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    570 Wellington Street W & 574-618 Wellington Street W & 39-65 Tecumseth Street

    The Summit Complex Townhomes
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    3
    Number of Units:
    100
    Condo Completion:
    1984
    Condo Demand:
    Medium
    Unit Size Range:
    512 - 1,600 SQFT
    Unit Availability:
    Low

    Listing History for The Summit Complex Townhomes

    Receive listing updates for King West

    Amenities

    Concierge
    Party Room
    Media Room
    Indoor Parking
    Squash Court
    Gym Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 570 Wellington Street WThe Summit Complex Townhomes

    The Summit Complex Townhomes was completed in 1984 by Toddglen. While some buyers associate high maintenance fees with older buildings, maintenance fees at 570 Wellington Street W are only $0.81 per-square-foot. These King West condos for sale offer floor plans that are more spacious than most modern condos; there are 100 suites in this 3-storey residence, and units range from 512 square feet to 1600 square feet.

    This condo has an above average Walk Score of 95 and an average demand ranking, based on Strata.ca stats. Maintenance fees are $0.81 per-square-foot, which is lower than the neighbourhood average of $0.82 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 570 Wellington Street W is $1,006, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at The Summit Complex Townhomes spend 19 days on the market on average and usually sell for 8.79% above the listing price. In the last 12 months, 2 units have rented, and 3 have sold.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Bamboo Buddha Chinese Restaurant, Ichiban Sushi and Pita Choice. To fuel up in the morning, head to Tim Hortons, Bayleys Brew Bar Smoothie Bar and Central Cafe - Toronto Inc. to grab your beverage of choice.

    Grocery shopping can feel like a chore — but not when The Kitchen Table, International News and Harrington Fine Foods are just an easy 10-minute walk away.

    Residents here can stop by Scotiabank and Fort York Branch on their way home from work, so they can take care of their financial needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Summit Dog Park, Summit courtyard and Stanley Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the King West neighbourhood by visiting The Village Co, Modular Market and The Queer Shopping Network.

    There are also several unique attractions nearby to keep yourself entertained, such as David Crighton Art and stackt market — all just a quick 6-minute walk away. CineCycle is just a short drive away for movie nights.

    With St. Mary Catholic Elementary School, Niagara Street Junior Public School and ALPHA Alternative Junior School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. If you're open to commuting, a quick transit ride offers even more options, including E F High School Year, Oasis Alternative Secondary School and Apex Academy Online.

    Transportation

    For longer journeys there’s a light transit stop at King St West At Tecumseth St for your transportation needs. Those who live in the area can easily drive to Osgoode, just 4 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 8 Mercer Street, 725 King Street W and 705 King Street W.

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    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.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Similar condos

    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

    The Summit Complex Townhomes vs The King West Area

    Days on Strata

    Units at The Summit Complex Townhomes spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    9%
    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
    12.7
    YEARS before being sold again

    Property Value

    27%
    Increase in property value within the past twelve months

    Price Ranking

    39th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit Complex Townhomes offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    The Summit Complex Townhomes has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    The Summit Complex Townhomes yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    The Summit Complex Townhomes is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 570 Wellington Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$860,000No Data$1,100,000 - $1,125,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,127No Data$857No DataNo Data
    Avg. Wait for Unit Availability320 Days1343 Days2229 Days212 Days961 Days2646 Days
    Ratio of Units in Building38%4%5%37%13%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West