250 Wellington St W 1034
Waterfront Communities C1, Downtown Toronto, M5V 3P6
FOR SALE
$524,900
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Property Description
SPACIOUS 1 Bedroom Jr condo approximately 505 sq.ft. Juliette balcony facing south. Views of the CN tower with no chance of another building ever changing that! The floor plan allows no wasted space, you can enjoy the entire living space. Full size appliances. Full size pantry with extra built in storage. 2 full size closets with ample storage. Parking can be easily rented. GREAT DAYTIME LIGHTING! Access to "The Path" is next door. Close to trains, busses, subway, shopping and parks! Easy highway access.
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Nearby Intersections
Property Features
Marina, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Bachelor/Studio
Approximate Sq.Ft.
600-699
Taxes
$1,799 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 13.42' x 7.68' | |
| Kitchen | Main | 5.58' x 11.68' | |
| Living | Main | 13.42' x 14.76' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
250 Wellington St W 1034 is a 1-bedroom 1-bathroom condo listed for sale at $524,900, which is $41,084 (7.3%) lower than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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