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908 - 400 Wellington Street W

King West, Downtown, Toronto

For Sale400 Wellington

$1,039,000

2 Beds

2 Bath

1 Parking

900 - 999 SQFT

14 Days on Strata

Est Sell Timeframe

16 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$1,040 - $1,154/sqft

Maintenance Fees:

$760/mth

Taxes:

$3,831 (2023)

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South West

Possession Date:

April 30, 2024

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Heat Pump
Ensuite Laundry: Yes

Room Dimensions

Room dimensions are not available for this listing.

About this Listing

A boutique building in the heart of downtown. This split layout 2 bed/2 bath, 9ft ceiling, perfectly appointed to the most sophisticated owners. 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 at low maintenance costs. A short walk to the Well, Toronto's entertainment, fashion and hi-tech districts.This layout features a unique cantilevered balcony with west, north and south views. Features of this unit include 9-foot smoothed-out white ceilings with an ultra-matte polished finish, double kitchen sink, high-end Deco blinds, mosaic tile design in walk-in glass shower, end-to-end West-facing windows, independent climate control with 2 HVAC units, front-loading washer and dryer, engineered hardwood throughout, a spacious kitchen with generous storage and an in-suite storage room/ pantry.

ExtrasClick on Virtual Tour for more information about the neighbourhood, walk scores and schools.

royal lepage signature realtyMLS® #C8261352

Amenities

Indoor Parking

Gym Room

Party Room

Bike Storage

BBQ

Security System

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

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

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

71%

Mandarin

14%

Cantonese

Tamil

Arabic

Tagalog

Spanish

Korean

Education

University and Above

43%

High School

21%

College

15%

None

13%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

25%

Architecture & Engineering

18%

Health & Related Fields

11%

Social Sciences

10%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Price Trends

Building Trends At 400 Wellington

Days on Strata

Units at 400 Wellington spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

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

-27%

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

Units were Sold over the past twelve months

Rented Units

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 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed
Price Range	$520,000 - $525,000	No Data	No Data	No Data	No Data
Avg. Cost Per Sqft	$973	No Data	No Data	No Data	No Data
Price Range	$2,600	$2,975	$3,350 - $5,100	No Data	$5,800
Avg. Wait for Unit Availability	198 Days	1617 Days	83 Days	No Data	No Data
Avg. Wait for Unit Availability	64 Days	615 Days	54 Days	No Data	607 Days
Ratio of Units in Building	33%	8%	54%	3%	5%

Maintenance Fees

400 Wellington vs The King West Area

908 - 400 Wellington Street W

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At 400 Wellington

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 400 Wellington Street W

Maintenance Fees

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