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    Toronto / Downtown / King West

    908 - 400 Wellington St W

    For Rent400 Wellington
    $4,100/mth
    2 Beds
    2 Bath
    1 Parking
    900 - 999 SQFT
    49 Days on Strata
    Est Lease Timeframe
    5 Days

    Listing History

    Unit Highlights

    Possession Date:
    August 2, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    The best value in downtown! A boutique building in the heart of downtown. This split layout 2 bed/2 bath, 9ft ceiling, perfectly appointed to the most sophisticated tenants Nestled in a quiet section of Toronto's most sought-after and landscaped streets, it provides privacy, security and exclusive amenities to a small community. A short walk to the Well, Toronto's entertainment, fashion and hi-tech districts.This layout features a unique cantilevered balcony with west, north and south views. Features of this unit include 9-foot smoothed-out white ceilings with an ultra-matte polished finish, double kitchen sink, high-end Deco blinds, mosaic tile design in walk-in glass shower, end-to-end West-facing windows, independent climate control with 2 HVAC units, front-loading washer and dryer, engineered hardwood throughout, a spacious kitchen with generous storage and an in-suite storage room/ pantry.

    royal lepage signature realtyMLS® #C9238543

    Amenities

    Security System
    Gym Room
    Party Room
    Concierge
    Indoor Parking
    Bike Storage

    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.
    7/10
    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

    400 Wellington vs The King West Area

    Building Trends At 400 Wellington

    Days on Strata

    Units at 400 Wellington spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    7.3
    YEARS before being sold again

    Property Value

    -27%
    Decrease in property value within the past twelve months

    Price Ranking

    55th
    Highest price per SQFT out of 103 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    400 Wellington offers the
    ?
    best value out of 103 condos in the King West neighbourhood

    Appreciation Rank

    400 Wellington has the
    ?
    highest ROI out of 103 condos in the King West neighbourhood

    Rental Yield

    400 Wellington yields the
    ?
    highest rent prices out of 103 condos in the King West neighbourhood

    High Demand

    400 Wellington is the
    ?
    most popular building out of 103 condos in the King West neighbourhood

    Transaction Insights at 400 Wellington Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$520,000 - $774,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$967No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability172 Days539 Days83 DaysNo DataNo Data
    Ratio of Units in Building33%9%53%3%5%

    Transactions vs Inventory

    Total number of units listed and leased in King West