621 King Street West is instantly recognizable for its exquisite architecture, uniquely efficient build, and its location making it one of the most popular considerations for first-time buyers as well as long-time King West residents who are looking to move up in lifestyle.
Originally built in summer 2016 by Freed Developments, 621 King Street West is now being overseen by the FirstService Residential property management company. At fourteen storeys high, the building which is widely known as the Thompson Residences contains approximately 408 units. These range in size from 357 sq. ft. to 1,788 sq. ft. The Thompson Residences are not merely just another condo development but is held up as one of the more fashionable builds in the entire city and representative of the current condo boom here in Toronto.
Designing the Thompson Residences, the building boasts a city-friendly, social atmosphere and has created over four hundred spaces for residents that allow them to live near where they work and remain close to some of the hottest social spots in the city. Common features of units at 621 King Street West include open-concept layouts optimizing the available space, a lot of natural lighting, high ceilings, large living areas, spacious kitchens with modern appliances and uniquely designed wide breakfast bars, and most of the suites also come with deep balconies.
Beyond what is located inside the suites at 621 King Street West, those that know the city well know what an amazing location this is. This new condo project in nestled amongst the fashion and entertainment of King Street West, the fashion and music venues of Queen Street, is near the waterfront, and remains close to key Toronto landmarks such as the Rogers Centre, the CN Tower, Ripley’s Aquarium, and the Metro Toronto Convention Centre, exhibiting the highest standards of convenience and style. There is nowhere trendier in the city right now than the King West district and buying a condo in the neighborhood grans one access to it all. Get state of the art amenities, first class services, and promising and elegant living spaces. In addition, the TTC access could not be better with the Bathurst streetcar connecting residents north to the Bloor subway system and south to the waterfront, the King streetcar venturing to the east and west, and the Spadina Avenue on-ramp to the Gardiner Expressway making it easy for residents with cars to travel as well.
621 King Street West building amenities include a gym and exercise room, a common rooftop deck, a party room, a meeting and function room, a pool, concierge services, and a media room and cinema. The maintenance fees serve to cover air conditioning, heat, water, common element maintenance, and building insurance.
The Thompson Residences building boasts a perfect transit score of 100 and a near-perfect walk score of 99. Just within 200 metres alone, a resident can find all the basics and more. There are restaurants such as Poutini’s House of Poutine, coffee at Colette Grand Cafe, bars such as Candyland, groceries via The Kitchen Table, parks, schools, shopping and a wide array other opportunities to browse on a leisure day.
The average price per square foot at 621 King Street West is $818 making it one of the top 40 most expensive condo developments in downtown Toronto. Those that are buying into units at 621 King Street West are largely pursuing a level of exclusivity and advantages that are not available to them elsewhere. Though there are some somewhat more affordable units in the area, 621 King Street West has a look and a lifestyle that no other can match. The annual growth rate for the upcoming year is expected to be in line with the city’s average, roughly around 9 percent. Currently units at 621 King Street West are approximately 21 percent more expensive than other King West condos, suggesting that this is an investment targeting high-price buyers in an area that continues to add value with each passing year.
Near the corner of King Street West and Bathurst Street, the advantages of living at 621 King Street West make a long list. The glitz and glamour of the neighborhood plus all the bonuses of living in a new building make this a difficult opportunity to pass up. Taking a walk under ten minutes can get a resident to nearly any kind of boutique, restaurant, shop or opportunity that they want, and the welcoming, naturally lit common spaces contained in the Thompson Residences are inspiring. Choose to invest in a build at 621 King Street West to get the best that the city has to offer.