508 Wellington St W Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


508 Wellington St W, Toronto M5V1E3

Downtown Condos was built by Parallax Investment Corp and completed in year 2014.

There are total 11 floors and approximately 91 units.

The building currently has 1 units on sale, and 0 for lease.

Condo monthly management fee includes: Heat, Water and Air Conditioning.

Condo facility includes: Gym, Concierge, Rooftop Deck/Garden and Party/Meeting Room.

Condo Building Analysis

For Lease

Rent levels have decreased 10% compared with the same period last year.

Recent Rent Range
$3.38 – $4.89/sqft

How This Condo Compares

Maintenance Cost
28.7% Higher
Adjusted maintenance costs are above similar-age condo buildings in the community.
Effective Cost
24.4% Higher
Estimated occupancy costs are higher than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 81% of residents hold a bachelor's degree or higher, while about 9% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

GTA Go Train Union Go Train Station (1.5km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
901 1 1 0 600-699 489,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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