A pic from exterior of the house or condo, the view of city buildings for 508 Wellington St #204, Toronto Ontario M5V 0K8
44 days on Market

508 Wellington St #204, Toronto, Ontario M5V 0K8

In the same building:
-
Condo
1
1
~600-699 sqft
$549,000
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$850/sqft

Est. Mortgage$2,358/mo

Maintenance fees$603/mo

Tax Amount (2023)$2,798/yr

Days On Market44 days


Description

Step into one of Toronto's most coveted boutique residences, The Downtown Condos at 508 WellingtonSt.W. This spacious 1-bedroom/1-bathroom unit, with its floor to ceiling south-facing windows, offers 646 square feet of open-concept living space. Nestled in the vibrant heart of King West, enjoy the convenience of being mere steps away from the bustling Entertainment District, Toronto's newest hot spot The Well, public transportation, and easy highway access for commuters.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11882166
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Prim Bdrm

0.00 x 0.00

Laminate / Closet / Sliding Doors

Living

0.00 x 0.00

Laminate / Combined W/Dining / Juliette Balcony

Dining

0.00 x 0.00

Laminate / Combined W/Living / Open Concept

Kitchen

0.00 x 0.00

Laminate / Stainless Steel Appl / Backsplash


Features

Patio: Jlte
Balcony: Jlte

2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

45 days

2023

34 days

2022

28 days

New Listings

Past 30 days

401 listings

Compared to

2024

279 listings

2023

207 listings

2022

74 listings

Units sold

Past 30 days

25 units

Compared to

2024

50 units

2023

29 units

2022

96 units

Median Sold Price

Past 30 days

$649,000

Compared to

2024

$700,000

2023

$655,000

2022

$745,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget