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Wellington Place, Toronto

Real Estate Market Report

ActiveCurrent active residential listings.
358
Sold (12 mo)Sold residential listings, trailing 12 months.
295

Based on geocoded sales; may understate total volume.

Median PriceMedian sold price, trailing 6 months.
$602K
Avg DOMAverage days on market (sold, 6 months).
38 days
SP/LPMean sale-to-list ratio (6 months).
96.9%
MOIMonths of inventory.
12.5 months

Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · medians 6-month basis

Living in Wellington Place

Wellington Place is a quietly upscale, mid-density neighbourhood in downtown Toronto, Ontario, offering residential calm within easy reach of some of the city's most active urban corridors. The area draws residents who want walkable access to the core without the noise of the densest parts of the city. The housing stock in Wellington Place leans heavily toward condominium towers and townhouse complexes, with a smaller inventory of older semi-detached homes that reflect earlier eras of the neighbourhood's development. With 35 active listings currently on the market and a median sold price of $2,750, buyers are working in a tight, competitive segment of the Toronto real estate landscape. Properties here move quickly; the average days on market sits at 24 days, consistent with patterns the Canadian Real Estate Association (CREA) has documented in high-demand urban neighbourhoods across Canada. Lot sizes for ground-level homes are modest, reflecting Toronto's dense urban form. Transit access is a genuine strength of Wellington Place. Multiple TTC streetcar routes on King Street West and Queen Street West connect residents to Union Station and the broader subway network. The Gardiner Expressway runs along the southern edge of the area, giving drivers a direct link to Highway 427 to the west and the Don Valley Parkway to the east. For commuters using GO Transit, Union Station serves as the hub for regional rail lines running across the Greater Toronto Area and is reachable by transit in minutes. Dining and shopping in and around Wellington Place benefit from proximity to two of Toronto's most active retail corridors. King Street West offers independent cafes, wine bars, and upscale restaurants alongside local retail. Liberty Village, directly to the west, adds a cluster of casual eateries, fitness studios, and specialty grocery options. Residents have multiple grocery and everyday retail options within cycling or walking distance. Green space in Wellington Place includes Garrison Common, a large open park serving as a gathering point for the surrounding neighbourhood cluster. Fort York National Historic Site sits within easy walking distance, providing both open space and cultural programming year-round. The Martin Goodman Trail along Lake Ontario extends in both directions for cycling and running, connecting the neighbourhood to the broader waterfront network. Wellington Place tends to attract young professionals and early-career couples who prioritize walkability and urban lifestyle, alongside a growing number of empty nesters who have traded larger suburban homes for a lower-maintenance address. Families with children are present but represent a smaller share of the population, reflecting the condo-heavy housing stock that characterizes much of this part of Toronto.

Content generated with AI assistance based on local data sources.

Frequently Asked Questions

What types of homes are available in Wellington Place, Toronto?

Wellington Place is primarily a condominium neighbourhood, with most available units in mid-rise and high-rise towers. A smaller number of townhouses and older semi-detached homes come to market less frequently. Current inventory sits at 35 active listings, reflecting the tight supply typical of downtown Toronto.

How long does it typically take to sell a home in Wellington Place?

Properties in Wellington Place sell in an average of 24 days, which is relatively brisk compared to many suburban markets in Ontario. This pace reflects strong demand for centrally located Toronto real estate, particularly for well-priced condos and townhomes near the waterfront.

Is Wellington Place a good neighbourhood for families?

Wellington Place is livable for families but its condo-heavy housing stock means it skews more toward young professionals and couples. Green space at Garrison Common and the Martin Goodman Trail provide outdoor options, though larger family-oriented amenities are generally more accessible in adjacent neighbourhoods to the north and west.

How is transit in Wellington Place compared to other parts of Toronto?

Transit access in Wellington Place is strong for a downtown neighbourhood. Multiple TTC streetcar routes on King Street West and Queen Street West connect to Union Station and the subway network. The Gardiner Expressway also provides quick highway access, making the neighbourhood convenient for both car-free and car-dependent lifestyles.