270 Wellington St W 521
Waterfront Communities C1, Downtown Toronto, M5V 3P5
FOR SALE
$545,000
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Property Description
Welcome to the Icon! This boutique building combines the benefits of a large complex with the feel of a smaller development. With just 12 stories and 247 units, its the perfect space for someone who wants to experience the best of the city to live and work downtown! Unit 521 has everything you need for your new home in the city, with 588 sf of living space. The functional layout allows a den/dining area with space for a full size table, an L-shaped kitchen with a solid-surface island for eat-in options, a large living area space that opens directly to the balcony, and a big bedroom and updated full washroom. The unit also comes with a great parking space on P1 as well as two owned lockers for all your storage needs!
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Extras
The maintenance fee includes all of your utilities, so no worries about other costs on top of your mortgage! The building amenities include a 24 hour concierge, full gym with city views, a rooftop patio with communal BBQ options and more.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,467 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A28)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 9.45' x 18.01' | Combined W/Dining, Hardwood Floor, W/O To Balcony |
Dining | Main | 9.45' x 18.01' | Combined W/Living, Hardwood Floor |
Kitchen | Main | 9.45' x 9.61' | Centre Island, Ceramic Back Splash, Pot Lights |
Prim Bdrm | Main | 8.04' x 13.32' | Hardwood Floor, Large Window, North View |
Den | Main | 7.97' x 11.12' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
270 Wellington St W 521 is a 1-bedroom 1-bathroom condo listed for sale at $545,000, which is $21,904 (3.9%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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