908-455 wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13446922

$9,000/mo
For Lease
Listed 32 days ago
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2Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

Discover sophisticated downtown living in one of Toronto's most exciting new communities. This bright and spacious 2-bedroom, 2.5-bathroom suite features a highly functional split-bedroom layout, floor to ceiling windows, and beautiful south views that fill the home with natural light. The open concept living and dining area offers plenty of space to relax or entertain, while the modern kitchen is equipped with premium built-in appliances, quartz countertops, and a large centre island. The primary bedroom includes generous closet space and a luxurious ensuite bath, while the second bedroom enjoys its own full bathroom for added privacy. Residents have access to outstanding amenities, including an outdoor pool, fitness centre, rooftop spaces, lounges, and more. Surrounded by top restaurants, shopping, entertainment, and the waterfront, this is downtown Toronto living at its finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13446922
Bedrooms
2
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Front St. & Cherry St.
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
32
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.

Rooms

Dining RoomMain5.27 × 7.80 m

combined w/living · hardwood floor

Living RoomMain5.27 × 7.80 m

combined w/dining · hardwood floor

KitchenMain2.65 × 4.90 m

b/i appliances · centre island

Primary BedroomMain3.90 × 3.35 m

ensuite bath · walk-in closet(s)

FoyerMain3.35 × 1.82 m

Hardwood Floor

Bedroom 2Main2.27 × 3.10 m

ensuite bath · closet

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$6,896/moest. value

Listed at $9,000/mo, this rental is tracking about 31% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 95 similar rentals nearby, adjusted for size, beds, and baths.Median of 95 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 $3,700/mo
  • Size difference +$1,788/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $5,438/mo

That comparable adjusts to $5,438/mo; the $6,896/mo estimate above is the median of all 95 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 City 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 Portland St East Side is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$6,649/moBelow market$9,000/moAbove market

Total price vs nearby homes. Fair value about $6,896/mo, median of 95 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,700avg asking

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

609-1 Gloucester Street$5,000606-100 Canyon Avenue$2,8003515-5162 Yonge Street$3,5001401-1360 York Mills Road$3,500

The 4 closest active listings nearby.

See all comparable homes
9,000This home5,0002,8003,5003,500This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
96active listings nearby
32days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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 Portland St East Side, about 209 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.

Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Waterfront Communities C8
$3K
North St. James Town
$2K
Dovercourt-Wallace Emerson-Junction
$2K

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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$41/mo
$5KIncome needed
1.6×Price ÷ income
$9Weekly 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.

88%mortgage
Mortgage $41Property tax $6Total carry $47

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$38per month

Mortgage amount $7,200 · 4.14% over 25 years

$1,800Down payment (20.0%)
$7,200Loan before insurance
$0CMHC premium
$44Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$38
Property tax
$6
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$44

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

One-time closing costs

Ontario land transfer tax
$45
Toronto municipal land transfer tax
$45
Estimated closing costs
$90

Plus your down payment of $1,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$47/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

$4,327Total interest paid
$11,527Total of all payments
Principal $7,200 Interest $4,327
YearPrincipalInterestBalance
1$169$292$7,031
2$176$285$6,856
3$183$278$6,673
4$191$270$6,482
5$199$262$6,283
6$207$254$6,076
7$216$245$5,860
8$225$236$5,636
9$234$227$5,402
10$244$217$5,158
11$254$207$4,904
12$265$196$4,639
13$276$185$4,363
14$287$174$4,076
15$299$162$3,776
16$312$149$3,464
17$325$136$3,140
18$339$123$2,801
19$353$108$2,448
20$367$94$2,081
21$383$78$1,698
22$399$62$1,299
23$415$46$884
24$433$28$451
25$451$10$0

At the end of your 5-year term

Total paid over the term
$2,305
Principal paid down
$917
Interest paid
$1,388
Balance remaining
$6,283

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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