away from the Fashion District, Queen West, Harbourfront, Trinity Bellwoods Park, Billy Bishop Airport, Rogers Centre, and Torontos exciting nightlife.This is luxury living at its finest, in the heart of the citys most dynamic neighborhood. Parking and Locker are included for an extra $300.

    re/max hallmark realty ltd.MLS® #C9383721

    Amenities

    Indoor Parking
    Bike Storage
    Concierge
    Gym Room
    BBQs Allowed
    Party 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.

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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
    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

    22
    Units were Sold over the past twelve months

    Rented Units

    36
    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$1,120$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 leased in King West