Maintenance Fees
Downtown Condos vs The King West Area
$6,5002 bds3 ba1 pk1,620 sqft
For RentDowntown Condos
3 Days on Strata
$6,500/mth
2 Beds
3 Bath
1 Parking
1,620 SQFT
Listing History
Details
Ownership Type:
Condominium
Property Type:
Soft Loft
Possession Date:
Immediately
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Terrace
Furnished:
No
Exposure:
South
Locker:
Owned
Laundry:
Upper
Amenities
Rec Room
Rooftop Deck
Party Room
Gym
BBQs Allowed
Bike Storage
Security System
Media Room
Concierge
About this Listing
Welcome To 508 Wellington St W PH04, An Incredible 1620 Sq Ft South Facing, 2 Storey Boutique Penthouse With Huge Terrace In Prime King West! Freshly Painted Throughout With 2 Large Bedrooms, 3 Washrooms, And Open Concept Living / Dining Room Lined With Floor To Ceiling Windows With Walk-Out To Massive Terrace With Gas Hookup - Perfect For Summer Entertaining and Relaxing In Style. A Sleek Modern Kitchen Includes High End Designer Appliances And Functional Centre Island. The Primary Bedroom Retreat Comes Complete With 5 Piece Ensuite And Walk-In Closet. Bonus Den Space Offers Ample Room For Home Office Space. Steps To Everything King West Has To Offer. Building Amenities Include Rooftop Terrace With BBQs, Party Room, Media Room, Gym, And Concierge.
ExtrasPaneled Liebherr Fridge, Built-In Stainless Steel Fulgor Oven, Fulgor Stove-Top, Paneled Blomberg Dishwasher, Stainless Steel Panasonic Microwave, Whirlpool Washer & Dryer. 1 Parking Space And 1 Locker Included.
core assets real estateMLS® #C12089031
Fees & Utilities
Utilities Included
Rent Includes
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Living
Open Concept, Windows Floor to Ceiling, Walkout To Terrace
11.58 x 17.09ft
Dining
Combined with Living, Walkout To Terrace, Windows Floor to Ceiling
15.19 x 12.11ft
Kitchen
Modern Kitchen, Built-in Appliances, O/Looks Living
13.19 x 13.65ft
Primary
5 Piece Ensuite, South View, Walk-in Closet
11.16 x 11.68ft
2nd Bedroom
3 Piece Bath, South View
10.99 x 10.17ft
Den
Open Concept
12.7 x 8.96ft
Renter's Market
Balanced
Landlord's Market
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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.
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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
Household Income
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%
Building Trends At Downtown Condos
Days on Strata
Units at Downtown Condos spend an average of
54
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
4%
below
the list price.
Offer Competition
Lofts in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
6.5
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
51st
Highest price per SQFT out of 112 condos in the King West area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
11
Units were Rented over the past twelve months
Best Value Rank
Downtown Condos offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
Downtown Condos has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
Downtown Condos yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
Downtown Condos is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at Downtown Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $475,000 - $519,000 | No Data | No Data | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $954 | No Data | No Data | No Data | No Data |
| Price Range | No Data | $2,000 - $2,500 | No Data | No Data | $5,500 | No Data |
| Avg. Wait for Unit Availability | No Data | 80 Days | 913 Days | No Data | 482 Days | 1327 Days |
| Avg. Wait for Unit Availability | 351 Days | 30 Days | No Data | 467 Days | 345 Days | No Data |
| Ratio of Units in Building | 3% | 75% | 5% | 7% | 10% | 3% |
Market Inventory
Total number of units listed and leased in King West
