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The Thompson Residences

552 Wellington St W, Downtown

Features

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Price/Sqft Range

393 sqft - 7617 sqft

Avg Price/Sqft

$992 / sq. ft.

Completed

Built: 2010

Building Scale

Floors: 15 | Total Units: 327

Building Details

Building Type

High-Rise condo

Property Management

Built in 2010

Condo Corp

TSCC-2082

Date Registered

May 27, 2010

Maintenance Fees Include

Common Element

Heat

Water

Air Conditioning

Building Insurance

Description

1 - About The Thompson Residences

  • Address: 552 Wellington St W & 55 Stewart St (also 629 King St W & 38 Stewart St)
  • Neighbourhood: Waterfront Communities C1, Downtown Toronto
  • Storeys: 15
  • Units: 327
  • Built Year: 2010 (Residences phase completed 2015)
  • Builder: Freed Developments
  • Building Type: High-Rise Condo
  • Suite Sizes: 393 sqft – 7,617 sqft
  • Average Price: $992 / sq. ft.

2 - Overview of The Thompson Residences

The Thompson Residences stands as a distinctive soft loft development in the heart of King West. Architectural firm Saucier + Perrotte Architects collaborated with Cecconi Simone to create a glass-wrapped structure featuring offset balconies that define the building's contemporary silhouette.

Constructed in two phases, the development first launched at Wellington and Stewart in 2010, with the King Street West addition following in 2015. The design emphasizes clean architectural lines integrated with floor-to-ceiling windows, seamlessly blending residential living with hotel-inspired services and amenities.

3 - Suite Sizes & Value

The Thompson Residences offers an impressive range of floor plans, from efficient 393-square-foot studios to expansive penthouses spanning 7,617 square feet. Units are priced at an average of $992 per square foot, reflecting the premium location and quality finishes.

Residences maximize the glass-clad exterior through open-concept layouts that create seamless flow between living spaces. Kitchens integrate naturally with the main living areas, while hotel-quality finishes throughout maintain the building's sophisticated aesthetic. The interior design philosophy centers on minimalist principles, creating spaces that meet the demands of contemporary downtown living.

4 - Building Amenities & Features

  • Rooftop infinity pool and club with skyline views
  • Rooftop terrace with private cabanas and BBQ area
  • Fitness and wellness centre
  • 24/7 hotel-style concierge
  • Visitor parking
  • Bike storage
  • Outdoor pool access

5 - Location Highlights

  • Parks: Steps from Victoria Memorial Park and the Toronto waterfront park system
  • Transit: Access to the Spadina streetcar line and the King Street transit corridor
  • Proximity: Located in King West (C01), within walking distance of the Financial District and Queen Street West
  • Neighbourhood POIs: Proximity to dining, nightlife, fitness studios, and 1 Hotel Toronto

6 - Lifestyle Near The Thompson Residences

Life at The Thompson Residences places residents at the centre of Toronto's vibrant downtown social scene. The surrounding area has evolved from its industrial roots into a dynamic residential and entertainment district that attracts young professionals and urban enthusiasts.

The location appeals particularly to working professionals and investors who value connectivity to the King Street West corridor. Residents enjoy the balance of urban energy and residential privacy within this high-density neighbourhood, with easy access to the city's business, cultural, and entertainment hubs.

7 - About the Developer

Freed Developments, under the leadership of Peter Freed, brings over 25 years of experience and a development portfolio exceeding $1 billion in value. The company has played a pivotal role in transforming King Street West, converting former industrial properties into vibrant mixed-use communities.

The developer's notable projects include Sixty Colborne, 155 Redpath, and 150 Redpath. Freed Developments has earned recognition for innovative architectural design and the integration of hotel-inspired amenities that elevate the residential living experience across their portfolio.


Neighborhood

Arts Centre
Hospital
Library
Park
Public Transit

Building Sales History

Apr 20261 Listed | 1 Sold

30 days on market

MLS® # C12909900

Apr 23, 2026

Sold

Mar 23, 2026

Listed For Sale

$910,000

Waterfront Communities C1 Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.