500 Wellington St W #201

FOR SALE
$3,500,000
500 Wellington St W #201, Downtown Toronto
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
500 Wellington St W #201
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
C9365681
MLSID
Contact Us
Property Description
This stunning 1/2 floor luxurious suite offers the best of boutique living. This is a must-see. Over 3,250 + sq. ft. This chic 15 suites, 10 storey boutique building, located just east Portland Street. This unit boasts floor to ceiling windows, private elevator access, premium stainless steel appliances, Scavolini Italian kitchen, 900 square feet entertaining terrace equipped with gasline for BBQ & waterline offers the best for outdoor entertaining. Bedrooms are generously sized, especially by Toronto standards, en-suite bathrooms plus an additional den / additional bedroom area. Lots of natural light. Private elevator. Amazing location. Located in the Heart of it all: King West restaurants, park, shopping. Steps to transit. Parking spot & Locker are included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-06 2022-09-27 21 $9,000 $9,000 Leased
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
3250-3499
Taxes
$1,807 (2023)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (A4)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrFlat12.89' x 19.39', 5 Pc Ensuite
2nd BrFlat11.98' x 17.09'
DenFlat11.98' x 19.98'
KitchenFlat10.60' x 25.00'
BreakfastFlat15.98' x 16.99'
LivingFlat23.98' x 51.87'
DiningFlat23.98' x 51.87'
LaundryFlat6.89' x 10.27'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Wellington St W #201 is a 2-bedroom 3-bathroom condo listed for sale at $3,500,000, which is $2,712,938 (344.7%) higher than the average sold price of $787,062 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,422 (1.0%) compared to the previous 30 day period (July 30 - August 28) and up $2,995 (0.4%) from the same time one year ago.
Inventory Change
There were 1,564 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 48.7% compared with the previous 30 day period (July 30 - August 28) and up 8.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,062) (2.0%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,285 increase compared to the previous 30 day period (July 30 - August 28) and ($10,882) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 28.3%, down from 42.9% over the previous 30 days (July 30 - August 28) and down from 32.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 29 - September 27), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Regal Realty Inc.
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