400 Wellington
1Listing for Salefor Sale
2Listings for Rentfor Rent
400 Wellington St W
400 Wellington
400 Wellington St Wexpand addresses list
    1Listing for Salefor Sale
    2Listings for Rentfor Rent
    Walk Score
    98
    Transit Score
    100
    Bike Score
    73
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    low
    Property Type
    Condo
    Developer
    Sorbara Group
    Condo Completion
    2012
    Property Management
    T.S.E. Management Services Inc
    Unit Size Range
    511 - 1915 SQFT
    Number of Units
    102
    Number of Storeys
    11

    400 Wellington St W | 400 Wellington | Toronto, ON

    About this condo

    Condo Overview

    Developed by Sobara Group, 400 Wellington St West offers residents a peaceful enclave in the heart of King West neighbourhood. Amenities in this building are humble by design and focused on convenience instead of flash — after all, what’s the point of living in an urban playground if you’re not going to go outside and play? Building amenities include: a parking garage, a concierge, and a party room.

    Pets are permitted in the building, so residents can make use of the dog park 3 minutes away at Clarence Square Park. King West condos for sale are a great choice for anyone — couples, singles, families — with so much entertainment around and so many schools nearby, there are few areas that can serve as a home to such a diverse group of people.

    The Suites

    Condos at 400 Wellington have a modern, industrial vibe — there are nine-foot concrete ceilings, wide walls, floor to ceiling windows, and units generally feature minimalist design. Units have a mix of terraces, decks, and balconies depending on location in the building. Finishes vary but expect hardwood floors and stone countertops in most units.

    There are 102 downtown Toronto condos in this building, based on 21 different layouts for 1 bedroom, 2 bedroom, 2 bedroom + den, and 3 bedroom suites. Square footage fluctuates from unit to unit, ranging from 514 for a 1 bedroom to 1790 square feet for the largest penthouse.

    The Neighbourhood

    King West is an incredibly desirable neighbourhood, from many streets within this area you can see the city skyline without needing to be atop a towering high-rise. And if the scenery doesn't entice you — the sights and sounds of the Entertainment District surely will.

    Toronto has a passionate sports community and this location is perfect for anyone who keeps up with the Jays, Leafs, Raptors, Argos, or TFC; fans who live at 400 Wellington have the luxury of walking to the Rogers centre and enjoying the crowds rather than trying to beat them. Additionally, BMO field is about a 30 minute walk from your front door, and you can reach the Scotiabank Arena in less than 25 mins — there are TTC alternatives if you don’t feel like walking.

    For food, nightlife, and live music; you have a plethora of excellent choices. If you’re looking for a restaurant close to home, La Sélect Bistro is just down the street on Wellington, or there’s Rodney’s Oyster House on King, and many others nearby. And if Friday night rolls around and you feel like you really need to play some ping pong in a massive bar — then Spin Toronto is literally around the corner. Plus, there are many more Pubs on King, like Bier Markt King West, Fynn’s of Temple Bar, and Bar Hop.

    Music lovers have plenty of selection; the Scotiabank Arena regularly hosts some of the biggest bands and stars in the world. For a more intimate experience, there is the Velvet Underground on Queen for Alt rock, the Cameron House for local talent, and the Roy Thomson Hall on Simcoe where the Toronto Orchestra play.

    For groceries, there is a nearby Fresh and Wild food Market on Spadina, a Loblaws on Queen, and a LCBO on the corner of Spadina and King.

    Transportation

    As if 400 Wellington did not have enough to offer as is — it has a 98 Walk Score. Walking to pick up the essentials should be a breeze and there is always an option to take out the bike and use the lanes on Wellington instead.

    If your plans require more travel, the TTC has streetcar service on King. There is also the option of walking to Union Station for GO Transit.

    Drivers won’t feel left out in King West as it is a driver friendly area. Residents of 400 Wellington can leave the Parking garage knowing that they are minutes away from the Gardiner expressway, via Spadina Avenue. And if you’re heading to cottage country for the weekend, you can easily connect to the Don Valley Parkway from the Gardiner Expressway, and follow that north to the 401.

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Security System
    Underground Parking
    Gym
    Party/Meeting Room
    Visitor Parking
    Concierge
    BBQ

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    400 Wellington vs The King West Area

    $4.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    400 Wellington's Avg
    price per SQFT
    $1,021
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,025
    / SQFT

    Building Trends At 400 Wellington

    Days on Market

    Units at 400 Wellington spend an average of
    45
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    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
    6.3
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    45th
    Highest price per SQFT out of 91 condos in the King West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value

    400 Wellington offers the
    ?
    best value out of 91 condos in the King West neighbourhood

    Return on Investment

    400 Wellington has the
    ?
    highest ROI out of 91 condos in the King West neighbourhood

    Rental Yield

    400 Wellington yields the
    ?
    highest rent prices out of 91 condos in the King West neighbourhood

    High Demand

    400 Wellington is the
    ?
    most popular building out of 91 condos in the King West neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed564 - 811 SQFT
    Average Cost Per Sqft$914
    Sales Price Range$511,180 - $600,000
    Rental Price Range$1,800 - $2,400
    1 Bed + Den865 - 865 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,500 - $2,500
    2 Bed811 - 1100 SQFT
    Average Cost Per Sqft$1,033
    Sales Price Range$870,000 - $1,140,000
    Rental Price Range$2,350 - $3,950
    3 Bed1432 - 1432 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$3,650 - $3,650

    How Often Are Units Listed?

    1 Bed511 - 871 SQFT
    Average Sales Availability
    Every164Days
    Average Rental Availability
    Every62Days
    Ratio of Unit Type in Building34%
    1 Bed + Den726 - 1200 SQFT
    Average Sales Availability
    Every778Days
    Average Rental Availability
    Every816Days
    Ratio of Unit Type in Building7%
    2 Bed811 - 1200 SQFT
    Average Sales Availability
    Every84Days
    Average Rental Availability
    Every49Days
    Ratio of Unit Type in Building55%
    2 Bed + Den1915 - 1915 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building3%
    3 Bed1432 - 1530 SQFT
    Average Sales Availability
    Every2686Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building4%

    Maintenance Fees
    400 Wellington vs The King West Area

    $0.06
    Less Expensive
    per SQFT compared to the neighbourhood average
    400 Wellington's Avg
    monthly maintenance
    fee per SQFT
    $0.66
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.72
    / SQFT

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