Year Built
2010

by Freed Developments
55 Stewart Street, Toronto, ON M5V 2V8
Year Built
2010
Total Units
327
Avg $/sqft
$897
Storeys
15
5
Units for sale
From $599,000
Listed Aug 12, 2026
Unit 613, 55 Stewart Street
Toronto (Waterfront Communities), ON M5V 2V1
Condo ApartmentFor Sale
Listed Aug 20, 2026
Unit 829, 55 Stewart Street
Toronto (Waterfront Communities), ON M5V 2V1
Condo ApartmentFor Sale
1
Unit for rent
From $2,400/mo
Live MLS · Updated daily
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.
Underground Parking
Fitness Centre
Sauna
Rooftop Garden
Visitor Parking
BBQ Area
Outdoor Pool
24/7 Concierge
$897
Avg $/sqft
-12.3%
YoY change
19
Avg days on market
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 is a vibrant neighbourhood in Toronto known for its lively atmosphere. It offers a mix of urban living with access to various amenities.
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.
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
For sale
0
For rent
0
Recently sold
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Recently leased
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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.
What people love
Keep in mind
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.
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.
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
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.
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
What is built here
Own or rent
46%Owners
54%Renters
Across 15,860 households
When it was built
Mostly 2011–2015
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.
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