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    Icon II

    250 Wellington Street W

    5for Sale
    4for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    304
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    382 - 2,000 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Icon II

    Amenities

    Indoor Parking
    Lap Pool
    Gym Room
    BBQ
    Sauna
    Rooftop Deck

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 250 Wellington Street WIcon II

    The Icon I Condos, built in 2002, were so iconic that the city clearly needed more. As a result, Tridel happily built the Icon II Condos the following year, located just next door at 250 Wellington Street West. Following in its predecessor’s footsteps, the Icon II Condos have been pleasing residents and impressing their guests for nearly two decades now.

    In fact, the building reaches to 18 storeys tall — climbing 6 storeys higher than the Icon I Condos. Perhaps this really says something about the demand for homes in the complex. Still, the edifice at 250 Wellington West doesn’t overwhelm the King West neighbourhood with height, and nor does it need to.

    While the classic red brick, steel, and glass façade is truly something to admire — it’s traditional and timeless all rolled into one — it’s the amenities that are the true selling point for the younger demographic that has been so attracted to the building.

    Not only are the standard amenities available to residents living at 250 Wellington West — a gym, concierge, and visitor parking — but it only gets better from there. Residents can also make use of a cyber lounge, perfect for millennials who work in the gig economy, and there’s on-site bicycle parking for those who plan to commute to work in an eco-friendly manner. Catering to the younger demographic that gravitates toward the building, the Icon II Condos also has a significant online presence.

    Retail shops can also be found along the ground level of the building, adding a level of convenience not found in all residential buildings. The gym at the Icon II Condos features a swimming pool and cedar saunas, and to top it all off (literally), the building boasts an enviable rooftop terrace with barbecues for all to share.

    The Suites

    With 304 units spread out over the 18-storey building at 250 Wellington West, all sorts of prospective buyers can find what they are looking for. Suites range in size from approximately 450 to around 1,900 square feet, yet all of the downtown Toronto condos for sale in the building boast a warm and welcoming vibe.

    The warmth can undoubtedly be attributed to the large windows that usher natural lighting into the suites at 250 Wellington West. Those who love spending time outdoors can even do so from the comfort of their own homes — all of the units in the building feature balconies, whether Juliet or walk-out. Unfortunately barbecues aren’t permitted in theses spaces, but thankfully grill-offs can be held on the common terrace up on the roof.

    The living spaces are minimalist and sleek, thanks to open concept floor plans and clean lines throughout. Elevating these spaces just a touch, though, are elegant details like hardwood floors, 8-9 foot ceilings, and marble window sills.

    And while living rooms and bedrooms are luxurious, things are kicked up a notch in the bathrooms and kitchens. The former boasts deep soaker tubs, marble countertops, and ceramic tile floors, while kitchens at 250 Wellington West boast Whirlpool appliances, granite counters, and ceramic backsplashes.

    The Neighbourhood

    It would be shocking if a resident ever complained about living between two exciting neighbourhoods: King West and the Entertainment District. This is because there is truly something for everyone here. Even those who love to escape city life now and then are situated close to Lake Ontario with its green parks and balmy beaches — and the Billy Bishop Toronto City Airport for those who literally want to get out of town.

    But the immediate area surrounding the Icon II Condos has so much to offer, meaning most residents will be happy to spend much of their spare time here. King Street offers some of the best choices in the city for elegant — and upscale — dining and drinking, while the Entertainment District is the place to go for large-scale sporting events and concerts.

    Even those who prefer to stay in and cook will love the locale of the Icon II Condos: the Fresh and Wild Food Market takes about 6 minutes to reach on foot, while a 15-minute walk will land one at the expansive Loblaws over at Queen and Portland.

    Transportation

    Even the dreaded morning commute is made easier by simply living at 250 Wellington West. Residents can easily head out to reach all areas of the city, by car or bicycle, on foot, or even if one pleases, by ferry or plane.

    Those who frequent the TTC can head to King in order to catch a streetcar that will carry travelers toward the Yonge-University-Spadina subway line. Alternatively, those looking to ride east or west along the Bloor-Danforth line can use the northbound Spadina streetcars to reach Spadina Station.

    Not only can drivers utilize major arterial roads like Spadina and Front to get around with ease, but the Gardiner Expressway is also just minutes away, accessible via Spadina.

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    Explore Neighbourhood

    10/10
    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.
    6/10
    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%

    Days on Strata

    Units at Icon II spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    46th
    Highest price per SQFT out of 99 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Icon II offers the
    ?
    best value out of 99 condos in the King West neighbourhood

    Appreciation Rank

    Icon II has the
    ?
    highest ROI out of 99 condos in the King West neighbourhood

    Rental Yield

    Icon II yields the
    ?
    highest rent prices out of 99 condos in the King West neighbourhood

    High Demand

    Icon II is the
    ?
    most popular building out of 99 condos in the King West neighbourhood

    Transaction Insights at 250 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$423,000 - $555,000$540,544 - $568,800No Data$814,000 - $815,800No Data
    Avg. Cost Per SqftNo Data$953$986No Data$935No Data
    Avg. Wait for Unit Availability486 Days129 Days45 Days189 Days275 DaysNo Data
    Ratio of Units in Building7%26%51%12%7%1%

    Maintenance Fees

    Icon II vs The King West Area

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