Maintenance Fees
Festival Tower vs The King West Area
$2,8001 bd1 ba0 pk703 sqft
For RentFestival Tower
5.0
12 Days on Strata
$2,800/mth
1 Bed + 1
1 Bath
0 Parking
703 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
North East
Locker:
None
Amenities
Indoor Parking
BBQs Allowed
Guest Suites
Gym
Visitor Parking
Indoor Pool
Party Room
Rec Room
Concierge
Sauna
Rooftop Deck
Games Room
Media Room
Business Centre
About this Listing
Large One Bedroom+Den. Approx 703 Sq Ft Indoor, Large Balcony 178 Sq Ft.Bright and beautifulunit Festival tower. Building Amenities Include Theater Room, Large Gym With Free FitnessClasses, Indoor Pool And Sauna, Sports Bar, Rooftop Terrace, Guest Suites And 24-hourConcierge. Minutes To Subway. Shopping, Dining, Theatre,Etc,
ExtrasFridge, Stove, Microwave, Dishwasher, Stacked Washer/Dryer, All Window Coverings, All Elfs, AllFurnitures.
powerland realtyMLS® #C12074391
Fees & Utilities
Utilities Included
Rent Includes
Water
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
13.12 x 10.83ft
Bedroom
9.51 x 10.83ft
Den
11.48 x 10.83ft
Renter's Market
Balanced
Landlord's Market
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9/10
Walkability
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10/10
Transit
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7/10
Bikeability
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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
Household Income
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 Festival Tower
Days on Strata
Units at Festival Tower spend an average of
38
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
5.8
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
19th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
59
Units were Rented over the past twelve months
Best Value Rank
Festival Tower offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Festival Tower has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Festival Tower yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Festival Tower is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Festival Tower
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $537,000 | $618,000 - $715,000 | $1,425,000 - $1,500,000 | $1,140,000 | $2,281,000 |
| Avg. Cost Per Sqft | No Data | $999 | $1,087 | $1,235 | $919 | $1,277 |
| Price Range | $1,875 - $2,400 | $2,200 - $2,650 | $2,300 - $3,200 | $3,500 - $5,700 | $3,700 - $4,300 | $6,300 - $6,500 |
| Avg. Wait for Unit Availability | 262 Days | 131 Days | 34 Days | 68 Days | 51 Days | 499 Days |
| Avg. Wait for Unit Availability | 103 Days | 32 Days | 15 Days | 32 Days | 38 Days | 399 Days |
| Ratio of Units in Building | 6% | 17% | 40% | 19% | 19% | 2% |
Market Inventory
Total number of units listed and leased in King West
