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    Toronto / Downtown / King West

    PH05 - 263 Wellington St W

    For Rent263 Wellington West
    $2,850/mth
    2 Beds
    1 Bath
    0 Parking
    830 SQFT
    Just Listed
    Est Lease Timeframe
    5 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 11, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    17.49 x 13.75ft
    Dining
    17.49 x 13.75ft
    Kitchen
    7.91 x 12.14ft

    About this Listing

    Prime Downtown Location!! Bright and spacious unfurnished 2-bedroom, 1-bathroom condo located in the heart of Toronto. This 830 sq ft unit features a large living and dining area, perfect for entertaining, along with a 70 sq ft balcony offering a view of the CN Tower. The master bedroom is generously sized and includes a large double closet, while the second bedroom features an adequately sized closet. The modern kitchen is equipped with stainless steel appliances, including a fridge, stove, and dishwasher. Includes an in-suite laundry machine and dryer. Hydro and utilities are included. Just steps away from the Financial District, St. Andrew Subway Station, and a variety of restaurants, shops, and entertainment options. Building amenities include visitor parking, a gym, concierge services, a party room, and more!

    Extras*For Additional Property Details Click The Brochure Icon Below*

    ici source real asset services inc.MLS® #C9398580

    Amenities

    Rec Room
    Concierge
    Rooftop Deck
    Party Room
    Games Room
    Visitor Parking

    Explore Neighbourhood

    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.
    6/10
    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
    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

    263 Wellington West vs The King West Area

    Building Trends At 263 Wellington West

    Days on Strata

    Units at 263 Wellington West spend an average of
    70
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    6.2
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    263 Wellington West offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    263 Wellington West has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    263 Wellington West yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    263 Wellington West is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 263 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo DataNo Data$499,900No Data
    Avg. Cost Per SqftNo DataNo Data$633No Data
    Avg. Wait for Unit AvailabilityNo Data2537 Days59 Days484 Days
    Ratio of Units in Building2%2%83%16%

    Transactions vs Inventory

    Total number of units listed and leased in King West