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    Toronto / Downtown / King West

    509 - 38 Stewart St

    For RentThompson Residences
    $2,300/mth
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    1 Day on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Look no further!! The perfect opportunity to live in a one-of-a-kind hotel inspired residences in the heart of King St W. This meticulously kept junior 1 bedroom loft inspired condo is available for immediate occupancy. This condo features engineered hardwood flooring, granite counters + a chic, updated kitchen & exposed concrete ceilings for that true loft feel! Boasting an impressive walk score of 98, everything you need is right outside your doorstep - TTC, exquisite dining, vibrant nightlife and so much more. Ideally located near the Financial District, Queen West, parks, shops, and grocery stores. The Thompson Residence offers unmatched convenience. Enjoy top-notch amenities as a resident, including 24-hour concierge, and a fully equipped gym. In the heart of the dynamic King West neighbourhood, this is more than just a place to live - it's a lifestyle!

    red house realtyMLS® #C12015901

    Amenities

    Outdoor Pool
    Party Room
    Guest Suites
    Media Room
    Visitor Parking
    Rooftop Deck

    Explore Neighbourhood

    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.

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    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%

    Price Trends

    Maintenance Fees

    Thompson Residences vs The King West Area

    Building Trends At Thompson Residences

    Days on Strata

    Units at Thompson Residences spend an average of
    24
    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

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

    Price Ranking

    42nd
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    6
    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 112 condos in the King West neighbourhood

    Appreciation Rank

    Thompson Residences has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Thompson Residences yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Thompson Residences is the
    ?
    most popular building out of 112 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 DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,039No DataNo DataNo Data
    Avg. Wait for Unit Availability863 Days15 Days239 Days92 Days381 Days
    Ratio of Units in Building1%87%2%10%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West