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    Toronto / Downtown / King West

    302 - 400 Wellington St W

    For Rent400 Wellington
    $2,600/mth
    Price Cut: $2,750
    1 Bed
    1 Bath
    0 Parking
    632 SQFT
    27 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    Large Window, Large Closet, Hardwood Floor
    10.83 x 12.8ft
    Kitchen
    Stainless Steel Appliances, Large Window, Hardwood Floor
    11.65 x 19.03ft
    Living
    Walkout To Balcony, Hardwood Floor
    11.65 x 19.03ft

    About this Listing

    Live on one of the most sought after streets in DT Toronto! Welcome to 400 Wellington, a Boutique Residence directly across from The Well's 420,000+sq ft of upscale dining & shopping including the Well Market! Steps to the Entertainment district and more! This 632 sq/ft unit is bright and airy and contains large windows and a balcony. It has been recently upgraded with new vinyl flooring, new lighting & counter tops and comes complete with Stainless Steel Appliances, modern faucets, door handles, trim & brushed concrete ceilings. Available Furnished or Unfurnished! Timing of Occupancy is Flexible. Parking is available in the building for Extra Fee. For furnished Listing: See MLS# C9417035

    ExtrasFridge, Stove, Dishwasher, Stacked Washer & Dryer, All Existing Window Coverings.

    re/max professionals inc.MLS® #C9416902

    Amenities

    Concierge
    Bike Storage
    Security System
    Gym Room
    BBQs Allowed
    Party Room

    Explore Neighbourhood

    9/10
    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.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    400 Wellington vs The King West Area

    Building Trends At 400 Wellington

    Days on Strata

    Units at 400 Wellington spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    7.3
    YEARS before being sold again

    Property Value

    -27%
    Decrease in property value within the past twelve months

    Price Ranking

    48th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    400 Wellington offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    400 Wellington has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    400 Wellington yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    400 Wellington is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 400 Wellington Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$520,000 - $774,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$967No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability172 Days539 Days83 DaysNo DataNo Data
    Ratio of Units in Building33%9%53%3%5%

    Transactions vs Inventory

    Total number of units listed and leased in King West