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    400 Wellington Street W

    1for Sale
    5for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    102
    Condo Completion:
    2012
    Condo Demand:
    Medium
    Unit Size Range:
    509 - 1,915 SQFT
    Unit Availability:
    Low

    Listing History for 400 Wellington

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    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 400 Wellington Street W400 Wellington

    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.

    Reviews for 400 Wellington

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    1

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    Explore King West

    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.

    Similar condos

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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%

    Maintenance Fees

    400 Wellington vs The King West Area

    Days on Strata

    Units at 400 Wellington spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    7.3
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    58th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    400 Wellington offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    400 Wellington has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    400 Wellington yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    400 Wellington is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 400 Wellington Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$525,000 - $774,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$946No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability172 Days539 Days83 DaysNo DataNo Data
    Ratio of Units in Building33%9%53%3%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West