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
Sep 2026 — 1 Listed | 0 Sold
65 days on market
MLS® # C13659014
Sep 1, 2026
New
Aug 10, 2026
Listed For Sale
$489,000
Waterfront Communities C1 Insights
Sale Price
Average
Median


