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    Theatre Park
    by Lamb Development Corp.

    224 King Street W

    7for Sale
    4for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    47
    Number of Units:
    234
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    326 - 3,270 SQFT
    Unit Availability:
    Low
    Property Management:
    Crossbridge Condominium Services Ltd.

    Listing History for Theatre Park

    Amenities

    Gym Room
    Rooftop Deck
    Concierge
    Party Room
    BBQ
    Car Wash

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 224 King Street WTheatre Park

    Standing 47 storeys tall at 224 King St W, Theatre Park is a modern condo in the King West neighbourhood, and if you’re thinking this is just another faceless glass tower, think again, because Theatre Park is anything but ordinary. The tower rises above a facade of angled glass window panes — reminiscent of a movie screen; criss-crossing beams extend to the top of the building along the sides of the tower, giving the building a one of a kind appearance.

    Residents of 224 King St W get some great amenities to go with their suites — pool, party room, meeting room, shared rooftop deck and gardens, restaurant, security guard, and concierge. While not considered an amenity, Theatre Park is located next door to the Royal Alexandra Theatre, so fans of the performing arts are sure to be thrilled.

    With such a great location, and a wide array of layouts at different price points, this building is well suited to all condo buyers — though with the youthful vibe of King West, young professionals might feel most at home.

    The Suites

    This building is home to 234 suites, ranging in size from 329 square feet to 3270 square feet. Units are available in 1 bedroom, 1 bedroom + den, 2 bedroom, 2 bedroom + den, and 3 bedroom layouts. As well, there’s a penthouse collection, a sky penthouse collection, and a 3 bedroom + den + library penthouse on the top floor.

    All suites have executive finishes like hardwood floors in living spaces, porcelain tiles in bathrooms, deep soaker tubs, 9 and 10 foot ceilings, floor to ceiling windows, European style cabinets, granite countertops, private balconies, and stainless steel appliances.

    If you’re fortunate enough to land a Toronto condo for sale in this building, then you have a vibrant neighbourhood full of excitement just beyond your front door. Whether its food, fun, nightlife, or urban convenience that you seek, you’ll find it in King West.

    The Neighbourhood

    Beyond the Royal Alexandra Theatre, there are countless attractions nearby; there’s the Roy Thomson Hall where you can see the Toronto Symphony Orchestra, and Canada's Walk Of Fame is on the corner of King and Simcoe. Fans of TIFF will only need to walk a few minutes for a celebrity sighting, and if you walk south, there’s the Rogers Centre, CN Tower, Ripley’s Aquarium of Canada, and Toronto’s best attractions.

    Foodies can challenge their taste buds without straying far from home — El Caballito Tequila Bar is just next door for Mexican, and Lee Chen Asian Bistro, IL FORNELLO, Elephant & Castle, Shoeless Joe's Sports Grill, and Byblos are less than 2 blocks away. And if that’s not enough to satisfy your hunger, you can head in any direction for a diverse selection of restaurants.

    For nightlife, there’s something to suit any style; if your feeling classy you can go to the Town Crier for imported beers in an old-time lounge, or if you just want a drink and nachos then Roxy on King has you covered. Music fans can head to the Antler Room for local talent, or Scotiabank Arena for big acts. And if it’s a lively dance floor that you crave — there’s Maison Mercer, Tequila Jacks Toronto, Cake Bar & Nightclub, The Fifth Social Club, and many more.

    Transportation

    224 King St W boasts a 100 Walk Score — gone are the days of running errands in a vehicle or stuffing yourself into a streetcar with handfuls of grocery bags; speaking of groceries, there’s a Rabba Fine Foods just minutes away on Simcoe and it’s definitely faster to walk there.

    Public transit riders have east and westbound streetcars right outside their front door on King, and St. Andrew Station is roughly a 3 minute walk if you need subway lines.

    There’s no sugar coating this truth — driving in this part of town isn’t much fun, but car owners can avoid most downtown Toronto traffic by heading south on York Street for the Gardiner Expressway.

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    Nearby Amenities

    10/10
    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    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
    $65,079
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $106,981
    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
    Mandarin
    9%
    Cantonese
    6%
    Tamil
    1%
    English
    39%
    Indigenous Language
    32%
    Other
    13%
    Education
    High School
    21%
    Apprenticeship
    2%
    University and Above
    43%
    College
    15%
    University Below Batchelor
    3%
    None
    13%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    18%
    Humanities
    6%
    Physical Sciences
    5%
    Math & Computer Sciences
    9%
    Social Sciences
    10%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    25%

    Price Trends

    Building Trends At Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    27
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    35
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$428,025 - $460,000$575,000$732,500$2,200,000No Data$1,655,000 - $1,725,000No Data
    Avg. Cost Per Sqft$1,320$1,383$1,221$1,654No Data$1,293No Data
    Avg. Wait for Unit Availability189 Days95 Days122 Days41 Days281 Days162 Days229 Days
    Ratio of Units in Building13%19%19%41%1%7%3%

    Maintenance Fees

    Theatre Park vs The King West Area

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