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    Thompson Residences
    by Freed Developments

    629 King St W & 38 Stewart St & 621 King St W

    4for Sale
    15for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    12
    Number of Units:
    314
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    361 - 2220 SQFT
    Unit Availability:
    High
    Property Management:
    Elite Property Management

    Amenities

    Gym Room
    BBQ
    Outdoor Pool
    Bike Storage
    Media Room
    Rooftop Deck

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 629 King St WThompson Residences

    It doesn’t get more luxurious than living in an actual hotel. But if that seems a bit out of reach, there’s always the Thompson Residences, which offers its owners an equally lavish lifestyle. These homes, located at 621 King Street West, 629 King Street West, & 38 Stewart Street, are not only affiliated with the Thompson Hotel itself, but residents can also treat themselves to use of its amenities.

    Speaking of amenities, we won’t make you wait to read them later on. The Thompson Residences are fully equipped with modern fitness facilities that include a gym and yoga studio, as well as a corridor between the buildings that makes a great place for a walk. A concierge is also available to assist residents and their guests 24 hours a day. These, however, are just the amenities located within the residence buildings.

    Additionally, homeowners who call 621 King Street West, 629 King West, or 38 Stewart Street home can make use of the Thompson Hotel’s facilities. Just steps from any of these three buildings are the hotel’s rooftop bar and lounge, which also happens to be outfitted with a pretty opulent infinity pool. Other perks for those living in building include the option to employ room service, laundry, or housekeeping services from the hotel, while some might make frequent use of the 24-hour diner on the premises as well.

    Peter Freed, the man behind 629 King St West, & 38 Stewart Street, and the Thompson Hotel, is also to thank for impressive buildings around the city like Sixty Colborne and 150 Redpath Condos & 155 Redpath. Freed has quite the reputation for both excellence and elegance, and these homes are no exception. The glass-clad façade fits nicely within Toronto’s downtown core, while offset balconies place the style a cut above the rest.

    The Suites

    There’s nothing traditional about the homes at the Thompson Residences. Instead, the suites at 629 King West & 38 Stewart Street boast updated appliances, fresh bathroom furnishings, and the lustrous look of engineered hardwood flooring.

    While those hunting for grit and industrial charm in their search for a Toronto loft might need to look elsewhere, the elegance of the condo will certainly appeal to others. Still, these homes can be classified as soft lofts, as they have just enough of the quintessential elements to satisfy loft-lovers alike. Living spaces are designed in an open-concept fashion, with rooms divided by swinging or sliding glass doors. Ceiling heights are generous, reaching to 9 or 10 feet depending on the home. Exposed concrete covers these ceilings—or is left exposed, to put it another way.

    In terms of size, the Thompson Residences are also ready and waiting to suit any need. The 400 square foot units make ideal starter homes for young couples or single professionals, while sizeable families who are seeking King West condos for sale will be more than comfortable in the more substantial, 2,000 square foot homes.

    The Neighbourhood

    With addresses nearby to the major intersection of King and Bathurst, residents are truly living in style. This area, known as the Fashion District, never fails to live up to its name.

    Although the neighbourhood is in fact known as the Fashion District for formerly hosting textile factories, today King West neighbourhood is one of the most chic spots in the city. Boutiques and independent art galleries make for great daytime activities, while the area really becomes lively once the sun goes down.

    Entertainment is abundant in the area as well. Residents are within walking distance of venues like Roy Thompson Hall, the TIFF Bell Lightbox, and the Princess of Wales Theatre.

    Also within reach are areas like the Entertainment District, Kensington Market, Chinatown, and the Harbourfront.

    Transportation

    As previously mentioned, King and Bathurst is just steps away. What this means for travel is something quite spectacular. King streetcars run east and west, carrying passengers toward the Yonge-University-Spadina line 24-hours a day. Bathurst streetcars also operate 24/7, allowing for north-south travel no matter the time of day.

    The Bathurst streetcar will even land residents at Billy Bishop Toronto City Airport in under 10 minutes, while those traveling extremely light can even make the 30 minute journey on foot. Drivers will also take advantage of both Bathurst and King streets, as well as the Gardiner Expressway, which can be accessed via Bathurst.

    Listing History for Thompson Residences

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    15

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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.

    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 Trend

    Average price of units sold in King West

    Building Trends At Thompson Residences

    Days on Strata

    Units at Thompson Residences spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    40th
    Highest price per SQFT out of 96 condos in the King West area

    Sold Units

    24
    Units were Sold over the past twelve months

    Rented Units

    76
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    Studio400 - 400 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$2,300 - $2,300
    1 Bed400 - 1016 SQFT
    Average Cost Per Sqft$1,117
    Sales Price Range$445,000 - $818,000
    Rental Price Range$2,150 - $4,000
    1 Bed + Den849 - 849 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$3,425 - $3,425
    2 Bed874 - 1128 SQFT
    Average Cost Per Sqft$995
    Sales Price Range$802,000 - $802,000
    Rental Price Range$3,390 - $4,800

    How Often Are Units Listed?

    Studio361 - 416 SQFT
    Average Sales Availability
    Every863Days
    Average Rental Availability
    Every365Days
    Ratio of Unit Type in Building1%
    1 Bed373 - 1800 SQFT
    Average Sales Availability
    Every15Days
    Average Rental Availability
    Every5Days
    Ratio of Unit Type in Building87%
    1 Bed + Den665 - 1371 SQFT
    Average Sales Availability
    Every273Days
    Average Rental Availability
    Every688Days
    Ratio of Unit Type in Building2%
    2 Bed615 - 2220 SQFT
    Average Sales Availability
    Every89Days
    Average Rental Availability
    Every62Days
    Ratio of Unit Type in Building10%
    2 Bed + Den1238 - 1490 SQFT
    Average Sales Availability
    Every381Days
    Average Rental Availability
    Every304Days
    Ratio of Unit Type in Building1%

    Maintenance Fees

    Thompson Residences vs The King West Area
    Thompson Residences's Avg
    monthly maintenance fee
    $0.78 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.84 / SQFT

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