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    Toronto / Downtown / King West

    4001 - 224 King St

    For RentTheatre Park
    5.0
    $4,100/mth
    2 Beds
    2 Bath
    1 Parking
    859 SQFT
    1 Day on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North West
    Locker:
    Owned
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Luxury Penthouse at Theatre Park 40th Floor Executive Living! Welcome to this exceptional 40th-floor penthouse at the prestigious Theatre Park, located in the vibrant King St. West neighbourhood. Available for rent, this rare executive unit features an open-concept layout with 2 spacious bedrooms and 2 full bathrooms, offering stunning panoramic views of the city and Lake Ontario.The suite boasts high-end finishes throughout, including 10-foot ceilings, floor-to-ceiling windows, and exposed concrete ceilings. Step out onto the large balcony, complete with a gas line for BBQs, perfect for outdoor relaxation or entertaining. Enjoy added comfort with custom motorized shades and a beautiful feature wall.Storage is abundant with generous closet space, and the building offers unparalleled amenities, including a rooftop pool with sweeping views and a state-of-the-art fitness facility. This is luxury living at its finest. Dont miss your chance to experience it!

    casatank realty inc.MLS® #C12011020

    Amenities

    Concierge
    Rooftop Deck
    Car Wash
    Party Room
    Security System
    Outdoor Pool

    Explore Neighbourhood

    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!

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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%

    Price Trends

    Maintenance Fees

    Theatre Park vs The King West Area

    Building Trends At Theatre Park

    Days on Strata

    Units at Theatre Park spend an average of
    35
    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
    6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    52
    Units were Rented over the past twelve months

    Best Value Rank

    Theatre Park offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Theatre Park has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Theatre Park yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Theatre Park is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 224 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$465,800 - $470,000$570,000No DataNo DataNo Data$1,230,000 - $2,200,000No Data
    Avg. Cost Per Sqft$1,435$1,334No DataNo DataNo Data$1,142No Data
    Avg. Wait for Unit Availability186 Days106 Days127 Days41 DaysNo Data140 Days229 Days
    Ratio of Units in Building13%19%18%41%1%8%3%

    Transactions vs Inventory

    Total number of units listed and leased in King West