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    406 - 38 Stewart St W

    $550,0001 bd1 ba0 pk587 sqft
    11 Days on Strata
    Est Sell Timeframe:
    10 Days
    $550,000
    1 Bed
    1 Bath
    0 Parking
    587 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Maintenance Fees:

    $560/mth

    Taxes:

    $2,918 (2025)

    Cost Per Sqft:

    $937/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    April 30, 2025

    Amenities

    Visitor Parking
    Outdoor Pool
    Rooftop Deck
    Guest Suites
    Party Room
    Gym
    BBQs Allowed
    Bike Storage
    Media Room
    Concierge

    About this Listing

    Welcome to this Thompson Residences Beauty. Spectacular location on King West! Floor to ceiling windows with custom coverings. Sleek Euro kitchen, Scavolini cupboards throughout, including fridge and laundry doors. Ample storage, plus locker. Exposed 9 foot ceilings. One of the largest one bedroom suites in the building and priced under $950 psf. Beautiful engineered hardwood flooring and an absolutely fabulous bathroom with rain shower faucet. great building and a perfect location.

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

    sutton group-admiral realty inc.MLS® #C12074768

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Windows Floor to Ceiling, Open Concept

    17 x 14.99ft

    Dining

    Combined with Living, Laminate

    17 x 14.99ft

    Bedroom

    Sliding Doors, Laminate, Large Closet

    10.99 x 9.02ft

    Kitchen

    10.01 x 4.92ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    7/10
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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%


    Days on Strata

    Units at Thompson Residences spend an average of
    19
    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

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    58th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    77
    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

    Market Insights

    Transaction Insights at Thompson Residences

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$525,000 - $632,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$988No DataNo DataNo Data
    Avg. Wait for Unit Availability863 Days16 Days239 Days92 Days381 Days
    Ratio of Units in Building1%87%2%10%1%

    Market Inventory

    Total number of units listed and sold in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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