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    Toronto / Downtown / King West

    1034 - 250 Wellington St W

    For RentIcon II
    $2,500/mth
    1 Bed
    1 Bath
    0 Parking
    505 SQFT
    10 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 16, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Juliet Balcony
    Furnished:
    Partially
    Exposure:
    South
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    Hardwood Floor, Large Closet
    14.76 x 7.68ft
    Kitchen
    Hardwood Floor, Pantry, Open Concept
    11.68 x 5.58ft
    Living
    Hardwood Floor, Open Concept, South View
    14.76 x 13.42ft

    About this Listing

    Stunning South-Facing Condo with Unobstructed CN Tower & Rogers Centre Views! Welcome to this sunlit one-bedroom gem, boasting an efficient open-concept floor plan with no wasted space and tons of storage. Enjoy breathtaking, forever-protected views of the CN TowerFeatures You'll Love: through a Juliette balcony. Approximately 505 sq. ft. of well-designed living space Bright south exposure with fantastic natural light, views of the Toronto skyline Full-size appliances for modern convenience Built-in pantry with extra storage Two generously sized closets for ample storage Efficient layout perfect for comfortable living and working Prime Downtown Location: Steps to Michelin Star restaurants, 5-star hotels, Nobu, Scotiabank, Rogers Centre, premium shopping, and the PATH Easy highway access for seamless commuting. This show-stopping condo offers an unbeatable lifestyle in the heart of Toronto!

    the agencyMLS® #C11896122

    Amenities

    Concierge
    Lap Pool
    BBQs Allowed
    Indoor Parking
    Indoor Pool
    Rooftop Deck

    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
    19
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    50th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    36
    Units were Rented over the past twelve months

    Best Value Rank

    Icon II offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Icon II has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Icon II yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Icon II is the
    ?
    most popular building out of 101 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 - $568,800$750,000$814,000No Data
    Avg. Cost Per SqftNo Data$1,001$959$903$937No Data
    Avg. Wait for Unit Availability497 Days138 Days44 Days204 Days275 DaysNo Data
    Ratio of Units in Building8%24%52%12%7%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West