250 Wellington St W 428
Waterfront Communities C1, Downtown Toronto, M5V 2V4
FOR SALE
$499,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC11989685
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Property Description
Beautifully renovated 1 bed + den suite featuring new flooring throughout and 588Sq.ft of very livable space in the heart of the entertainment district. Exceptionally well run Tridel built building ( The Icon) featuring a host of amenities. Located steps To The Path, Restaurants, Financial District, Rogers Centre, Cn Tower and the Well for the finest shopping and restaurants. Condo fees include all utilities.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,275 (2024)
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
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 9.51' x 18.01' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Ground | 9.51' x 18.01' | Combined W/Living, Laminate, Breakfast Bar |
| Kitchen | Ground | 9.58' x 10.99' | Centre Island, Stainless Steel Appl, B/I Microwave |
| Prim Bdrm | Ground | 8.01' x 12.01' | Broadloom, Double Closet, Mirrored Closet |
| Den | Ground | 7.84' x 8.23' | Hardwood Floor, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
250 Wellington St W 428 is a 1-bedroom 1-bathroom condo listed for sale at $499,900, which is $57,210 (10.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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