Theatre Park
3Listings for Salefor Sale
7Listings for Rentfor Rent
224 King St W
Theatre Park
224 King St Wexpand addresses list
    3Listings for Salefor Sale
    7Listings for Rentfor Rent
    Walk Score
    100
    Transit Score
    100
    Bike Score
    75
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Lamb Development Corp.
    Condo Completion
    2015
    Property Management
    Summerhill Property Management
    Unit Size Range
    326 - 3270 SQFT
    Number of Units
    234
    Number of Storeys
    47

    224 King St W, Toronto

    About this condo

    Condo Overview

    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.

    3

    Listings For Sale

    Interested in receiving new listings for sale?

    7

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Security System
    Outdoor Pool
    Concierge
    Rooftop Deck/Garden
    Gym
    BBQ
    Party/Meeting Room

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Theatre Park vs The King West Area

    $259.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Theatre Park's Avg
    price per SQFT
    $1,289
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,030
    / SQFT

    Building Trends At Theatre Park

    Days on Market

    Units at Theatre Park spend an average of
    21
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 91 condos in the King West area

    Sold Units

    29
    Units were Sold over the past twelve months

    Rented Units

    64
    Units were Rented over the past twelve months

    Best Value

    Theatre Park offers the
    ?
    best value out of 91 condos in the King West neighbourhood

    Return on Investment

    Theatre Park has the
    ?
    highest ROI out of 91 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 91 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 91 condos in the King West neighbourhood

    Sales vs Rental Values For This Condo

    Studio332 - 450 SQFT
    Average Cost Per Sqft$1,275
    Sales Price Range$432,000 - $440,000
    Rental Price Range$1,300 - $1,750
    1 Bed400 - 920 SQFT
    Average Cost Per Sqft$1,173
    Sales Price Range$567,500 - $742,000
    Rental Price Range$1,595 - $2,500
    1 Bed + Den615 - 700 SQFT
    Average Cost Per Sqft$1,235
    Sales Price Range$730,000 - $876,000
    Rental Price Range$2,000 - $2,650
    2 Bed806 - 1145 SQFT
    Average Cost Per Sqft$1,294
    Sales Price Range$895,000 - $1,595,000
    Rental Price Range$2,600 - $4,500
    3 Bed1360 - 2000 SQFT
    Average Cost Per Sqft$1,341
    Sales Price Range$1,780,000 - $2,525,000
    Rental Price Range$5,300 - $5,300

    How Often Are Units Listed?

    Studio326 - 450 SQFT
    Average Sales Availability
    Every157Days
    Average Rental Availability
    Every42Days
    Ratio of Unit Type in Building14%
    1 Bed400 - 920 SQFT
    Average Sales Availability
    Every84Days
    Average Rental Availability
    Every32Days
    Ratio of Unit Type in Building20%
    1 Bed + Den611 - 762 SQFT
    Average Sales Availability
    Every116Days
    Average Rental Availability
    Every37Days
    Ratio of Unit Type in Building18%
    2 Bed806 - 1145 SQFT
    Average Sales Availability
    Every53Days
    Average Rental Availability
    Every20Days
    Ratio of Unit Type in Building41%
    2 Bed + Den1375 - 2480 SQFT
    Average Sales Availability
    Every274Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building2%
    3 Bed1140 - 2000 SQFT
    Average Sales Availability
    Every260Days
    Average Rental Availability
    Every231Days
    Ratio of Unit Type in Building7%
    3 Bed + Den2480 - 3270 SQFT
    Average Sales Availability
    Every514Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building3%

    Maintenance Fees
    Theatre Park vs The King West Area

    $0.04
    Less Expensive
    per SQFT compared to the neighbourhood average
    Theatre Park's Avg
    monthly maintenance
    fee per SQFT
    $0.68
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.72
    / SQFT

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