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    Toronto / Downtown / King West

    PH1001 - 500 Wellington St W

    For Rent500 Wellington West
    $22,500/mth
    3 Beds
    3 Bath
    1 Parking
    4,000 - 4,249 SQFT
    66 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 4, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    Partially
    Exposure:
    South East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Pool, Combined with Dining
    37.9 x 26.81ft
    Dining
    Hardwood Floor, Windows Floor to Ceiling, Combined with Living
    37.9 x 26.81ft
    Kitchen
    Hardwood Floor, Modern Kitchen, Built-in Appliances
    20.41 x 23ft

    About this Listing

    The Ultimate Full Floor Penthouse In Toronto's Most Exclusive Residence. Approximately 6,200 Sqft Of Professionally Designed Living Space, Including A 2,000 Sqft Private Rooftop Terrace With A Raised Glass Pool, Hot Tub, Outdoor Kitchen, And Unobstructed Panoramic City Views. This Opulent Penthouse Boasts 2 Private Elevators, 10-Foot Smooth Ceilings, Floor-To-Ceiling Windows, A Gourmet Scavolini Kitchen, Wide Plank Hardwood Flooring And A Wood-Burning Fireplace With A Stunning Marble Feature Wall.

    ExtrasSub Zero Fridge/Freezer W/Glass Door, Sub Zero Wine Fridge, Viking Glass Cook Top, Viking Microwave, Gaggenau Dishwasher, Double Thick Edged Marble Counter Tops, Closet Organizers, Outdoor Bbq Station.

    psrMLS® #C9358725

    Amenities

    BBQs Allowed
    Visitor Parking
    Security System
    Concierge

    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 Listings

    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%

    Price Trends

    Building Trends At 500 Wellington West

    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
    compared to other buildings in King West

    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 101 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 101 condos in the King West neighbourhood

    Appreciation Rank

    500 Wellington West has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    500 Wellington West yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    500 Wellington West is the
    ?
    most popular building out of 101 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%

    Transactions vs Inventory

    Total number of units listed and leased in King West