$489,000
For sale: Apartment

Close the property apps, it's a match! Welcome home to Suite 901 at 508 Wellington - a rarely offered boutique one-bedroom with the space, comfort and location you have been searching for. Directly across from The Well, you're steps from incredible dining, shopping and entertainment, yet tucked into an intimate tree lined community that feels refreshingly removed from the downtown rush. Naturally bright and exceptionally well proportioned, this 646 sq. ft. suite offers something increasingly hard to find: room to truly live. There's space for a full-size sofa, a proper dining set and effortless entertaining, all without sacrificing flow. A generously sized bedroom, spacious bathroom and three-door closet give you the comfort and storage to live beautifully-whether on your own or as a couple. Floor to ceiling windows, hardwood flooring, modern appliances and ensuite laundry complete a home that makes everyday living easy and home to be proud of. One underrated feature you'll quickly appreciate: your own individually controlled heat pump with heating and cooling year-round. Toronto weather may change by the day, but your comfort stays in your control. With just 91 residences in an intimate 11-storey building, Downtown Condos delivers boutique living with a true sense of community-including the familiar welcome of Punya at concierge, one of those little details that makes coming home feel personal. King West, Victoria Memorial Park and some of Toronto's best restaurants and cafés are all just steps away. Perfect for first-time buyers, professionals or investors looking for that rare combination of real space, exceptional location and lasting livability. Save yourself the scrolling-you may have just found the one. Book your showing and come experience Suite 901 for yourself.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,826 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,826 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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