Maintenance Fees
Downtown Condos vs The King West Area
for rent
8 Days on Strata
- Est Lease Timeframe:
- 31 Days
611 - 508 Wellington St W
$2,200/mth
1 Bed
1 Bath
0 Parking
500 - 599 SQFT
Price History
- Property Type:
- Soft Loft
- Possession Date:
- Jan 1
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite
- Locker:
- Owned
- Exposure:
- South
Amenities
Concierge
Bike Storage
Media Room
About this Listing
Zoned for live/work, this sun-filled, south-facing 1-bedroom, 1-bathroom condo is a rare find in one of Toronto's most sought after neighbourhoods. With floor-to-ceiling windows and a Juliette balcony, enjoy stunning views over Victoria Memorial Square Park, a peaceful escape in the heart of the city. The open-concept layout is designed for modern living, featuring a sleek kitchen, contemporary finishes throughout, and an airy, light-filled space. Whether you're looking for a perfect starter condo or a smart investment, this unit delivers exceptional value in a prime location. Plus, with a locker included, extra storage is never an issue. Located in the boutique Downtown Condos, a trendy 11-storey building on Wellington Street West, you're just steps from top-rated restaurants, lively nightlife, The Well, and the Entertainment District. With public transit at your doorstep and easy highway access, getting around the city is effortless. Don't miss your chance to lease a slice of King West's vibrant lifestyle.
ExtrasExisting appliances (fridge, dishwasher, cooktop, hood vent, microwave, oven and washer/dryer). Existing electric light fixtures (except bedroom ceiling light). (See Schedule S)
royal lepage real estate services ltd.MLS® #C12541906
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Not Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 11.12 x 10.24ft
- Dining
- 10.86 x 8.66ft
- Kitchen
- 10.86 x 8.66ft
- Bedroom
- 11.12 x 10.53ft
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore King West
Map
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
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
Household Income
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%
Building Trends At Downtown Condos
Days on Strata
Units at Downtown Condos spend an average of
43
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Lofts in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
6.3
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
39th
Highest price per SQFT out of 120 condos in the King West area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
Downtown Condos offers the best value out of 120 condos in the King West neighbourhood
?
Appreciation Rank
Downtown Condos has the highest ROI out of 120 condos in the King West neighbourhood
?
Rental Yield
Downtown Condos yields the highest rent prices out of 120 condos in the King West neighbourhood
?
High Demand
Downtown Condos is the most popular building out of 120 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Downtown Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $519,000 | No Data | No Data | $1,178,000 | No Data |
| Avg. Cost Per Sqft | No Data | $849 | No Data | No Data | $1,070 | No Data |
| Price Range | $2,000 | $2,000 - $2,450 | $2,700 | No Data | $6,500 | $7,500 |
| Avg. Wait for Unit Availability | No Data | 89 Days | 913 Days | No Data | 478 Days | No Data |
| Avg. Wait for Unit Availability | 392 Days | 31 Days | 1852 Days | 467 Days | 339 Days | 2806 Days |
| Ratio of Units in Building | 3% | 74% | 6% | 7% | 10% | 3% |
Market Inventory
Total number of units listed and leased in King West
