PH31 - 250 WELLINGTON STREET W, Toronto (Waterfront Communities)

$399,000

For sale: Apartment

Apartment at PH31 - 250 WELLINGTON STREET W, Toronto (Waterfront Communities)
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
599 sqft
MLS®
MLS® C13727578
Neighbourhood
Waterfront Communities C1

Welcome to The Luxury Icon 2 - an exceptional opportunity to own a penthouse suite in the heart of Toronto's Financial and Entertainment Districts. This bright and stylish 516 sq. ft. junior one-bedroom corner suite features high ceilings, hardwood flooring throughout and a smart, functional layout that makes excellent use of every inch of space.Perfect for a first-time buyer, investor, executive rental or a short-term rental opportunity for those using the suite as their principal residence, this home offers incredible flexibility in one of downtown Toronto's most sought-after locations. Step outside your door and walk to virtually everything - world-class restaurants, nightlife, entertainment, shopping, the Financial District, transit and more. A truly AAA location for both lifestyle and investment potential.The Luxury Icon is a well-managed building with an impressive range of amenities, including 24-hour concierge, fitness room, lap resistance pool, party room, workspaces and a rooftop patio with BBQ terrace.Whether you're looking to get into the downtown market, build an investment portfolio or take advantage of the demand for executive and permitted short-term accommodations while living in the suite as your principal residence, this is an opportunity worth exploring. A fantastic downtown offering with high ceilings, an unbeatable location and exceptional lifestyle flexibility.

Sold data

Apartment homes in Toronto (Waterfront Communities) — recent sold market

Apartment homes in Toronto (Waterfront Communities) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 2,788 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.

The median sale price was $562,000.

Homes sold for about 3.4% 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.

Median days to sell
29
Median sale price
$562,000
Sale-to-list ratio
96.6%
Sold above asking
13%

Based on 2,788 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near PH31 - 250 WELLINGTON STREET W