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    Toronto / Downtown / King West

    521 - 270 Wellington St W

    For SaleIcon I Condos
    $545,000
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    29 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $750/mth
    Taxes:
    $2,467 (2024)
    Cost Per Sqft:
    $910 - $1,090/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    December 16, 2024
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Walkout To Balcony
    18.01 x 9.45ft
    Dining
    Combined with Living, Hardwood Floor
    18.01 x 9.45ft
    Kitchen
    Centre Island, Ceramic Back Splash, Pot Lights
    9.61 x 9.45ft

    About this Listing

    Welcome to the Icon! This boutique building combines the benefits of a large complex with the feel of a smaller development. With just 12 stories and 247 units, its the perfect space for someone who wants to experience the best of the city to live and work downtown! Unit 521 has everything you need for your new home in the city, with 588 sf of living space. The functional layout allows a den/dining area with space for a full size table, an L-shaped kitchen with a solid-surface island for eat-in options, a large living area space that opens directly to the balcony, and a big bedroom and updated full washroom. The unit also comes with a great parking space on P1 as well as two owned lockers for all your storage needs!

    ExtrasThe maintenance fee includes all of your utilities, so no worries about other costs on top of your mortgage! The building amenities include a 24 hour concierge, full gym with city views, a rooftop patio with communal BBQ options and more.

    keller williams advantage realtyMLS® #C9386930

    Amenities

    Concierge
    Lap Pool
    Visitor Parking
    Party Room
    Rec Room
    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 I Condos vs The King West Area

    Building Trends At Icon I Condos

    Days on Strata

    Units at Icon I Condos spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    5.9
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    55th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

    Icon I Condos is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 270 Wellington Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$540,000 - $550,000$560,000 - $619,000$851,000 - $1,000,000No Data
    Avg. Cost Per SqftNo Data$906$900$840No Data
    Avg. Wait for Unit Availability174 Days85 Days57 Days131 Days1463 Days
    Ratio of Units in Building6%30%45%18%3%

    Transactions vs Inventory

    Total number of units listed and sold in King West