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    629 King Street W & 38 Stewart Street & 621 King Street W

    Thompson Residences
    6for Sale
    14for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    12
    Number of Units:
    314
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    372 - 2,220 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Thompson Residences

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    Amenities

    Concierge
    Outdoor Pool
    Bike Storage
    BBQs Allowed
    Rooftop Deck
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 629 King Street 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.

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    6

    Listings For Sale

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    14

    Listings For Rent

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    Explore King West

    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.

    Similar lofts

    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%

    Maintenance Fees

    Thompson Residences vs The King West Area

    Days on Strata

    Units at Thompson Residences spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    45th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    79
    Units were Rented over the past twelve months

    Best Value Rank

    Thompson Residences offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Thompson Residences has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Thompson Residences yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Thompson Residences is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 629 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$437,000 - $632,000No Data$802,000No Data
    Avg. Cost Per SqftNo Data$1,019No Data$995No Data
    Avg. Wait for Unit Availability863 Days15 Days239 Days92 Days381 Days
    Ratio of Units in Building1%87%3%10%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West