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Sold 40 days Ago

508 Wellington St #606, Toronto, Ontario M5V 0K8

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Property listed by RE/MAX HALLMARK CORBO & KELOS GROUP REALTY LTD., Brokerage

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Market Data - Entertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2023

37 days

2022

22 days

2021

23 days

New Listings

Past 30 days

398 listings

Compared to

2023

317 listings

2022

215 listings

2021

131 listings

Units sold

Past 30 days

45 units

Compared to

2023

59 units

2022

45 units

2021

120 units

Median Sold Price

Past 30 days

$660,000

Compared to

2023

$656,000

2022

$710,000

2021

$739,750

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