500 Wellington West
1Listing for Salefor Sale
0Listings for Rentfor Rent
500 Wellington St W
500 Wellington West
500 Wellington St Wexpand addresses list
    1Listing for Salefor Sale
    0Listings for Rentfor Rent
    Walk Score
    97
    Transit Score
    100
    Bike Score
    70
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    low
    Property Type
    Condo
    Developer
    Freed Developments
    Condo Completion
    2012
    Property Management
    First Service Residential
    Unit Size Range
    2400 - 5859 SQFT
    Number of Units
    16
    Number of Storeys
    10

    500 Wellington St W, Toronto

    About this condo

    Condo Overview

    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

    Interested in receiving new listings for sale?

    0

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Security System
    BBQ
    Concierge

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    500 Wellington West vs The King West Area

    $47.00
    More Expensive
    per SQFT compared to the neighbourhood average
    500 Wellington West's Avg
    price per SQFT
    $1,081
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,034
    / SQFT

    Building Trends At 500 Wellington West

    Days on Market

    Units at 500 Wellington West spend an average of
    22
    Days on Market
    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

    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 92 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value

    500 Wellington West offers the
    ?
    best value out of 92 condos in the King West neighbourhood

    Return on Investment

    500 Wellington West has the
    ?
    highest ROI out of 92 condos in the King West neighbourhood

    Rental Yield

    500 Wellington West yields the
    ?
    highest rent prices out of 92 condos in the King West neighbourhood

    High Demand

    500 Wellington West is the
    ?
    most popular building out of 92 condos in the King West neighbourhood

    Sales vs Rental Values For This Condo

    2 Bed + Den2475 - 3400 SQFT
    Average Cost Per Sqft$1,111
    Sales Price Range$2,675,000 - $2,675,000
    Rental Price Range$8,000 - $8,000
    3 Bed3900 - 3900 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$23,500 - $24,000
    3 Bed + Den2475 - 2475 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$8,400 - $8,400

    How Often Are Units Listed?

    2 Bed2460 - 2475 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every509Days
    Ratio of Unit Type in Building20%
    2 Bed + Den2400 - 3400 SQFT
    Average Sales Availability
    Every652Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building54%
    3 Bed3900 - 3900 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every449Days
    Ratio of Unit Type in Building7%
    3 Bed + Den2475 - 5065 SQFT
    Average Sales Availability
    Every166Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building20%

    Maintenance Fees
    500 Wellington West vs The King West Area

    $0.04
    Less Expensive
    per SQFT compared to the neighbourhood average
    500 Wellington West's Avg
    monthly maintenance
    fee per SQFT
    $0.54
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.58
    / SQFT

    Similar condos