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    428 - 55 Stewart St

    For SaleThe Thompson Residences
    $1,295,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,207 SQFT
    4 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,265/mth
    Taxes:
    $5,483 (2024)
    Cost Per Sqft:
    $1,073/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    February 28, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Combined with Living
    9.91 x 8.86ft
    Living
    Combined with Kitchen, Walkout To Patio
    14.93 x 18.9ft
    Den
    Built-in Closet, Pot Lights
    16.57 x 10.11ft

    About this Listing

    Live in the heart of it all! Call 55 Stewart St home today! This stunningly remodeled 2-bedroom+ den split floorpan condo combines luxury and functionality, offering a lifestyle of comfort and sophistication. Both spacious bedrooms boast floor-to-ceiling windows, filling the space with natural light. They both feature ensuite bathrooms with soaker tubs and custom vanities for a spa-like retreat. While the primary bedroom features a spacious walk-in closet, the second bedroom has meticulously planned storage solution built-ins to maintain the modern and stylish design. The bonus nook in the second bedroom also serves as an office space which is perfect for work from home, as it is quiet and bright! The open-concept layout includes a multi-purpose den perfect as a sleek dining area, stylish home office, or an extension of the kitchen utilizing the built-in bar and storage area. The updated, custom kitchen is designed for hosting in style - featuring an oversized island, custom cabinetry, and ample storage for all your essentials. Another stand out feature of this condo is that it includes 1 very conveniently located parking spot (3 spots away from the elevator door), and 2 oversized, side-by-side lockers. Located in one of the city's most vibrant neighbourhoods, this is more than a condo it's a statement, in the perfect location.

    ExtrasLiving at The Thompson Residences means having access to world class amenities at 1 Hotel, incl. the luxurious rooftop pool & hotel room service right to your front door! You also have access to the 1 Hotel lounge - which is dog friendly!

    royal lepage signature realtyMLS® #C11942214


    Amenities

    Party Room
    Concierge
    BBQs Allowed
    Indoor Parking
    Sauna
    Outdoor Pool

    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%

    Maintenance Fees

    The Thompson Residences vs The King West Area

    Days on Strata

    Units at The Thompson Residences spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos 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
    5.3
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    The Thompson Residences offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

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

    Rental Yield

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

    High Demand

    The Thompson Residences is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 55 Stewart Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$495,000$600,000 - $1,150,000$780,000 - $1,150,000$1,090,000 - $2,389,000$1,183,000 - $1,975,000$2,005,000No Data
    Avg. Cost Per Sqft$432$1,103$1,131$1,128$1,105$1,210No Data
    Avg. Wait for Unit Availability268 Days36 Days71 Days107 Days86 Days976 DaysNo Data
    Ratio of Units in Building8%43%19%15%15%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West