Skip to main
    for sale
    2 Days on Strata

    501 - 224 King St W

    Theatre Park5.0
    $659,000
    1 Bed
    1 Bath
    0 Parking
    920 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $819/mth
    Taxes:
    $4,271 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $716/sqft
    Outdoor Space:
    None
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    North

    Amenities

    Concierge
    BBQs Allowed
    Gym
    Security System
    Party Room
    Outdoor Pool
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Spacious 920 sqft Luxury Loft In The Heart Of Entertainment District. 100 Walk Score*** Right Across Roy Thompson Hall!! Spectacular Unit W/ 9 Ft Ceilings, A Modern Cool Space In One Of Toronto's Architectural Gems, Large One Bedroom. Modern Efficient Open Concept! Floor To Ceiling Windows. Lots Of Closet Space. Building Lounge With Walk-Out To Outdoor Swimming Pool, Rooftop Deck. Walk To King W, Financial District, Theatres, , Path, Ttc, Restaurants, Sports Venues. Minutes Drive To Lake, QEW, Union Station, 20 minutes w/UP Express to Pearson Airport.

    homelife/cimerman real estate limitedMLS® #C12565096

    Utilities & Inclusions

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

    Dimensions

    Living
    19 x 14.99ft
    Combined with Dining, North View, hardwood floor
    Dining
    19 x 14.99ft
    Combined with Kitchen, Double Closet, Open Concept
    Kitchen
    19 x 14.99ft
    Combined with Dining, Built-in Appliances, Open Concept
    Bedroom
    15.22 x 8.5ft
    Large Closet, hardwood floor
    Bathroom
    3.28 x 4.92ft
    4 Piece Bath, Ceramic Floor
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    10/10
    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!

    Mortgage Calculator

    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 Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    5.9
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    61
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Theatre Park

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$690,000$850,000 - $1,360,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,140$1,172No DataNo DataNo Data
    Avg. Wait for Unit Availability186 Days111 Days145 Days51 Days774 Days140 Days286 Days
    Ratio of Units in Building14%18%19%41%1%8%3%

    Market Inventory

    Total number of units listed and sold in King West