203-350 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13169742

$525,000
For Sale
Listed 59 days ago
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◎ Directions
2Bedrooms
1Bathrooms
0Parking
700-799Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Reduced price! Welcome to Luxurious Living at Soho Metropolitan Discover Urban Elegance at Its Best! This spacious 1-bedroom plus den suite offers a rare opportunity to own a 750 sq ft luxury residence in the prestigious Soho Grand Condominium, ideally located in the heart of downtown. With soaring 9.5-foot ceilings and brand-new laminate flooring, this unit provides both comfort and style. Enjoy exclusive access to the Soho Hotels fitness center, Jacuzzi, and pool. Dog-friendly, and surrounded by upscale amenities, including the renowned Senses Restaurant Lounge, frequently visited by celebrities. Across the street, you'll find a 2.5-acre park, and you're just a short walk from the waterfront, CN Tower, Rogers Centre, and a convenience center. Enjoy dining at on-site restaurants like Moretti and Wahl burgers. This is an opportunity you wont want to miss!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13169742
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Blue Jays Way & Wellington St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$691/mo
Exposure
South
Property tax
$2,013 / 2025
Days on market
59
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain10.50 × 3.25 m

laminate · open concept · combined w/dining

Primary BedroomMain4.60 × 3.10 m

laminate · 4 pc bath · double closet

Dining RoomMain10.50 × 3.25 m

laminate · open concept · combined w/living

KitchenMain10.50 × 3.25 m

granite counters · centre island · open concept

DenMain3.20 × 3.10 m

laminate · open concept · window

Our TakeTeam Asgarian · Broker
Above comparables
$492Kest. value

Listed at $525,000, and my independent estimate is about 7% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$492KGreat deal$525KOverpriced

Total price vs nearby homes. Fair value about $492K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $405K, a bit lower.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

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. Spadina Avenue is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($700/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$517kavg asking

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

1606-75 Queens Wharf Road$559k3303-361 Front Street$489k1006-17 Bathurst Street$520k551-10 Capreol Court$518k902-20 Blue Jays Way$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
525kThis home559k489k520k518k500kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $610K
$700this home / sqft
65active listings nearby
59days on market
100sold nearby · 90 days
$583Kmedian sold price
96%of asking, on average

This home lists 26% below the area average of $942/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

100/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Spadina Avenue, about 146 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.

Niagara
$550K
Church-Yonge Corridor
$611K
Moss Park
$894K
Bay Street Corridor
$638K
Mount Pleasant West
$850K

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 · 0.6 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,393/mo
$113KIncome needed
4.7×Price ÷ income
$552Weekly 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.

74%mortgage
Mortgage $2,393Property tax $168Condo fee $691Total carry $3,251

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,241per month

Mortgage amount $420,000 · 4.14% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$3,100Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,241
Property tax
$168
Condo / maintenance fees
$691
Heating
$0
Estimated monthly cost
$3,100

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

One-time closing costs

Ontario land transfer tax
$6,975
Toronto municipal land transfer tax
$6,975
Estimated closing costs
$13,950

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,722/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

$252,383Total interest paid
$672,383Total of all payments
Principal $420,000 Interest $252,383
YearPrincipalInterestBalance
1$9,839$17,056$410,161
2$10,251$16,645$399,910
3$10,679$16,216$389,231
4$11,126$15,769$378,104
5$11,592$15,304$366,513
6$12,076$14,819$354,436
7$12,582$14,314$341,855
8$13,108$13,787$328,747
9$13,656$13,239$315,091
10$14,227$12,668$300,864
11$14,822$12,073$286,041
12$15,442$11,453$270,599
13$16,088$10,807$254,510
14$16,761$10,134$237,749
15$17,462$9,433$220,287
16$18,193$8,702$202,094
17$18,954$7,941$183,140
18$19,747$7,149$163,393
19$20,573$6,323$142,821
20$21,433$5,462$121,387
21$22,330$4,566$99,058
22$23,264$3,632$75,794
23$24,237$2,659$51,557
24$25,251$1,645$26,307
25$26,307$589$0

At the end of your 5-year term

Total paid over the term
$134,477
Principal paid down
$53,487
Interest paid
$80,989
Balance remaining
$366,513

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$2,400/mo
$28,800Gross annual rent
2.8%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.

5.5%
Gross yield
− Property tax $2,013− Condo fees $8,286− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,733

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

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