500 Wellington West

1 - About 500 Wellington West

• Address: 500 Wellington St W, Toronto
• Neighbourhood: King West (Waterfront Communities C1)
• Storeys: 10
• Units: 16
• Year Built: 2012
• Builder: Freed Developments
• Building Type: High-Rise Boutique Loft
• Suite Sizes: 2440 sqft - 4965 sqft
• Average Price: $775 / sq. ft.

2 - Overview of 500 Wellington West

Completed in 2012 by Freed Developments, 500 Wellington West is a purpose-built boutique condominium. Unlike many area lofts that are conversions of historical properties, this project was ground-up construction designed to deliver a "mansion-in-the-sky" experience.

The building features 16 suites across 10 storeys. The floor plates allow for half-floor and full-floor layouts, providing extensive window configurations and low-density living. The project received a 2015 Award of Excellence at the Toronto Urban Design Awards. Direct-to-suite elevator access serves as the primary architectural feature for all residences.

3 - Suite Sizes & Value

Suites range from 2,440 square feet to nearly 5,000 square feet, offering larger footprints than typical King West corridor offerings. The Average Price: $775 / sq. ft. reflects the premium value of the square footage and floor plan scale achieved. This pricing is unique to the low-density, full-floor layout market in downtown Toronto.

4 - Building Amenities & Features

• Security guard and concierge services
• Underground parking
• Rooftop terrace with barbeques
• Direct-to-unit elevator access for all suites
• Private in-suite features (select units): wrap-around terraces, private pools, hot tubs, wine cellars, and personal gyms

5 - Location Highlights

Located on Wellington Street West in the Fashion District, 500 Wellington West provides proximity to the Financial District and Rogers Centre. Residents enjoy quick access to the Gardiner Expressway and TTC streetcar network. Billy Bishop Toronto City Airport sits just across the waterfront. The building is steps from The Well and the King Toronto development.

6 - Lifestyle Near 500 Wellington West

500 Wellington West attracts an executive demographic seeking large floor plans and privacy within the King West district. The building sits set back from main thoroughfares while providing easy access to dining and retail, maintaining a private residential environment.

The development offers the square footage of a detached home in an urban setting, positioned near commercial and cultural transportation hubs while delivering residential tranquility.

7 - About the Developer

Freed Developments, led by Peter Freed, specializes in boutique projects throughout the King West neighbourhood. The firm integrates modern design with lifestyle-based amenities in their residential developments.

500 Wellington West exemplifies Freed's approach to condominium development in Toronto's downtown core, serving as a template for the developer's specialized boutique projects.