400 Wellington St W St W 601
Waterfront Communities C1, Downtown Toronto, M5V 0B5
FOR SALE
$778,000
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
This Is A Rare Opportunity To Own a Spacious One Bedroom with 2 Washrooms in a Beautiful BoutiqueBuilding. Newly Renovated Suit with 9 Ft Ceiling and tons of Natural Light. Separate Kitchen Area W/Breakfast Bar, Walkout To Balcony. Steps To Vibrant King St, Walk To Restaurants, Cafes, Nightlife,Financial District, TTC, Gardiner. Ready To Move In and Enjoy!
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Extras
Over 50K in Upgrades! Brand New Appliances: Fridge, Stove, B/I Microwave, B/I Dishwasher, StackedWasher And Dryer. 1 Parking Included.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,621 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
400 Wellington St W St W 601 is a 1-bedroom 2-bathroom condo listed for sale at $778,000, which is $178,125 (29.7%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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