250 Wellington St W 942
Waterfront Communities C1, Downtown Toronto, M5V 3P6
FOR SALE
$540,000
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Property Description
Tridel Built "The Icon" Condo In The Heart of The Entertainment District. Enjoy The Spacious & Functional Open Concept Layout With One Bedroom Balcony, Living + Dining. Excellent Walk Score of 98/100. Walking Distance to Rogers Centre, CN Tower, Scotia Arena, TTC, Subway, Union Station and Major Restaurants + More.
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Extras
Enjoy The World Class Rooftop Terrance, Gym, Indoor Pool, Sauna, Party Room, Visitor Parking, 24 Hour Concierge.
Nearby Intersections
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,288 (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 Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 4.00' x 12.34' | Combined W/Laundry |
Kitchen | Flat | 9.35' x 9.51' | Centre Island, Eat-In Kitchen, Granite Counter |
Dining | Flat | 9.02' x 15.26' | Hardwood Floor, Combined W/Living |
Living | Flat | 9.02' x 15.26' | Hardwood Floor, W/O To Balcony |
Prim Bdrm | Flat | 8.20' x 11.52' | Broadloom, Large Window |
Bathroom | Flat | 4.92' x 7.87' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
250 Wellington St W 942 is a 1-bedroom 1-bathroom condo listed for sale at $540,000, which is $25,578 (4.5%) lower than the average sold price of $565,578 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,497 (1.0%) compared to the previous 30 day period (October 22 - November 20) and down $24,106 (4.1%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 21 - December 20), which is down 28.5% compared with the previous 30 day period (October 22 - November 20) and up 23.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,110) (2.1%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,026 decrease compared to the previous 30 day period (October 22 - November 20) and ($16,252) more 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 (November 21 - December 20) stood at 51.3%, up from 50.0% over the previous 30 days (October 22 - November 20) and down from 56.7% 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 32 days when successfully sold over the last 30 days (November 21 - December 20), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Green Realty Inc.
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