350 Wellington St W 425
Waterfront Communities C1, Downtown Toronto, M5V 3W9
FOR SALE
$595,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
UNIQUE BOUTIQUE STYLE "SOHO METROPOLITAN". 615 SF. ONE BEDROOM IN THE VICINITY OF ALL FAVOURITE TORONTO LANDMARKS. OPEN CONCEPT LIVING, DINING ROOM & KITCHEN WITH GRANITE COUNTERTOP. SPACIOUS BEDROOM WITH SLIDING FRENCH DOORS, A RARELY AVAILABLE UNIT WITH A PARKING SPACE, NO WASTED SPACE, ALL UTILITIES ARE INCLUDED IN MONTHLY MAINTENANCE FEE. LUXURY HOTEL-STYLE LIVING, SERVICES & AMENITIES OF SOHO HOTEL. CONVENIENTLY LOCATED, STEPS TO TTC, THE WELL, METRO CONVENTION HALL, THE ROGERS CENTRE STADIUM, THE CN TOWER, METRO TORONTO ENTERTAINMENT CENTRE
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-28 | 2024-07-15 | 109 | $617,000 | - | Terminated |
| 2024-03-28 | 2024-04-21 | 24 | $617,000 | - | Suspended |
Nearby Intersections
Property Features
Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,446 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2/16)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.94' x 12.17' | Combined W/Dining, Large Window |
| Dining | Flat | 8.60' x 8.60' | Combined W/Living, Combined W/Kitchen, Large Window |
| Kitchen | Flat | 11.19' x 8.27' | Breakfast Bar, Granite Counter, Open Concept |
| Prim Bdrm | Flat | 11.78' x 8.92' | Broadloom, French Doors, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
350 Wellington St W 425 is a 1-bedroom 1-bathroom condo listed for sale at $595,000, which is $29,016 (5.1%) higher 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 New Concept
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