508 Wellington St W, unit Ph 01 for sale in King West - image #1
508 Wellington St WUnit Ph 01
Walkability
10/10
Transit
10/10
Bikeability
7/10
© OpenStreetMap
map of location
List Price
$649,000
Sold for
$711/SQFT
Total Days on Market
13
Maintenance
$659/mth
Taxes
$3,938
Property Type
Soft Loft
LOFT Demand
high
Unit Availability
low
Locker
No
Parking
No
Outdoor Space
Terrace
Exposure
South
MLS Restricted Listing
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508 Wellington St W | Unit #Ph 01 at Downtown Condos

Buyer's Market
Balanced
Seller's Market

Listing History for Unit Ph 01

Property Highlights

Unit Details
Air ConditioningCentral AirHeatingHeat PumpHeat SourceGas
Ensuite LaundryYesAge2014

Travel Times

Stats, Trends & Rankings

Price: 
 | 

Downtown Condos vs The King West Area
Downtown Condos's Avg
$948 SQFT
Neighbourhood Avg
$1,032 SQFT

Building Trends At Downtown Condos

Days on Market

Units at Downtown Condos spend an average of
15
Days on Market
based on recent sales

List vs Selling Price

On average, these lofts sell for
2%
below
the list price.

Offer Competition

Lofts in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
6.6
YEARS before being sold again

Property Value

-1%
Decrease in property value within the past twelve months

Price Ranking

56th
Highest price per SQFT out of 95 condos in the King West area

Sold Units

6
Units were Sold over the past twelve months

Rented Units

15
Units were Rented over the past twelve months

Best Value

Downtown Condos offers the
?
best value out of 95 condos in the King West neighbourhood

Return on Investment

Downtown Condos has the
?
highest ROI out of 95 condos in the King West neighbourhood

Rental Yield

Downtown Condos yields the
?
highest rent prices out of 95 condos in the King West neighbourhood

High Demand

Downtown Condos is the
?
most popular building out of 95 condos in the King West neighbourhood

Sales vs Rental Values For This Loft

Studio436 - 436 SQFT
Average Cost Per Sqft
No Data
Sales Price Range
No Data
Rental Price Range$1,850 - $1,850
1 Bed434 - 947 SQFT
Average Cost Per Sqft$966
Sales Price Range$580,000 - $825,000
Rental Price Range$1,725 - $2,950
2 Bed1082 - 1082 SQFT
Average Cost Per Sqft
No Data
Sales Price Range
No Data
Rental Price Range$3,900 - $3,900
2 Bed + Den1089 - 1501 SQFT
Average Cost Per Sqft$966
Sales Price Range$1,075,000 - $1,376,000
Rental Price Range
No Data

How Often Are Units Listed?

Studio436 - 450 SQFT
Average Sales Availability
No Data
Average Rental Availability
Every317Days
Ratio of Unit Type in Building4%
1 Bed377 - 947 SQFT
Average Sales Availability
Every77Days
Average Rental Availability
Every26Days
Ratio of Unit Type in Building75%
1 Bed + Den750 - 900 SQFT
Average Sales Availability
Every913Days
Average Rental Availability
No Data
Ratio of Unit Type in Building5%
2 Bed1082 - 1620 SQFT
Average Sales Availability
No Data
Average Rental Availability
Every383Days
Ratio of Unit Type in Building6%
2 Bed + Den1059 - 2075 SQFT
Average Sales Availability
Every710Days
Average Rental Availability
Every263Days
Ratio of Unit Type in Building11%
3 Bed + Den1603 - 1899 SQFT
Average Sales Availability
Every1327Days
Average Rental Availability
No Data
Ratio of Unit Type in Building3%

Maintenance Fees

Downtown Condos vs The King West Area
Downtown Condos's Avg
monthly maintenance fee
$0.92 / SQFT
Neighbourhood Avg
monthly maintenance fee
$0.81 / SQFT

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