250 Wellington St W 544
Waterfront Communities C1, Downtown Toronto, M5V 3P6
FOR SALE
$498,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Live in the Heart of the Vibrant King St West Neighbourhood in This Quality Tridel Built Condominium. With a Perfect Transit Score of 100 and Near Perfect Walk Score of 99 This Property Offers Unparalleled Access to Trendy Restaurants, Amenities, Entertainment and Sporting Venues! This Well-Laid Out and Efficient Floor Plan Has No Wasted Space And is Perfect for 1st Time Buyers and Investors Alike. Kitchen Features Updated Appliances & Functional Island for Extra Counter & Storage Space. Generously Sized Bedroom - Fits a King Sized Bed W/Side Tables! Great Amenities in the Building Incl Gym, Rooftop Patio, Indoor Pool and 24 Hr Security Guard.
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Extras
Owner currently rents a parking spot in the building
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,099 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 6.59' x 9.32' | Stainless Steel Appl, Centre Island, Backsplash |
| Dining | Main | 9.51' x 18.01' | Open Concept, Combined W/Living, Combined W/Kitchen |
| Living | Main | 9.51' x 18.01' | Open Concept, Combined W/Dining, W/O To Balcony |
| Br | Main | 8.01' x 12.76' | Large Closet, Large Window |
| Den | Main | 8.01' x 7.51' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
250 Wellington St W 544 is a 1-bedroom 1-bathroom condo listed for sale at $498,000, which is $101,751 (17.0%) lower than the average sold price of $599,751 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,183 (0.5%) compared to the previous 30 day period (March 4 - April 2) and down $28,429 (4.5%) from the same time one year ago.Inventory Change
There were 1,874 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 3 - May 2), which is up 36.0% compared with the previous 30 day period (March 4 - April 2) and up 65.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,134) (1.4%) below asking price over the last 30 days (April 3 - May 2), which represents a $2,735 increase compared to the previous 30 day period (March 4 - April 2) and ($2,243) 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 (April 3 - May 2) stood at 36.3%, down from 47.7% over the previous 30 days (March 4 - April 2) and down from 73.6% 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 27 days when successfully sold over the last 30 days (April 3 - May 2), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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