306-263 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C12636424

$550,000
For Sale
Listed 213 days ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Ideally situated just steps from Toronto's vibrant Entertainment and Financial Districts, this rarely offered corner suite presents an exceptional opportunity in a well-maintained boutique mid-rise building. Offering approximately 830 sq. ft. of thoughtfully designed living space, this meticulously cared-for one-bedroom plus den residence combines functionality, comfort, and timeless style.The spacious and versatile den easily accommodates a second bedroom, home office, or guest retreat, making the layout ideal for today's flexible lifestyle needs. Elegant hardwood and marble flooring extend throughout the suite, while expansive floor-to-ceiling windows flood the interior with natural light and enhance the airy, open feel. Brand-new designer roller blinds add a refined touch while providing both privacy and comfort.The open-concept living and dining area is perfect for everyday living and entertaining, seamlessly flowing out to a private balcony overlooking peaceful terrace views-an ideal setting to unwind in the heart of the city.Offering generous square footage, sophisticated finishes, and an unbeatable downtown location, this rare corner residence is perfectly suited for professionals, investors, or discerning buyers seeking refined urban living just moments from world-class dining, entertainment, transit, and financial hubs.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C12636424
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Wellington and Blue Jay Way
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$976/mo
Exposure
South
Property tax
$2,561 / 2024
Days on market
213
Listing brokerage
CENTURY 21 SYNERGY REALTY INC

Rooms

DenMain3.10 × 2.10 m
Primary BedroomMain3.00 × 4.10 m
Living RoomMain3.00 × 4.00 m
BathroomMain1.50 × 2.80 m
KitchenMain2.80 × 3.00 m
Dining RoomMain2.30 × 4.00 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. King St West at Blue Jays Way East Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$783kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3004-290 ADELAIDE Street$730k303-123 Portland Street$695kPH806-66 Portland Street$925k

The 3 closest active listings nearby.

See all comparable homes
550kThis home730k695k925kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $695K
$647this home / sqft
5active listings nearby
213days on market

This home lists 33% below the area average of $969/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: King St West at Blue Jays Way East Side, about 156 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Annex
$1.39M
Mimico
$800K
Banbury-Don Mills
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,507/mo
$124KIncome needed
4.4×Price ÷ income
$578Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

68%mortgage
Mortgage $2,507Property tax $213Condo fee $976Total carry $3,696

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,537Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$213
Condo / maintenance fees
$976
Heating
$0
Estimated monthly cost
$3,537

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.9%
Gross yield
− Property tax $2,561− Condo fees $11,712− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,963

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 SYNERGY REALTY INC. MLS®/PropTx.

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