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    436 Wellington Street W

    0for Sale
    0for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    6
    Number of Units:
    34
    Condo Completion:
    1997
    Condo Demand:
    No Data
    Unit Size Range:
    858 - 5,300 SQFT
    Unit Availability:
    Low

    Listing History for The Worx

    Receive listing updates for King West

    Amenities

    Bike Storage
    BBQs Allowed
    Security System

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 436 Wellington Street WThe Worx

    The century-old former factory at 436 Wellington Street West can be described by terms such as authentic, historical, as well as one of the biggest buzzwords as of late — vintage. So while those seeking contemporary glass and perfectly clean lines may fail to be impressed by the hard lofts at the Worx, others who admire character, heritage, and the charm that can only accompany a slightly worn in structure will instantly fall for these homes.

    Originally dubbed the Monarch Building upon its conception in 1915, the Worx now takes its title from the eponymous Worx company, which purchased the structure in 1948. From the late 1940’s onward the building adopted a meta-industrial function: the factory churned out conveyor belts for factories not unlike itself.

    In 1998, however, during Toronto’s first wave of industrial-to-residential conversions, the 6-storey Worx building became home to 34 authentic Toronto lofts. Carried out by Cityscape Development Corp., the development was successful in safeguarding the personality of the structure, while providing up to date homes for modern residents to enjoy.

    The Suites

    The brick and beam construction of this early 20th century structure has allowed units to be changed drastically, even since its latest conversion — entire walls may be removed without causing structural damage, and so on. The layout of each unit therefore has the potential to differ dramatically, depending on the tastes of previous owners.

    Unlike some more recent hard lofts in the city, the Worx has upheld a residential function for some time now. Owners have had ample time to make improvements before reselling — although most wouldn’t dare mess with the authentic qualities preserved in the original renovation. These features include exposed red bricks and beams, hardwood floors, 10-foot ceilings, and expansive windows.

    Lofts range in size from around 950 to 2,000 square feet — far larger than most Toronto condos for sale on the market today — with smaller units comprising one storey and larger penthouses covering two . The penthouse suites take over the top two levels of the Worx building, each boasting spacious walkout patios. Certain units even offer residents direct elevator-to-suite access, for an added sense of privacy and exclusivity.

    The Neighbourhood

    Located in the ultra-trendy King West neighbourhood, the lofts are surrounded by entertainment and amenities that could keep one busy for an eternity. Along King Street West, boutiques and galleries alternate with fashionable cocktail bars, upscale steakhouses, and innovative fusion eateries.

    Adelaide and Richmond Streets cater to partygoers, who can dance or sip craft brews late into the night. The lofts are also within walking distance of the Rogers Centre and the Scotiabank Arena, where residents can check out sporting events or some of the hottest concerts of the year.

    Nature lovers will rejoice in the green space that surrounds 436 Wellington Street. Just down Wellington in either direction are the equally charming Clarence Square and Victoria Memorial Parks. A slightly longer journey will land one at Coronation and HTO Parks along the shores of Lake Ontario, or to Trinity Bellwoods Park on Queen Street West.

    Culture enthusiasts will also be able to explore the contemporary gallery spaces in the Niagara area, while larger institutions such as the AGO and the ROM are still only a walk or a quick ride away.

    Transportation

    Travel to and from the Worx is straightforward, by any means of transportation. For passengers who rely on public transit to get around, St. Andrew and Union Stations are only a streetcar ride away. From here, the rest of the city is accessible in no time. And for those traveling beyond the borders of Toronto, Union Station offers connections with GO Transit, VIA Rail, and the UP service to Pearson International Airport.

    Car owners living at 436 Wellington Street will make great use of their proximity to the Gardiner Expressway, which carries drivers along the southern end of the city. This highway also offers the options of merging with the Don Valley Parkway to the east or the 427 to the west for movement and south.

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    Explore Neighbourhood

    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 lofts

    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

    The Worx vs The King West Area

    Days on Strata

    Units at The Worx spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts 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
    4.1
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Worx offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    The Worx has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    The Worx yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    The Worx is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 436 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data545 Days417 Days900 DaysNo DataNo Data
    Ratio of Units in Building4%29%44%19%4%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West