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    TH1 - 508 Wellington St

    $7,5003 bds3 ba1 pk1,600 sqft
    19 Days on Strata
    Est Lease Timeframe:
    16 Days
    $7,500/mth
    3 Beds + 1
    3 Bath
    1 Parking
    1,600 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Possession Date:

    Immediately

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    None

    Furnished:

    Yes

    Exposure:

    South

    Locker:

    Owned

    Laundry:

    Upper

    Amenities

    Party Room
    Bike Storage
    Gym
    BBQs Allowed
    Concierge
    Rec Room
    Security System
    Media Room
    Rooftop Deck

    About this Listing

    Experience luxury and convenience in this exceptional 3-bedroom, 3-bathroom furnished condo townhouse in the heart of King West. Spanning over 1,600 sq. ft. across two spacious storeys, this bright and airy home features a private street-level entrance, a generous living and sitting area, and a modern kitchen with a sleek island perfect for entertaining. Nestled in a boutique 11-storey building on Wellington Street West, it offers easy access to top restaurants, nightlife, shopping, parks, and transit. Zoned for live/work, this rare find delivers the ultimate urban lifestyle in one of Torontos most sought-after locations.

    Extras*FULLY FURNISHED* Fridge, Stove, Dishwasher, Washer/Dryer, All Elfs and Window Coverings.

    royal lepage signature realtyMLS® #C12050566

    Fees & Utilities

    Utilities Included

    Rent Includes
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Sitting

    Large Window, 2 Piece Bath

    12.63 x 10.4ft

    Kitchen

    Built-in Appliances, Centre Island

    11.45 x 10.4ft

    Living

    11.09 x 8.37ft

    Primary

    2 Piece Bath

    0 x 0ft

    2nd Bedroom

    Closet, Double Closet

    13.91 x 10.53ft

    3rd Bedroom

    Large Closet, Double Closet

    11.35 x 10.4ft

    Dining

    Large Closet

    8.3 x 10.04ft

    Bathroom

    Large Window

    12.7 x 7.22ft

    Bathroom

    4 Piece Bath

    8.92 x 8.27ft

    Bathroom

    4 Piece Ensuite

    11.68 x 6.69ft

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

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    9/10
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    10/10
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    7/10
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    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Downtown Condos spend an average of
    54
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    51st
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Downtown Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Downtown Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Downtown Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Downtown Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Downtown Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$2,000 - $2,500No DataNo Data$5,500No Data
    Avg. Wait for Unit Availability351 Days31 DaysNo Data467 Days345 DaysNo Data
    Ratio of Units in Building3%75%5%7%10%3%

    Market Inventory

    Total number of units listed and leased in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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