The Thompson Residences condo building exterior
Mid-Rise Condo

The Thompson Residences

by Freed Developments

55 Stewart Street, Toronto, ON M5V 2V8

Year Built

2010

Total Units

327

Avg $/sqft

$897

Storeys

15

Available Units in The Thompson Residences

5

Units for sale

From $599,000

Photo of Unit 613, 55 Stewart Street
For Sale
Listed for:

Listed Aug 12, 2026

$599,000

Unit 613, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

1Bedroom
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 829, 55 Stewart Street
For SaleFully Renovated
Listed for:

Listed Aug 20, 2026

$865,000

Unit 829, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

1 + 1Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 104, 55 Stewart Street
For Sale
Listed for:

Listed Jul 8, 2026

$899,800

Unit 104, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

1 + 1Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

Condo TownhouseFor Sale

Photo of Unit 822, 55 Stewart Street
For SaleCorner UnitPanoramic Views
Listed for:

Listed Sep 9, 2026

$1,479,999

Unit 822, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

2Bedrooms
2Bathrooms
1Parking
1.2K-1.4KSq Ft

Condo ApartmentFor Sale

1

Unit for rent

From $2,400/mo

Photo of Unit 524, 55 Stewart Street
For Rent
Listed for:

Listed 10 days ago

$2,400

Unit 524, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

1Bedroom
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

Any time Peter Freed is involved in the development of a condo, we can assume a couple of things. For one, we’d bet money on the fact that any building of Freed’s is nothing shy of luxurious, and second, we’d guess it can be found somewhere in the King West neighbourhood of Toronto.

Now while all of Freed’s developments aren’t found in the King West neighbourhood, he — together with his team at Freed Developments — spent ample time and effort redeveloping the area. As a result, Freed has made a name for himself as King of King West.

The complex known as Thompson Residences at 55 Stewart is a great sample from which one can get a sense of Freed’s work. These residences, attached to the renowned Thompson Hotel, encompass the developer’s eye for detail and obsession with quality design.

55 Stewart West makes up two thirds of the Thompson Toronto Private Residences, while the last piece of the puzzle is located at 621 King West: the similarly named Thompson Residences. The 327 downtown Toronto condos in the two buildings at 55 Stewart Street & 552 Wellington Street West cover 15 storeys. Outside, sleek grey brick and plenty of glass catch the eye. However, the glass is not so uniform, but rather the heterogeneous design is scattered with balconies.

Built in 2010, 55 Stewart also boasts more than just homes. In fact, we wouldn’t judge any prospective buyer wooed just as much — if not more — by the amenities than the living spaces themselves.

Approximately 30,000 square feet is dedicated to common space at 55 Stewart. Some of the standard amenities expected of King West condos for sale include a gym, a rooftop terrace with bar and barbecues, a pool, a meeting room, visitor parking, and a movie theatre. Beyond these simple luxuries, however, residents have the option to use many other services that are bound to make life easier.

For one, the gym has personal trainers for hire, while pet sitters on site are ready to look after furry loved ones when last minute business trips arise. And while Spot will be excited at the prospect of having his very own Home Alone moment, human residents without pets might be more enticed by the fact that they can drop off their dry cleaning without leaving the building.

Residents living at 55 Stewart also have the option to use the hotel’s catering, concierge, car, and valet services, as well as housekeeping and grocery delivery. Moreover, residents receive discounts on hotel rates (although this perk is probably used more by visiting friends and family than homeowners themselves). And to be clear, most of these services are, naturally, subject to an additional charge.

Developer

Freed Developments

Year Built

2010

Property Type

Mid-Rise Condo

Storeys

15

Total Units

327

Management

Royale Grande Property Management Ltd.

Amenities

Underground Parking

Fitness Centre

Sauna

Rooftop Garden

Visitor Parking

BBQ Area

Outdoor Pool

24/7 Concierge

Price History

150 records
Loading history…

Market Stats

Prices in The Thompson Residences are down 12.3% compared to last year.

$897

Avg $/sqft

-12.3%

YoY change

19

Avg days on market

Location & Walkability

Walk Score

96/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

71/100

Bike lanes & infrastructure

Neighbourhood in Toronto

King West

vibrant urban active

King West is a vibrant neighbourhood in Toronto known for its lively atmosphere. It offers a mix of urban living with access to various amenities.

No homes currently for sale No rental listings available Schools rated 7 Close to city amenities

At a glance

Day to dayLivability

7

Schools near listings

out of 10 · averaged over 10 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Lively atmosphere with urban conveniences
  • Good school ratings
  • Access to various amenities

Keep in mind

  • No current housing options available
  • Prices may be above city median

The feel of the placeLifestyle

Daily life in King West is dynamic with many options for dining and entertainment. It attracts a diverse crowd looking for an active urban lifestyle.

Great for young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

1.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

11

Parks

7

Playgrounds

35

Transit stations

7

Grocery stores

93

Restaurants

39

Cafés

10

Gyms

8

Pharmacies

Counted across all 1.2 km² of King West. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.4/10

Average rating of the 1 rated school in this area

2

Elementary

1

Secondary

  • Niagara Street Junior Public School

    Public · Grades JK–6 · Toronto DSB

    7.4/107.3 over 5 yrs

    626th of 3,045 Ontario elementary schools

    305 students · EQAO 2024-2025

  • ALPHA Alternative Junior School

    Public · Grades JK–6 · Toronto DSB

    Not rated

    75 students

  • Oasis Alternative Secondary School

    Public · Grades 9–12 · Toronto DSB

    Not rated

    80 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside King West, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

25,090

Population (2021)

1.1 km²

Area

22,396

People per km²

33.2

Median age

$98,675

Median income

46%

Own their home

1.6

People per household

15,860

Households

Every age

  • Children (under 15)6.3%
  • Working age (15–64)88.9%
  • Seniors (65+)4.8%

What is built here

  • Townhouses2.6%
  • Duplexes1.4%
  • Low-rise apartments6.1%
  • High-rise apartments89.3%

Own or rent

46%Owners

54%Renters

Across 15,860 households

When it was built

Mostly 2011–2015

  • 1960 or earlier4%
  • 1961–19802%
  • 1981–19907%
  • 1991–200010%
  • 2001–200514%
  • 2006–201015%
  • 2011–201526%
  • 2016–202123%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

32.3%
Born outside Canada
72%
Hold a degree or higher
79.9%
Employment rate
22%
Commute by transit
38.7%
Commute by car
1.3
Children per family
$81,558
Median income after tax
$133,285
Average household income
11.9%
Living on a low income
$2,062/mo
Renters pay, per month
$2,243/mo
Owners pay, per month
$742,732
Median home value at census
43%
Renters spending 30%+ of income on housing
33.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry