2403-183 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13420944

$2,395,000
For Sale
Listed 43 days ago
1Bedrooms
2Bathrooms
1Garage
1600-1799Sq Ft

About this home

Experience Unparalleled Luxury And Privacy With DIRECT PRIVATE ELEVATOR ACCESS To This Remarkable Executive Suite. From The Moment You Step Inside, You'll Be Captivated By Breathtaking City Skyline Views And An Abundance Of Natural Light. This One-Of-A-Kind Residence Is Adorned With Layers Of Designer Finishes, Including Elegant Herringbone Floors, A Marble-Faced Gas Fireplace, Textured Walls, Custom Lighting, And Bespoke Window Coverings.The Open-Concept, 1675 Sqft Layout Is Ideal For Entertaining, Seamlessly Connecting To A High-End Chefs Kitchen Complete With An Eat-In Breakfast Area. Indulge In The World-Class Amenities Of The Ritz-Carlton Residences, Including A 24-Hour Concierge, Valet, Porter Services, A State-Of-The-Art Fitness Centre, Luxury Spa, And An Indoor Pool. Welcome Home To Elevated Living At Its Finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13420944
Bedrooms
1
Bathrooms
2 (1 half)
Size
1600-1799
Cross streets
University Ave / Wellington St W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$2,549/mo
Exposure
North East
Property tax
$9,841 / 2025
Days on market
43
Listing brokerage
CORCORAN HORIZON REALTY

Rooms

KitchenMain4.37 × 3.51 m

marble floor · stainless steel appl · backsplash

LaundryMain3.86 × 3.45 m

Pedestal Sink

BreakfastMain4.37 × 1.91 m

eat-in kitchen · breakfast bar · granite counters

Living RoomMain4.19 × 4.93 m

hardwood floor · marble fireplace · pot lights

Primary BedroomMain5.26 × 3.45 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Dining RoomMain3.71 × 5.54 m

hardwood floor · combined w/living · pot lights

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.18Mavg asking

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

306-90 Sumach Street$1.50M2301-278 Bloor Street$1.05M401-135 George Street$995k

The 3 closest active listings nearby.

See all comparable homes
2.40MThis home1.50M1.05M995kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $590K
$1,409this home / sqft
74active listings nearby
43days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 25% above the area average of $1,123/sqft.

42 days longer than the Toronto average (1 days).

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.

Nearby neighbourhoods

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

Bay Street Corridor
$471K
Waterfront Communities C8
$700K
Church-Yonge Corridor
$561K
Moss Park
$519K
Mimico
$598K

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

Affordability & Mortgage

Affordability
$10,916/mo
$492KIncome needed
4.9×Price ÷ income
$2,519Weekly 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.

76%mortgage
Mortgage $10,916Property tax $820Condo fee $2,549Total carry $14,285

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$10,224per month

Mortgage amount $1,916,000 · 4.14% over 25 years

$479,000Down payment (20.0%)
$1,916,000Loan before insurance
$0CMHC premium
$13,594Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,224
Property tax
$820
Condo / maintenance fees
$2,549
Heating
$0
Estimated monthly cost
$13,594

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

One-time closing costs

Ontario land transfer tax
$46,350
Toronto municipal land transfer tax
$46,350
Estimated closing costs
$92,700

Plus your down payment of $479,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,419/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

$1,151,346Total interest paid
$3,067,346Total of all payments
Principal $1,916,000 Interest $1,151,346
YearPrincipalInterestBalance
1$44,885$77,809$1,871,115
2$46,763$75,931$1,824,352
3$48,719$73,975$1,775,633
4$50,757$71,937$1,724,877
5$52,880$69,814$1,671,997
6$55,092$67,602$1,616,905
7$57,396$65,298$1,559,509
8$59,797$62,897$1,499,713
9$62,298$60,396$1,437,415
10$64,904$57,790$1,372,511
11$67,619$55,075$1,304,892
12$70,447$52,247$1,234,445
13$73,394$49,300$1,161,052
14$76,464$46,230$1,084,588
15$79,662$43,032$1,004,926
16$82,994$39,700$921,932
17$86,466$36,228$835,466
18$90,082$32,611$745,384
19$93,850$28,843$651,534
20$97,776$24,918$553,758
21$101,866$20,828$451,892
22$106,127$16,567$345,765
23$110,566$12,128$235,199
24$115,191$7,503$120,009
25$120,009$2,685$0

At the end of your 5-year term

Total paid over the term
$613,469
Principal paid down
$244,003
Interest paid
$369,466
Balance remaining
$1,671,997

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$5,450/mo
$65,400Gross annual rent
0.7%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.

2.7%
Gross yield
− Property tax $9,841− Condo fees $30,590− Insurance $600− Vacancy & upkeep $7,194Net operating income $17,175

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

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