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    246 - 250 Wellington St W

    $499,9991 bd1 ba0 pk570 sqft
    For SaleIcon II
    4.5
    4 Days on Strata
    Est Sell Timeframe:
    10 Days
    $499,999
    1 Bed
    1 Bath
    0 Parking
    570 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $592/mth

    Taxes:

    $2,189 (2024)

    Cost Per Sqft:

    $877/sqft

    Outdoor Space:

    Terrace

    Locker:

    None

    Exposure:

    North

    Possession Date:

    To Be Determined

    Laundry:

    Main

    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed
    Games Room
    Party Room
    Indoor Pool
    Rooftop Deck
    Lap Pool
    Guest Suites
    Gym
    Concierge
    Sauna

    About this Listing

    Experience vibrant downtown living at the iconic Icon II in the heart of King West! This spacious 1-bedroom unit features an open-concept layout with a walk-out to a generously sized balcony perfect for relaxing or entertaining, Enjoy unbeatable convenience with the TTC, PATH network, Up Express, shopping, dining, nightlife, the Financial District, TIF, Rogers Centre and more just steps away Enjoy top-tier amenities including a 24-hour concierge, rooftop decks with BBQs, fitness centre, lap pool, party room, and visitor parking, All utilities are included in the maintenance fees exceptional value in one of Toronto's most sought-after neighborhoods

    ExtrasNew Appliances: Fridge, Stove, B/I Dishwasher, Micro/Hood Fan, Stacked Washer/Dryer, All Elf's, All New Window Coverings.

    re/max alpha sold realtyMLS® #C12082034

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Open Concept, Pot Lights, hardwood floor

    10.34 x 8.3ft

    Living

    Open Concept, Walkout To Balcony, Combined with Dining

    17.65 x 10.24ft

    Dining

    Open Concept, Combined with Living, Combined with Kitchen

    17.65 x 10.24ft

    Primary

    Carpet, Walk-in Closet, Window

    12.93 x 8.63ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore King West


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    10/10
    Walkability
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    10/10
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    6/10
    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%


    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
    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
    6
    YEARS before being sold again

    Property Value

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

    Price Ranking

    66th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Icon II offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Icon II has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Icon II yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Icon II is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Icon II

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$485,000 - $555,000$515,000 - $635,000$750,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,011$878$903No DataNo Data
    Avg. Wait for Unit Availability497 Days157 Days48 Days204 Days278 DaysNo Data
    Ratio of Units in Building6%26%51%12%7%1%

    Market Inventory

    Total number of units listed and sold in King West