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    for rent
    13 Days on Strata
    Est Lease Timeframe:
    31 Days
    $5,700/mth
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
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    Price History


    Property Type:
    Condo
    Possession Date:
    Nov 15
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Enclosed/Solarium
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    South

    Amenities

    Concierge
    Bike Storage
    Gym
    Indoor Pool
    Party Room
    Visitor Parking

    About this Listing

    Experience the best of urban living at the prestigious Festival Tower, a premier residence that puts you right in the heart of the action! This stunning furnished condo offers over 1,000 square feet of thoughtfully designed living space, showcasing breathtaking views of Lake Ontario and the iconic CN Tower from an oversized private balcony. Whether you're enjoying a morning coffee or an evening glass of wine, the dynamic vistas provide the perfect backdrop for any moment. The centerpiece of this home is its spectacular, upgraded gourmet kitchen outfitted with sleek Caesarstone countertops, top-of-the-line stainless steel Miele appliances, and abundant custom cabinetry. It's the perfect space for creating culinary masterpieces or hosting intimate gatherings. The luxurious primary suite is your personal retreat, featuring an expansive walk-in closet and a spa-like ensuite bathroom. Indulge in the comfort of heated floors, a double vanity with elegant finishes, and a beautifully designed shower area that exudes sophistication and comfort. Every detail of the suite has been meticulously curated for ultimate relaxation.This residence is tastefully furnished with carefully selected designer pieces that complement the modern and refined aesthetic of the space. Every room reflects attention to detail, making this condo not only a home but a lifestyle statement. Residents of Festival Tower enjoy an unparalleled, hotel-inspired lifestyle with world-class amenities, including a state-of-the-art fitness centre indoor pool, rooftop terrace, private lounges, and 24-hour concierge service. Additionally, you'll benefit from the unique privileges of living above the TIFF Bell Lightbox, where the excitement of film premieres, cultural events and entertainment are just an elevator ride away. Don't miss the opportunity to live in one of Toronto's most sought-after locations!

    ExtrasWindow Coverings,(Including Custom Blackout Blinds),Custom Built-Ins In Master Bedroom, All Elfs, Water Filtration System In Kitchen, Miele S/S Dw, Fridge, Freezer, Double Wall Oven, Glass Cook Top, Washer/Dryer & Microwave

    right at home realtyMLS® #C12526056

    Utilities & Inclusions

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

    Dimensions


    Living
    20.57 x 13.98ft
    Combined with Dining, hardwood floor, Open Concept
    Dining
    20.57 x 13.98ft
    Combined with Living, hardwood floor, Walkout To Balcony
    Kitchen
    13.88 x 7.61ft
    Breakfast Bar, hardwood floor, Open Concept
    Primary
    15.39 x 9.97ft
    5 Piece Ensuite, Walkout To Balcony, Closet
    2nd Bedroom
    14.47 x 10.89ft
    South View, hardwood floor, Closet

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    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