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    508 - 400 Wellington Street W

    King West, Downtown, Toronto
    For Rent400 Wellington
    $5,200/mth
    2 Beds
    2 Bath
    1 Parking
    1,095 SQFT
    19 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Possession Date:
    June 1, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Open Concept, Walkout To Balcony, Large Window
    19.29 x 16.08ft
    Dining
    Open Concept, Combined with Living, Large Window
    19.29 x 16.08ft
    Kitchen
    Open Concept, Stainless Steel Appliances, Centre Island
    13.16 x 9.02ft

    About this Listing

    AVAILABLE BOTH FURNISHED AND UNFURNISHED - Boutique living in the heart of downtown. This split layout 2 bed/2 bath CORNER unit with large living / dining space perfect for entertaining. Nestled in a quiet section of Toronto's most sought-after and landscaped streets, it provides privacy, security and exclusive amenities to a small community. Stunning Tree Top & City Skyline Views. Convenience meets luxury as you step outside your doorstep and find yourself just a stone's throw away from The Well, a vibrant hub of amenities, including shops, restaurants, and entertainment venues. Indulge in the finest culinary experiences along King Street and explore the eclectic shopping scene on Queen Street, all within easy reach of your new home. Experience the best of Toronto's attractions within walking distance, from iconic landmarks to cultural hotspots. Truly the best of Toronto living!

    keller williams referred urban pierre carapetian group realtyMLS® #C8276340

    Amenities

    Bike Storage
    BBQ
    Gym Room
    Concierge
    Indoor Parking
    Party Room

    Nearby Amenities

    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%

    Price Trends

    Building Trends At 400 Wellington

    Days on Strata

    Units at 400 Wellington spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -30%
    Decrease in property value within the past twelve months

    Price Ranking

    56th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    400 Wellington offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    400 Wellington has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    400 Wellington yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    400 Wellington is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 400 Wellington Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$520,000 - $525,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$973No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability198 Days1617 Days83 DaysNo DataNo Data
    Ratio of Units in Building33%8%54%3%5%

    Maintenance Fees

    400 Wellington vs The King West Area

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