350 Wellington St W G11
Waterfront Communities C1, Downtown Toronto, M5V 3W9
FOR SALE
$550,000

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Property Description
One Bedroom Suite With 260 Sq Ft Terrace & 10 Ft Ceilings In The Soho Complex. In The Heart Of The Entertainment & Financial District. Open Concept With Floor To Ceiling Windows & Finished With Maple Hardwood Floors, Granite Counters & Marble-Clad Bath. Access To Hotel Amenities Include Fitness Center, Sauna, Hot Tub, 24Hr Security &More. Ttc At Doorstep & Steps To Restaurants, Shops, Theaters, Rogers Centre, Scotiabank Arena&More. 10-Min Walk To St Andrew Subway Station.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-29 | 2023-10-20 | 21 | $2,450 | $2,450 | Leased |
2023-02-15 | 2023-05-01 | 75 | $620,000 | - | Terminated |
2023-02-15 | 2023-03-03 | 16 | $2,700 | $2,700 | Leased |
2019-11-11 | 2020-01-14 | 64 | $2,200 | $2,200 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,910 (2024)
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 |
---|---|---|---|
Living | Flat | 13.12' x 16.24' | Combined W/Dining, Hardwood Floor, W/O To Terrace |
Dining | Flat | 13.12' x 16.24' | Combined W/Living, Hardwood Floor |
Kitchen | Flat | 13.12' x 16.24' | Combined W/Dining, Hardwood Floor, Open Concept |
Prim Bdrm | Flat | 10.33' x 10.33' | Double Closet, Hardwood Floor, Semi Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
350 Wellington St W G11 is a 1-bedroom 1-bathroom condo listed for sale at $550,000, which is $7,110 (1.3%) 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 Axon Capital Realty Advisors Inc.
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