Maintenance Fees
The Kip District Condos vs The Islington | City Centre West Area
507 - 20 Thomas Riley Rd
$3,0002 bds2 ba1 pk855 sqft
For RentThe Kip District Condos
5.0
12 Days on Strata
$3,000/mth
2 Beds
2 Bath
1 Parking
855 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South
Locker:
Owned
Amenities
BBQs Allowed
Rooftop Deck
Guest Suites
Sauna
Visitor Parking
Party Room
Concierge
Bike Storage
Media Room
Rec Room
Gym Room
Indoor Parking
Games Room
About this Listing
Introducing this stunning 2-bedroom, 2-bathroom unit boasting nearly 900 sqft of living space with panoramic south views. Flooded with natural light, this residence offers a bright and airy ambiance throughout. Both bedrooms are excellent sizes and feature floor to ceiling windows. Nestled in the heart of South Etobicoke, its prime location provides easy access to public transportation, an array of restaurants, and convenient big box stores. Enjoy the best of urban living with every amenity at your fingertips. One of the best new condos in Etobicoke! Come see for yourself! **EXTRAS** Parking and Locker are included. Fantastic building with amazing management.
property.ca inc.MLS® #W12038035
Fees & Utilities
Utilities Included
Rent Includes
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
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7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
4/10
Bikeability
Your bike will know every pothole personally. It's that intimate.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,799
Average Individual Income
$66,150
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,533
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
32%
Detached
31%
Semi Detached
23%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Other
15%
Mandarin
12%
Cantonese
10%
Tagalog
1%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
38%
High School
24%
College
15%
None
14%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At The Kip District Condos
Days on Strata
Units at The Kip District Condos spend an average of
25
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
35
Units were Rented over the past twelve months
Best Value Rank
The Kip District Condos offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
The Kip District Condos has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
The Kip District Condos yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
The Kip District Condos is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at The Kip District Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | No Data | $652,000 - $695,000 | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $869 | No Data |
| Price Range | $1,980 - $2,350 | $2,250 - $2,525 | $2,450 - $3,000 | No Data |
| Avg. Wait for Unit Availability | 135 Days | 41 Days | 43 Days | No Data |
| Avg. Wait for Unit Availability | 67 Days | 22 Days | 23 Days | No Data |
| Ratio of Units in Building | 16% | 42% | 43% | 1% |
Market Inventory
Total number of units listed and leased in Islington | City Centre West
