pin_buy22 Leader Ln & 37 King St E
4Listings for Salefor Sale
4Listings for Rentfor Rent
building_buyKing Edward Private Residences
building_buyKing Edward Private Residences
4Listings for Salefor Sale
4Listings for Rentfor Rent
Walkability
10/10
Transit
10/10
Bikeability
8/10
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Average
Property Type
Condo
Developer
Dundee Kilmer Developments
Condo Completion
2013
Property Management
Crossbridge Condominium Services Ltd.
Unit Size Range
313 - 1200 SQFT
Number of Units
143
Number of Storeys
4

22 Leader Ln, Toronto

About this condo

Condo Overview

With a long history of hosting luminaries, beloved authors, and stars like the Beatles, Ernest Hemingway and Britney Spears, a portion of this landmark hotel has become the King Edward Private Residences, following a change of ownership to King Edward Realty and development by Dundee Kilmer. At 37 King Street East and 22 Leader Lane, these downtown Toronto condos are unique opportunities for prospective homeowners to live luxuriously in a culturally significant building.

Built in 1903 by George Gooderham, the building’s French Renaissance-style architecture was originally designed by Henry Ives Cobb and E.J. Lennox. After many different owners, which included a restoration project by Stanford Downey in 1979, 37 King East and 22 Leader Lane’s revitalization into the Omni King Edward Hotel and Private Residences was completed in 2013.

ERA Architects were specially chosen for this project for their expertise in renovations of heritage buildings. They carefully transformed the hotel’s third, fourth and fifth floors into condominiums. In doing so, they modernized these spaces with state-of-the-art hardware and materials, while still preserving the King Edward’s ornate beauty and classical charm.

Finally, since much of 37 King East and 22 Leader remains the Omni King Edward Hotel, it’s no hyperbole when we say residents enjoy luxury, hotel-quality amenities like 24-hour concierge and valet services, a fitness centre, a spa, and on site housekeeping services. They even have access to the Omni King Edward’s Royal Club Lounge.

The Suites

Attracting a variety of residents, there are 143 Toronto condos in total, consisting of a variety of floor plans. They range from studios to one and two bedroom units, with the option of a den as well. While they range in size from approximately 350 to 1,800 square feet, all Toronto condos for sale in this building feel grand, and not just for their cultural significance nor their smart floor plans – but also thanks to their views of the 37 King East and 22 Leader’s beautiful courtyard and gardens.

Appointed by the Design Agency, an award-winning Canadian firm, all of the King Edward Private Residences’ suites are luxurious, featuring brilliant classic design elements as well as state-of-the-art appliances. The richness of the site’s historic architecture resounds throughout. The aesthetic of these homes is elegant and understated, attentive to the details which made this such a sought-after hotel.

As expected of a luxury hotel, the suites’ bathrooms are lavish. There are expansive showers and soaker tubs, as per plan, which treat residents like royalty.

The Neighbourhood

The King Edward Private Residences are condos with an enviable location in the St. Lawrence Market neighbourhood. Removed enough from the crowds, residents feel like they’re in an exclusive area, just off serene Victoria Street. But really they’re right in the middle of the city’s most sophisticated restaurants and attractions.

Many great actors and entertainers have chosen to stay at 37 King East and 22 Leader since they’re so close to their performance venues. The Sony Centre for Performing Arts, the Elgin and Winter Garden Theatre Centre and Massey Hall are all a short walk away.

Additionally, the King Edward Private Residences are around the corner from the St. Lawrence Market at Front Street and Jarvis. There, residents can get their groceries from their pick of vendors. Afterwards, picking up a bottle of wine to match their meal is as easy as popping by the LCBO next door. These condos don’t just offer a luxury: it’s also easy to live here, being so close to everything residents need or want.

Transportation

The building is a block from the closest subway station at King and Yonge. Offering subway service on the Yonge-University-Spadina line, residents can use this hub to travel throughout the city with ease.

Alternatively, the 504 King Streetcar stops right in front of the building at Victoria Street. It takes riders east and west through to the city, to neighbourhoods like Distillery District, the Entertainment District and Liberty Village.

Those who prefer to drive may find that traffic in the area can sometimes be busy — that’s what happens when one lives in one of city’s most well-established areas. Though, they can easily get their trips on the fast-track since the highway is not far off: drivers need only head a few minutes south on Yonge to access the Gardiner Expressway.

4

Listings For Sale

4

Listings For Rent

Interested in receiving new listings for rent?

Amenities

Visitor Parking
Recreation Room
Party/Meeting Room
Security System
Bike Storage
Business Centre
Media Room
Concierge
Gym
Sauna
Guest Suites

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
King Edward Private Residences vs The St. Lawrence Area

$89.00
More Expensive
per SQFT compared to the neighbourhood average
King Edward Private Residences's Avg
price per SQFT
$1,150
/ SQFT
Neighbourhood Avg
price per SQFT
$1,061
/ SQFT

Building Trends At King Edward Private Residences

Days on Market

Units at King Edward Private Residences spend an average of
32
Days on Market
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

Turnover of Units

On average, each unit is owned for
5.4
YEARS before being sold again

Property Value

12%
Increase in property value within the past twelve months

Price Ranking

20th
Highest price per SQFT out of 64 condos in the St. Lawrence area

Sold Units

14
Units were Sold over the past twelve months

Rented Units

29
Units were Rented over the past twelve months

Best Value

King Edward Private Residences offers the
?
best value out of 64 condos in the St. Lawrence neighbourhood

Return on Investment

King Edward Private Residences has the
?
highest ROI out of 64 condos in the St. Lawrence neighbourhood

Rental Yield

King Edward Private Residences yields the
?
highest rent prices out of 64 condos in the St. Lawrence neighbourhood

High Demand

King Edward Private Residences is the
?
most popular building out of 64 condos in the St. Lawrence neighbourhood

Sales vs Rental Values For This Condo

Studio346 - 346 SQFT
Average Cost Per Sqft$1,239
Sales Price Range$422,000 - $422,000
Rental Price Range$1,750 - $1,850
1 Bed371 - 700 SQFT
Average Cost Per Sqft$1,106
Sales Price Range$530,000 - $650,000
Rental Price Range$1,800 - $3,000
1 Bed + Den543 - 750 SQFT
Average Cost Per Sqft$905
Sales Price Range$656,000 - $656,000
Rental Price Range$1,600 - $2,500
2 Bed850 - 1020 SQFT
Average Cost Per Sqft$1,086
Sales Price Range$860,000 - $1,286,000
Rental Price Range$2,250 - $3,000

How Often Are Units Listed?

Studio313 - 470 SQFT
Average Sales Availability
Every233Days
Average Rental Availability
Every295Days
Ratio of Unit Type in Building5%
1 Bed343 - 700 SQFT
Average Sales Availability
Every35Days
Average Rental Availability
Every19Days
Ratio of Unit Type in Building69%
1 Bed + Den465 - 900 SQFT
Average Sales Availability
Every140Days
Average Rental Availability
Every101Days
Ratio of Unit Type in Building17%
2 Bed700 - 1200 SQFT
Average Sales Availability
Every195Days
Average Rental Availability
Every83Days
Ratio of Unit Type in Building12%

Maintenance Fees
King Edward Private Residences vs The St. Lawrence Area

$0.35
More Expensive
per SQFT compared to the neighbourhood average
King Edward Private Residences's Avg
monthly maintenance
fee per SQFT
$1.17
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.82
/ SQFT

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