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    Toronto / Downtown / King West

    330 - 250 Wellington St W

    For RentIcon II
    $2,400/mth
    1 Bed + 1
    1 Bath
    0 Parking
    559 SQFT
    3 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Walkout To Balcony
    18.67 x 9.51ft
    Dining
    Combined with Living, Hardwood Floor, Open Concept
    18.67 x 9.51ft
    Kitchen
    Granite Counter, Hardwood Floor, Open Concept
    10.99 x 9.51ft

    About this Listing

    Live In The Stylish "Icon" Building In One Of The Best Downtown Locations. This Spacious 1+Den With Custom Built In Murphy Bed Offers A Great Open Concept Layout. All brand new Stainless Steel appliances to be installed prior to occupancy. Walk To The Financial District, Bustling King West, the Up Express, Shopping, Restaurants, Lounges, Tiff, Rogers Centre And More. Amenities Include Concierge, Rooftop Decks/Bbq, Gym, Visitor Parking. **All Utilities Are Included**

    re/max royal properties realtyMLS® #C10440561

    Amenities

    Indoor Pool
    Gym Room
    Sauna
    Games Room
    Party Room
    Lap Pool

    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.

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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%

    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

    54th
    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 Days130 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