M24-350 Wellington Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13425310
About this home
Stop settling for so-so. Live SoHo.Welcome to The SoHo Residences at 350 Wellington St. Perfectly positioned in the heart of the Entertainment District, this boutique residence offers the luxuries of high-end hotel living with all the comforts of home. A rarely offered 1 bedroom corner unit at over 700 sq ft, this suite delivers the space, light, and layout that downtown one bedrooms almost never do. Step inside and experience it for yourself. Hardwood floors run from the front foyer through a stunning open-concept living space, and floor-to-ceiling windows drench the suite in natural light. Plus custom-sized motorized blinds in the living and bedroom to give owners light and privacy at the touch of a button. The well-appointed kitchen gives at-home chefs and those who love to host everything they need: ample counter space, quartz countertops, stainless steel appliances, and a breakfast bar that adds casual seating and extra prep space without crowding the layout. The 4-piece bathroom features premium marble finishes. Residents enjoy the full suite of amenities shared with the attached Soho Metropolitan boutique hotel, including an on-site fitness centre, indoor saltwater pool, whirlpool, and steam room. Plus, benefit from the convenience of all utilities being included in your monthly maintenance fees. With Rogers Centre, TIFF, the Financial District, and Clarence Square's enclosed dog park all within walking distance, there's always something happening right outside your door.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13425310
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Wellington St & Blue Jays Way
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $914/mo
- Exposure
- North East
- Property tax
- $2,578 / 2026
- Days on market
- 43
- Listing brokerage
- Royal LePage Frank Real Estate
Rooms
hardwood floor · open concept · window floor to ceiling
open concept · hardwood floor · window floor to ceiling
granite counters · breakfast bar · hardwood floor
closet · large window · vinyl floor
Listed at $499,000, and my independent estimate is right in line with comparable homes.
In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.
Total price vs nearby homes. Fair value about $485K, 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 $518K, a close match.
What the listing highlights3 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.
Based on 3 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 29% below the area average of $934/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $399,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,130
- Property tax
- $215
- Condo / maintenance fees
- $914
- Heating
- $0
- Estimated monthly cost
- $3,259
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,455
- Toronto municipal land transfer tax
- $6,455
- Estimated closing costs
- $12,910
Plus your down payment of $99,800. 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
- $127,817
- Principal paid down
- $50,838
- Interest paid
- $76,979
- Balance remaining
- $348,362
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Frank Real Estate. MLS®/PropTx.