270 Wellington St W 523
Waterfront Communities C1, Downtown Toronto, M5V 2V5
FOR SALE
$620,000
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Property Description
Easy, turn key living at 270 Wellington Street West. Recently renovated urban oasis in the heart of the Entertainment District! Gorgeous finishes, modern open concept layout. This condo is located in a well respected building with a ton of amenities. Situated in the central core, the property is within walking distance to trendy shops, restaurants and boutiques. Tom Ripley's Aquarium, CN Tower, TIFF Bell Lightbox, Rogers Place, top restaurants/bars, grocery stores, TTC, Union station, shopping, and theaters are all a short walk away. 100 Transit score, 90 Walk score, and 95 Bike score, no need for a car, everything you need is just steps away. Live, work, and play in the Entertainment District. Simply move-in and enjoy!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-12 | 2023-12-29 | 47 | $593,000 | $565,000 | Sold |
| 2023-11-12 | 2023-12-30 | 48 | $2,500 | - | Terminated |
| 2023-10-27 | 2023-11-11 | 15 | $595,000 | - | Terminated |
| 2023-09-01 | 2023-10-26 | 55 | $595,000 | - | Terminated |
| 2023-01-04 | 2023-03-31 | 86 | $639,000 | - | Expired |
| 2022-07-27 | 2022-08-09 | 13 | $2,500 | $2,600 | Leased |
| 2022-07-04 | 2022-07-16 | 12 | $2,500 | $2,500 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,338 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.45' x 11.84' | Open Concept, Renovated, Combined W/Dining |
| Living | Main | 10.24' x 13.32' | Combined W/Dining, Hardwood Floor, Window Flr to Ceil |
| Den | Main | 9.19' x 10.24' | Combined W/Living, Hardwood Floor, Open Concept |
| Br | Main | 9.48' x 14.96' | Large Closet, Window, Updated |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
270 Wellington St W 523 is a 1-bedroom 1-bathroom condo listed for sale at $620,000, which is $50,617 (8.9%) higher than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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