Maintenance Fees
Downtown Condos vs The King West Area
for sale
3 Days on Strata
802 - 508 Wellington St
$799,999
1 Bed
1 Bath
1 Parking
787 SQFT
Price History
- Maintenance Fees:
- $949/mth
- Taxes:
- $3,574 (2024)
- Property Type:
- Soft Loft
- Cost Per Sqft:
- $1,017/sqft
- Outdoor Space:
- Juliet Balcony
- Locker:
- Owned
- Possession Date:
- Now
- Exposure:
- South
Amenities
Elevator
Security System
Party Room
Gym
Bike Storage
Concierge
Amenity details for reference only. Independently verify accuracy.
About this Listing
South-Facing 783 Sq.ft Executive Suite in the Heart of King West. Spacious and bright 1-bedroom loft with floor-to-ceiling windows and stunning south-facing city views. This custom-designed 783 Sq.ft unit features wide-plank laminate flooring, a modern kitchen with stainless steel appliances, boasting a large island with ample seating space and a spacious open concept layout. The primary bedroom offers a his & her walk-in closet, plus a stylish ensuite with both a stand-up shower and soaker tub. Located directly across from 'The Well' Torontos newest hub for shopping, dining, and entertainment. Situated between two parks, steps to nightlife, dog park, transit, and major highways (Gardiner& DVP). Urban living at its best in the vibrant King West District. The unit will be freshly painted prior to the sale of the unit. UNIT HAS BEEN FRESHLY PAINTED'
forest hill real estate inc.MLS® #C12556504
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 15.09 x 9.58ft
- Laminate, Juliette Balcony, South View
- Dining
- 15.09 x 10.6ft
- Laminate, Combined with Living, Open Concept
- Kitchen
- 15.09 x 10.6ft
- Laminate, Stainless Steel Appliances, Granite Counter
- Bedroom
- 10.6 x 9.68ft
- Laminate, Walk-in Closet, 4 Piece Ensuite
Buyer's Market
Balanced
Seller'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.
Mortgage Calculator
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 sold in King West
