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Downtown Condos

508 Wellington St W, Downtown

Features

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Price/Sqft Range

422 sqft - 1651 sqft

Avg Price/Sqft

$984 / sq. ft.

Completed

Built: 2014

Building Scale

Floors: 11 | Total Units: 91

Building Details

Building Type

High-Rise condo

Property Management

Built in 2014

Condo Corp

TSCC-2381

Date Registered

May 30, 2014

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Building Insurance

Description

1 - About Downtown Condos

  • Address: 508 Wellington St W, Toronto
  • Neighbourhood: Waterfront Communities C1 (King West/Fashion District)
  • Storeys: 11 floors
  • Units: 91 units
  • Built Year: 2014
  • Builder: Parallax Investment Corp.
  • Building Type: High-Rise condo
  • Suite Sizes: 422 sqft - 1651 sqft
  • Average Price: $984 / sq. ft.

2 - Overview of Downtown Condos

Completed in 2014, Downtown Condos is an 11-storey boutique mid-rise positioned at the intersection of Wellington Street West and Portland Street. Designed by Sweeny and Co. Architects, the building showcases a sophisticated exterior with a charcoal and slate-hued brick base complemented by a glass façade and distinctive wood accents at the entryway.

The building employs a purpose-built column system with raised floors, eliminating the need for interior load-bearing walls. This innovative design approach creates flexible open-concept spaces and allows residents the option to combine units when desired.

Housing 91 carefully designed units, Downtown Condos pays homage to the industrial heritage of the Fashion District while delivering contemporary functionality for today's urban professionals.

3 - Suite Sizes & Value

Floor plans at Downtown Condos range from efficient 422-square-foot studios to spacious three-bedroom layouts spanning 1,651 square feet. Units feature nine-foot ceilings, thoughtful live/work designs, and French balconies integrated into many floor plans.

With an average price of $984 / sq. ft., the building offers excellent value in Toronto's core. The absence of interior load-bearing walls provides residents with maximum flexibility to configure their living, dining, and work spaces according to their lifestyle needs.

4 - Building Amenities & Features

  • Gym: Well-equipped fitness centre for residents
  • Media Room / Theatre: Dedicated space for screenings and digital entertainment
  • Party Room: Elegant venue for hosting private gatherings
  • Outdoor Terrace: Common rooftop area featuring BBQ stations
  • Lounge: Comfortable seating areas for residents and guests
  • Bicycle Storage: Secure on-site storage racks
  • Concierge and Security: Professional staff and security guard services
  • Security System: Comprehensive building-wide surveillance and access control
  • Ensuite Laundry: In-unit washer and dryer in every home

5 - Location Highlights

  • Parks: Victoria Memorial Park and Clarence Square Park provide nearby green space
  • Transit: Excellent access to TTC routes along Bathurst Street and Spadina Avenue
  • Streetscape: Situated on a beautifully tree-lined corridor with landscaped median at Wellington Street West and Portland Street
  • Nearby Attractions: Walking distance to Bar Wellington, the King Toronto development, and the renowned galleries and restaurants of King Street West

6 - Lifestyle Near Downtown Condos

Downtown Condos occupies a desirable, quieter pocket within the vibrant Fashion District. The building attracts professionals and entrepreneurs who appreciate both the neighbourhood's creative energy and its proximity to downtown Toronto's business core.

The location boasts an exceptional walk score of 9/10 and perfect transit score of 10/10. Residents enjoy easy access to the sophisticated dining scene and dynamic nightlife that King Street West is famous for, while returning to a more peaceful residential enclave.

7 - About the Developer

Downtown Condos was developed by Parallax Investment Corp. in collaboration with Sweeny and Co. Architects Inc. Parallax specializes in high-quality residential and commercial developments throughout downtown Toronto, with a focus on innovative projects that incorporate adaptable zoning and forward-thinking design principles.


Building Sales History

Jun 2026 — 1 Listed | 0 Sold

53 days on market

MLS® # C12987342

Jun 3, 2026

Terminated

Apr 11, 2026

Listed For Sale

$1,399,800
Apr 2026 — 1 Listed | 0 Sold

64 days on market

MLS® # C12768618

Apr 11, 2026

Terminated

Feb 7, 2026

Listed For Sale

$1,399,800

Waterfront Communities C1 Insights

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