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    for rent
    25 Days on Strata
    Est Lease Timeframe:
    31 Days
    $2,900/mth
    1 Bed + 1
    1 Bath
    1 Parking
    674 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Property Type:
    Condo
    Possession Date:
    Dec 1
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite
    Locker:
    Owned
    Exposure:
    West

    Amenities

    Concierge
    Guest Suites
    Gym
    Indoor Pool
    Party Room

    About this Listing

    Spacious 1 Bedroom + Den With Parking & Locker at the Luxurious Festival Tower, Heart Of The Entertainment District. Features Premium Finishes & 5-Star Amenities! Unit Is Approx 674 Sf + 119 Sf Balcony! Upgraded Hardwood Floors, Soaring 10 Ft Ceilings, Entertainment Sized Kitchen, Centre Island, Granite Countertop. 24 Hr Concierge. Fabulous Amenities: Cinema, Hot Tub, Saunas, Party Rm, Indoor Pool, Sundeck, and much more. Steps To Shops, Restaurants,& more. Tenanted

    ExtrasExisting appliances; Fridge, Cooktop, Built-in Oven, Built-in Dishwasher, Stacked Washer & Dryer. Existing Electric Light Fixtures & Window Coverings. One Parking & One Locker.

    forest hill real estate inc.MLS® #C12483518

    Utilities & Inclusions

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

    Dimensions


    Living
    13.45 x 10.5ft
    Combined with Dining, South View, Walkout To Balcony
    Dining
    13.45 x 10.5ft
    Combined with Living, Open Concept
    Kitchen
    10.5 x 10.17ft
    Breakfast Bar, Double Sink, Granite Counter
    Primary
    11.42 x 9.42ft
    4 Piece Bath, His/Hers Closets, hardwood floor
    Den
    8.2 x 6.89ft
    Hardwood Floor

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

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    map of location
    View My Travel Time
    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
    Your bike's the trusty steed in this urban jungle — giddy up!


    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%


    Days on Strata

    Units at Festival Tower spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos 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
    5.7
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    56
    Units were Rented over the past twelve months

    Best Value Rank

    Festival Tower offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Festival Tower has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Festival Tower yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Festival Tower is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Festival Tower

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$1,875 - $2,500$2,200 - $2,850$2,500 - $3,400$3,500 - $5,700$3,900 - $4,900$6,300 - $7,000
    Avg. Wait for Unit Availability97 Days31 Days15 Days32 Days40 Days380 Days
    Ratio of Units in Building6%17%40%19%18%2%

    Market Inventory

    Total number of units listed and leased in King West