400 Wellington St 507

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400 Wellington St 507, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4292403
MLSID
Contact Us
Property Description
Rare Opportunity To Own A Bright And Spacious Unit At The Boutique 400 Wellington. With Close To 900 Sf, This Renovated Unit Boasts 9 Ft Concrete Ceilings, Custom Built-In Closets And An Ensuite Locker. The Master Bedroom Features A Walk-In Closet, 4Pc Ensuite & Large Windows With Unobstructed Views Of The Cn Tower & Cityscape. Steps To King West, This Unit Is Not To Be Missed!
Extras
Stainless Steel Fridge, Stove, & Dishwasher. Stacked Washer/Dryer. Custom Closet Built-In's, Elfs & All Window Coverings. Extra Large Den Can Be Easily Converted Into A Second Bedroom!
Property Features
Park, Public Transit
Property Details
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
800-899
Taxes
$3,268 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B35)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.24' x 17.75'Wood Floor, Large Window, Balcony
KitchenFlat13.25' x 9.32'Stainless Steel Appl, Renovated, Custom Backsplash
BrFlat10.76' x 10.60'Ensuite Bath, W/I Closet, Large Window
DenFlat8.99' x 8.07'Wood Floor, Open Concept, Combined W/Living
DiningFlat13.25' x 9.32'Wood Floor, Combined W/Kitchen, Pantry
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
400 Wellington St 507 is a 1-bedroom 2-bathroom condo listed for sale at $749,900, which is $146,855 (24.4%) higher than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.
Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 (March 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% 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 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Psr, Brokerage
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