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    for sale
    37 Days on Strata

    406 - 38 Stewart St

    Thompson Residences4.0
    $515,000
    1 Bed
    1 Bath
    0 Parking
    587 SQFT
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    Price History

    Maintenance Fees:
    $560/mth
    Taxes:
    $2,918 (2025)
    Property Type:
    Soft Loft
    Cost Per Sqft:
    $877/sqft
    Outdoor Space:
    None
    Locker:
    Exclusive
    Possession Date:
    TBD
    Exposure:
    North

    Amenities

    Concierge
    Gym
    Visitor Parking

    About this Listing

    Welcome to Unit 406 at the Thompson Residences, ideally situated in the heart of Toronto's iconic King West neighbourhood. This boutique one-bedroom suite is the perfect opportunity for a first-time buyer or investor looking for style, space, and location. One of the largest one-bedroom layouts in the building, it offers 583 square feet of functional living space with floor-to-ceiling windows and custom coverings, a sleek Scavolini kitchen with Euro-style appliances, exposed 9-foot concrete ceilings, beautiful engineered hardwood flooring, and a spa-inspired bathroom with a rain shower. Ample in-suite storage and a dedicated locker provide practical convenience. The open-concept living and dining area is ideal for both everyday living and entertaining. Steps to top restaurants, shopping, parks, and transit, this suite is perfectly positioned to experience everything Toronto has to offer. Priced to sell, don't miss this opportunity!

    ExtrasBuilt in fridge, stove , dishwasher, washer, dryer, window coverings, existing light fixtures.

    royal lepage signature realtyMLS® #C12469009

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    17 x 14.99ft
    Combined with Dining, Windows Floor to Ceiling, Open Concept
    Kitchen
    10.01 x 4.92ft
    Built-in Appliances, Granite Counter, Combined with Library
    Primary
    10.99 x 9.02ft
    Large Closet, Laminate
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    map of location
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    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%

    Building Trends At Thompson Residences

    Days on Strata

    Units at Thompson Residences spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    68th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    89
    Units were Rented over the past twelve months

    Best Value Rank

    Thompson Residences offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Thompson Residences has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Thompson Residences yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Thompson Residences is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Thompson Residences

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$375,000 - $437,500No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$835No DataNo DataNo Data
    Avg. Wait for Unit Availability863 Days17 Days239 Days92 Days381 Days
    Ratio of Units in Building1%87%3%10%1%

    Market Inventory

    Total number of units listed and sold in King West