$565,000

For sale

#1727 250 Wellington Street West, Toronto (Waterfront Communities) - Single Family for Sale

#1727 250 Wellington Street West, Toronto (Waterfront Communities), Ontario, M5V3P6

2 beds1 bath1 parking550 ft²$703/mo condo feeListed 17 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $565,000, it is attractively priced about 10% below the $629,900 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 57 days.

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Description

Experience luxury living in this 588 Sq.Ft. 1-Bedroom + Den at Icon by Tridel, located in the heart of the Entertainment District. This beautifully upgraded unit features hardwood flooring throughout, a high-end Miele appliance package, and a functional open-concept layout. Enjoy top-tier amenities, including 24/7 concierge, gym, sauna, rooftop deck with BBQ, and all-inclusive maintenance fees covering utilities. Steps from PATH (2 min), St. Andrew Station (6 min), Harbourfront Centre (10 min), CN Tower & Rogers Centre (2 min), Union Station & Scotiabank Arena (10 min), with easy access to the Gardiner Expressway. Surrounded by top dining & entertainment, including TIFF Lightbox, Nobu, and Kost. Beanfield Fibreoptic Internet is available. (id:66096)

Property Details

MLS®: C14096738
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $703/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,663/yr

Rooms

Main level

Living room: 5.4 x 2.87 meters
Dining room: 5.49 x 2.87 meters
Kitchen: 2.84 x 2.44 meters
Primary Bedroom: 3.86 x 2.44 meters
Den: 2.24 x 2.51 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings
Flooring: Hardwood, Carpeted
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,028

List price

$565K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Waterfront Communities) has been listed for 17 days, which is 40 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KIC REALTY · SAHARLA FARAH YAHYA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $565,000, about 6.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $110,364 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$565,000· $1,028/ft²

For sale

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Full Cost Breakdown

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Down Payment5.58% · $31,500

Min 5.58%50%

Mortgage payment$2,958/mo

↳ CMHC premium ($21,340 capitalized)

Property tax (est.)$222/mo

Condo fee$703/mo

Total monthly$3,882

Cash Needed to Close

Down payment (5.58%)$31,500

Land transfer tax$15,550

Est. closing costs$4,195

Total cash needed$51,245

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