This is Wellington Place, a neighbourhood in the city of Toronto with 7 High-Rise buildings with condos for sale. The average sale price for High-Rise condo units in Wellington Place in 2020 was $2,295 with an average of 24 days on the market. There were 205 High-Rise condo units sold in Wellington Place last year. Minto Westside had the highest Dork Rating, 956, for a High-Rise condo building in Wellington Place in 2020.
A symbol of modern living, the High-Rise building has actually been used throughout history. There is evidence that High-Rise buildings were present 2000 years ago in ancient Rome, though made of mud and sticks and not particularly safe. They were also seen in circular structures in China 700 years ago. Some buildings used 500 years ago in Yemen can still be seen today. At the turn of the last century, High-Rise buildings began to solidify their place in urban centres, as you can see with the development of High-Rise condos for sale in Toronto. Especially in the downtown core. The industrial revolution created the need to bring more workers closer to work and elevators and concrete made them functional. Public housing then pushed the volume of High-Rise condos for sale in and around cities all over the globe. The original reinforced concrete and steel buildings of the mid-century are slowly being replaced by glass condo towers in city centres and megacities. Units are shrinking but public and shared use spaces are increasing by way of amenities like community meeting space, party rooms, fitness centres and even theatres. This, along with the more thoughtful use of the areas that surround these buildings is meant to create livable communities. These living communities will have access to daily needs and services and connected to the larger communities that surround them. Today's best High-Rise condos for sale offer choices for unit style and design, extra amenities to increase community involvement, green space that is cared for by maintenance fees and ground-floor businesses. High-Rise life is best enjoyed in walkable communities with plenty of business and services that connect to the larger city.
Wellington Place's most active High-Rise condo building last year was Minto Westside with 127 units sold. Minto Westside had the highest average price per sqft in 2020 for High-Rise condo buildings in Wellington Place with an average price per sqft of $4.
High-Rise condos for sale today can be designed as soft lofts, have multiple floors and have the opportunity for a luxury of options when purchased in the development or preconstruction phase. Building to building, units have a huge range for layout, upgrades, amenities, ceiling heights and storage space. A buyer or renter will need to know what's on their priority list or they risk being overwhelmed by the choices. One commonality will probably be floor to ceiling windows. Growing in popularity is also an open plan for the main living area, something easily found in high-rises today. Anything over eight stories, or a height that firefighters would have difficulty reaching, qualifies as High-Rise. New High-Rise condos for sale in some cities will follow neighbourhood design and sightlines, with some areas upholding height guidelines. Other cities are in a race for the sky and 50 floors wouldn't be out of the ordinary. This is especially true for the glass towers that have so much more flexibility. The record holders and breakers are pushing high rise living ever further with 100+ floor residential towers. Some aiming to push past a full kilometre into the sky.
Fashion District and City Place are nearby neighbourhoods with High-Rise condo buildings. This neighbourhood is a Walker's Paradise with a walk score of 90. a Rider's Paradise is available in Wellington Place. This neighbourhood is a Biker's Paradise with a bike score of 98.
Established as one of Toronto's condo hubs, Wellington Place, has a total of 35 condo buildings. Condo development in this neighbourhood has been thriving with 7 High-Rise, 18 Mid-Rise, 6 Pre-Construction, 9 Low-Rise, 15 Loft and 9 Luxury. Many condos for sale in Wellington Place feature excellent amenities perfectly located in Toronto. The average days on market for condos for sale in Wellington Place is 16 days. There were 733 condos sold in Wellington Place in 2020. Wellington Place saw an increase in the number of condos sold by 431% compared to the year before. Condos for sale in Wellington Place had an average sale price of $$867,474 last year, an decrease of -2% from the prior year. Wellington Place is a Walker's Paradise with a walk score of 90. This neighbourhood is a Biker's Paradise with a bike score of 98. a Rider's Paradise is available in Wellington Place. Fashion District and City Place are nearby neighbourhoods.
Grab some fresh goodies at nearby bakeries Cops Toronto and Forno Cultura. A fresh cup of java or tea is never hard to find with Quantum Coffee in the hood. Whether you are looking for brunch, a quick snack or a quality dinner Wellington Place has plenty of options like Le Select Bistro and Lee. There is a surprising amount of green space with Musee Parkette in Wellington Place. Shoppers Drug Mart is a conveniently located pharmacy in Wellington Place. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not FlexZonia Fitness is a super popular fitness center with locals. Animal enthusiasts, good news Front Street Animal Hospital is in Wellington Place.