Maintenance Fees
Festival Tower vs The King West Area
Off Market Listing
Free account required. or to see all the details.
Free account required. or to see all the details.
LeasedFestival Tower
Leased in 7 Days on Strata
$X,XXX/mth
-
-
-
-
Listing History
Apr 11, 2021 • 7 days on Strata
leased$2,000Down from $2,100
Receive listing updates for King West
Unit Highlights
Off Market Listing
Free account required. or to see all the details.
Free account required. or to see all the details.
Features
Amenities
Business Centre
Party Room
Gym Room
Games Room
Guest Suites
Visitor Parking
Sauna
Concierge
Rooftop Deck
Media Room
BBQs Allowed
Indoor Parking
Indoor Pool
Rec Room
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore King West
Commute Calculator
9/10
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!
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
41
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
5.9
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
10th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
58
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 | $635,000 - $715,000 | $1,490,000 - $1,500,000 | $1,140,000 | $2,281,000 |
| Avg. Cost Per Sqft | No Data | $999 | $1,096 | $1,272 | $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 | 32 Days | 66 Days | 51 Days | 499 Days |
| Avg. Wait for Unit Availability | 106 Days | 31 Days | 15 Days | 32 Days | 37 Days | 401 Days |
| Ratio of Units in Building | 6% | 17% | 40% | 19% | 19% | 2% |
Market Inventory
Total number of units listed and leased in King West
