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    Toronto / Downtown / King West

    1536 - 250 Wellington St W

    For SaleIcon II
    4.5
    $599,000
    Price Cut: $629,000
    1 Bed + 1
    1 Bath
    0 Parking
    714 SQFT
    33 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $741/mth
    Taxes:
    $2,639 (2024)
    Cost Per Sqft:
    $839/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60/90
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    9.42 x 11.78ft
    Living
    21.42 x 10.99ft
    Dining
    21.42 x 10.99ft

    About this Listing

    Welcome to Icon II! Urban living at its finest in the heart the Entertainment District. This bright and spacious one bedroom plus den condo offers contemporary city living with a south facing exposure that floods the space with natural light throughout the day. Step inside to discover a modern open-concept layout, perfect for both relaxing and entertaining. The living area is a versatile space that seamlessly flows into the den, ideal for a home office or additional guest room. The bedroom is generously sized with large windows, offering stunning views of the city. A well-appointed bathroom and convenient in-suite laundry complete this urban oasis. Located just steps away from Toronto's best dining, shopping, and entertainment options, this condo offers unparalleled convenience and excitement. Whether you're strolling to a show at the nearby theatres, exploring trendy cafes, or enjoying the nightlife, this location ensures you're at the center of it all **EXTRAS** Roof Top Terrace, Fitness Facility, Sauna. 24-Hour Concierge, Gym, Visitors Parking, Business Room, Party Room, Rooftop Deck with BBQ, Indoor Pool

    psrMLS® #C11950056

    Amenities

    Indoor Parking
    Visitor Parking
    Lap Pool
    Gym Room
    Games Room
    Concierge

    Explore Neighbourhood

    10/10
    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.
    6/10
    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

    Icon II vs The King West Area

    Building Trends At Icon II

    Days on Strata

    Units at Icon II spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    5.9
    YEARS before being sold again

    Property Value

    -1%
    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

    8
    Units were Sold over the past twelve months

    Rented Units

    38
    Units were Rented over the past twelve months

    Best Value Rank

    Icon II offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Icon II has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Icon II yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Icon II is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 250 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$485,000 - $555,000$540,544 - $635,000$750,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,008$947$903No DataNo Data
    Avg. Wait for Unit Availability497 Days157 Days47 Days204 Days278 DaysNo Data
    Ratio of Units in Building7%26%51%12%7%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West