PH40-250 Wellington Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13206646
About this home
Spacious, renovated penthouse suite offering approximately 1,600 sqft of refined living space. This rare 2 bedroom, 2 bathroom residence features an expansive open-concept layout, newly updated flooring and bathrooms, and a spacious primary bedroom complete with a renovated ensuite bathroom and oversized walk-in closet. Enjoy stunning north, south, and west exposures providing exceptional natural light throughout the day, along with two private outdoor spaces including a large covered balcony and a secondary open balcony. Residents enjoy premium building amenities including a fully equipped gym, indoor pool, sauna, and 24-hour concierge/security. Rent includes parking, locker, ensuite laundry, high-speed internet, electricity, heating, air conditioning, and water. Ideal for professionals or executive tenants seeking luxury, privacy, and space rarely found in downtown Toronto condo rentals. Offered at $6,250/month. *For Additional Property Details Click The Brochure Icon Below*
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13206646
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Wellington St W & Blue Jays Way
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- South West
- Days on market
- 51
- Listing brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Rooms
Listed at $6,250/mo, this rental is about 25% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Waterfront Communities C1, so I widened the search to the surrounding area.
Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $4,400/mo
- Adjusts to $4,400/mo
That comparable adjusts to $4,400/mo; the $4,982/mo estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $4,982/mo, median of 5 comparables.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $5,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $27
- Property tax
- $4
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $31
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31
- Toronto municipal land transfer tax
- $31
- Estimated closing costs
- $63
Plus your down payment of $1,250. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,601
- Principal paid down
- $637
- Interest paid
- $964
- Balance remaining
- $4,363
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.