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    500 Wellington West

    500 Wellington Street W

    1for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    16
    Condo Completion:
    2012
    Condo Demand:
    No Data
    Unit Size Range:
    2,400 - 5,859 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 500 Wellington West

    Amenities

    Security System
    Concierge
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 500 Wellington Street W500 Wellington West

    If you are a budget minded loft buyer — now would be a good time to avert your eyes.

    Built in 2011 by Freed Developments, 500 Wellington Street West is an exclusive property offering 17 Toronto lofts spread out over 10 storeys. While many buildings attempt to appeal to buyers of all price ranges by offering both affordable and executive Toronto condos for sale — 500 Wellington is not one of those buildings. From concept to completion, this property was designed with high-end buyers in mind and these King West condos have the square footage and finishes to prove it.

    500 Wellington West is a privacy focused building, providing amenities that are in line with a boutique development; security guard, parking, and a rooftop terrace with barbeques. But you won’t need an extensive list of amenities with a loft at 500 Wellington, because your neighbourhood has a slew of options for recreation, green spaces, nightlife and community.

    So, if you’ve been searching for that perfect executive home to match your executive lifestyle — 500 Wellington West has the lofts you’re looking for.

    The Suites

    Lofts at 500 Wellington Street West are unapologetically exclusive, ranging from 2500 square feet to a colossal 6000 for a penthouse. Suites feature walls of floor to ceiling windows, private elevator access, ten-foot-ceilings, stainless steel appliances, massive open concept layouts with minimalist designs, concrete pillars, hardwood flooring throughout the living space and marble floors and vanities in the bathrooms.

    Some of the most prestigious suites in this building have wrap around terraces with private pools or hot tubs, home theatres, wine cellars and personal gyms; a suite in this building can give you everything you would want from a mansion in the suburbs but located in a vibrant urban community.

    The Neighbourhood

    500 wellington Street West is situated in the King West neighbourhood and is part of Toronto’s renowned Fashion District. Considering its urban location, you might expect to be surrounded by towering high-rises but that could not be further from the truth — Wellington is surprisingly tucked away from the hustle and bustle of downtown Toronto, in spite of the fact that it is minutes form the Rogers Centre.

    Within King West you'll find all the convenience of Urban living — and 500 Wellington is poised to take advantage of all that this community has to offer. From your private elevator, you are minutes from tantalizing five star dining. Feeling like Italian cuisine for dinner? You have Buca and Gusto 101 on Portland — both of which have received raving reviews for their cuisine and décor. Or maybe you want that perfect Steak? Jacobs Co. Steakhouse on Brant Street or the Keg Steakhouse on King, are bound to please.

    Sometimes you need a strong espresso in the morning — most people drive to their favorite location or settle for something convenient — residents at 500 Wellington have their favorite cafés all within walking distance; there is Jimmy’s Coffee on Portland, or Quantum Coffee, Brioche Dorée, and Aroma Espresso bar on King.

    Living in King West you are certain to be entertained; sports fans can stroll to the Rogers Centre, or easily take TTC to the Scotiabank Arena. There are pubs in the area for a quiet drink — or clubs for a livelier experience. You have quick access to Toronto’s novelty attractions like the CN Tower, Steam Whistle Brewery, Ripley’s Aquarium and more.

    Greens spaces are usually in short supply but not for residents of 500 Wellington West; beautiful Victoria Memorial Park is 200 meters west, and Clarence Square Park is less than 500 meters east. In fact, the only downside to living in this neighbourhood will be the jealous stares and envious sighing of your friends and extended family.

    Transportation

    Boasting a Walk Score of 97, this is a prime location for walkers. There are several grocery stores in close proximity, making it easy to grab the essentials. Bikers should find Wellington easy to navigate and can quickly reach lanes for traversing the city. Those who require public transit have streetcars on King to connect to buses and subway stations.

    Drivers have private parking at 500 Wellington — the convenience continues on the road — a quick trip down Spadina will have you on the Gardiner Expressway or the Lakeshore Boulevard, bypassing most of city traffic.

    1

    Listings For Sale

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    Listings For Rent

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    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%

    Days on Strata

    Units at 500 Wellington West spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    4.4
    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 98 condos in the King West area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 500 Wellington Street W

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data652 DaysNo Data166 Days
    Ratio of Units in Building19%50%13%19%

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