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    417 - 270 Wellington St W

    For SaleIcon I Condos
    $865,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,000 SQFT
    51 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,192/mth
    Taxes:
    $3,411 (2023)
    Cost Per Sqft:
    $865/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    November 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    18.64 x 8.99ft
    2nd Bedroom
    11.68 x 9.19ft
    Den
    0 x 0ft

    About this Listing

    This is the one! This meticulously kept and maintained unit offers upwards pf 968 SQFT of interior living space in a highly sought after and central location. Freshly painted highest quality interior Benjamin Paint. The building, Icon by TRIDEL, is equally as impressive as the unit. The epitome of the urban downtown metropolitan experience! Enjoy your exciting life in downtown without having to worry about a single utility payment; THATS RIGHT! This unit is ALL INCLUSIVE! Heat, water and hydro all covered in maintenance. The primary impressively large bedroom comes equipped with a full sized walk in closet they do not build them like this ANYMORE! Work from home? You have up to three choices; the primary bedroom offers up extensive space for a office, the 2nd bedroom can comfortably fit SEVERAL desks, and of course the den by the door can function as a office. Go to the office? Take advantage of the rare parking spot offered in this area or walk to the office or subway. Parking is quite scarce in this part of downtown Toronto. Yet if there is no need to drive, rest assured this location is 2nd to none as it is withing walking distance to the business sector. Never have i ever seen more suitable for a vast array of different buyers; from young working professionals in search for looking to start a family to downsizers looking for space and safety. THIS UNIT HAS IT ALL! Bonus: just take a look at all the storage space INSIDE the unit on addition to storage locker

    ExtrasGranite Countertops, Spotless Hardwood Flooring, Bosche Stainless Steel Appliances, Bosche Fischer Paykel Stainless Steel Fridge, Designer Closet Organizers, California Organizers In Closets, Designer Lighting, Laundry W/Organizer

    re/max realtron realty inc.MLS® #C9376063


    Amenities

    Concierge
    Security System
    Lap Pool
    Indoor Parking
    Rooftop Deck
    Gym Room

    Explore Neighbourhood

    10/10
    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.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

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    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%

    Maintenance Fees

    Icon I Condos vs The King West Area

    Days on Strata

    Units at Icon I Condos spend an average of
    23
    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
    5.8
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    52nd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    Icon I Condos offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Icon I Condos has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Icon I Condos yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Icon I Condos is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 270 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$480,000$540,000 - $550,000$519,000 - $635,000$851,000 - $1,000,000No Data
    Avg. Cost Per Sqft$1,153$906$888$840No Data
    Avg. Wait for Unit Availability329 Days85 Days57 Days131 Days1463 Days
    Ratio of Units in Building6%30%45%18%3%

    Transactions vs Inventory

    Total number of units listed and sold in King West