508 Wellington St W 402
Waterfront Communities C1, Downtown Toronto, M5V 1E3
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC4136585
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Property Description
Rarely Offered 1 Bedroom + Den In The Heart Of The Fashion District! Amazing 783 Sq Ft Floor Plan. Luxury Finishes Throughout Including High-End Floors, Modern Cabinetry, $3K Custom Island, Granite Counters & 2 Full Spa-Like Baths. Den Features Closet Org, Sliding Door & Is Large Enough To Be Used As 2nd Bedroom! Floor-To-Ceiling Windows Offer Gorgeous City, Cn Tower & Park Views. Great Amenities: Security Guard, Gym, Party Room & Bike Storage.
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Extras
B/I Fridge, S.S. Stove, Microwave, B/I Dishwasher. Washer, Dryer.All Window Coverings, E.L.F.S. Exclude: Orange Jielde Light. Steps To The Best Of Everything Toronto Has To Offer Including Shopping, Transit, Nightlife & The Downtown Core.
Property Features
Park, Place Of Worship, Public Transit, School, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,011 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.76' x 17.26' | Combined W/Dining, Juliette Balcony, O/Looks Park |
| Dining | Main | 14.76' x 17.26' | Combined W/Kitchen, Open Concept |
| Kitchen | Main | 14.76' x 17.26' | Combined W/Living, Modern Kitchen, Granite Counter |
| Master | Main | 9.68' x 11.15' | 3 Pc Ensuite, Double Closet, Pot Lights |
| Den | Main | 8.17' x 9.25' | Sliding Doors, Closet |
| Foyer | Main | 4.00' x 5.68' | Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
508 Wellington St W 402 is a 1-bedroom 2-bathroom condo listed for sale at $599,000, which is $3,533 (0.6%) lower than the average sold price of $602,533 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,706 (1.1%) compared to the previous 30 day period (February 23 - March 23) and down $19,736 (3.2%) from the same time one year ago.Inventory Change
There were 1,536 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 11.4% compared with the previous 30 day period (February 23 - March 23) and up 49.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,920) (1.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,521 increase compared to the previous 30 day period (February 23 - March 23) and ($3,215) 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 24 - April 22) stood at 43.0%, down from 44.2% over the previous 30 days (February 23 - March 23) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 24 - April 22), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward, Brokerage
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