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    1042 - 250 Wellington St W

    For SaleIcon II
    $550,000
    1 Bed
    1 Bath
    1 Parking
    525 SQFT
    30 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $591/mth
    Taxes:
    $2,289 (2024)
    Cost Per Sqft:
    $1,048/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    30 days/Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Combined with Laundry, Large Closet
    12.3 x 4ft
    Kitchen
    Centre Island, Track Lights, Eat-In Kitchen
    9.51 x 9.35ft
    Dining
    Hardwood Floor, Combined with Living
    15.26 x 9.02ft

    About this Listing

    Enjoy comfort and convenience at the Icon residences built by the renowned Tridel. Whether you're seeking that vibrant urban lifestyle or a sound investment in one of downtown Torontos most coveted neighborhoods, this property is a must-see! This 1 bedroom unit offers a spacious and ideal layout: The kitchen has full size appliances, centre island, natural wood cabinets and beautiful granite countertops. The living and dining rooms have gleaming hardwood floors and a walkout to an enclosed balcony. The bedroom is well-sized with a generous reach-in closet and organizers. The unit has been lovingly cared for over the years and is fully move-in ready! Satisfy every food craving at the new Wellington Market Food Hall (The Well) and abundant restaurants around, enjoy shows at TIFF Bell Lightbox, Rogers Centre, see the latest exhibits at Harbourfront, walk to grocers, parks, transit (TTC, GO, and UP Express), steps to the PATH underground network This is what downtown living is all about!

    ExtrasParty room under renovations. Stunning new lobby designs implemented in 2025. Condo is reliably serviced by two 24 hour concierges, ample visitor parking, gym, rooftop terrace with BBQs, indoor pool & more.

    bosley real estate ltd.MLS® #C9385702


    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Sauna
    Lap Pool
    Indoor Parking

    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%

    Maintenance Fees

    Icon II vs The King West Area

    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
    2%
    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

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    58th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    8
    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$1,000$959$903$937No Data
    Avg. Wait for Unit Availability497 Days135 Days44 Days204 Days275 DaysNo Data
    Ratio of Units in Building8%24%52%12%7%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West