M07-350 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13487576

$550,888
For Sale
Listed 23 days ago
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1Bedrooms
1Bathrooms
0Parking
700-799Sq Ft

About this home

A Rare Offering: ONLY DOUBLE UNIT facing Clarence Square Park in the entire SoHo Condominiums. This incomparable 700 sq. ft., 1 bedroom, 1 bathroom mezzanine suite is offered by the original designer/owner. BRAND NEW APPLIANCES (Stove, Dishwasher, Fridge) BRAND NEW FLOORS (8' Wide Plank Oak Floors) Unique galley kitchen (full-size appliances) maximizes space and flow. Upgrades include granite counters, blackout drapes, bespoke baseboards and trim, marble bathroom, and hand-laid hardwood floors. With a quiet, sunny west-facing treed view, complete privacy, and hotel-level amenities. On-site concierge/security for parcel deliveries and guest reception. SoHo Hotel-quality cleaning staff keeps the property pristine. Pay only your internet - all heat, water, electricity, and SoHo gym access are included in your maintenance fee!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13487576
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Wellington St. W. & Blue Jays Way
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$860/mo
Exposure
West
Property tax
$2,310 / 2025
Days on market
23
Listing brokerage
PROPERTY.CA INC.

Rooms

Dining RoomMain5.49 × 5.11 m
KitchenMain6.10 × 1.90 m
Living RoomMain5.49 × 5.11 m
BedroomMain3.35 × 3.20 m
BathroomMain3.20 × 1.52 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$667Kest. value

Listed at $550,888, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 63 similar homes nearby, adjusted for size, beds, and baths.Median of 63 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $435K, lower than the comparables and worth a second look.

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 $819K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $774K

That comparable adjusts to $774K; the $667K estimate above is the median of all 63 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

List price
$551KGreat deal$730KOverpriced

Total price vs nearby homes. Fair value about $667K, median of 63 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$635kavg asking

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

2009-300 Front Street$600k1906-18 Yonge Street$498k414-90 Stadium Road$620k1111-77 Harbour Square$699k3712-30 GRAND TRUNK Crescent$760k

The 5 closest of 6 active listings nearby.

See all comparable homes
551kThis home600k498k620k699k760kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $599K
$735this home / sqft
64active listings nearby
23days on market

This home lists 22% below the area average of $940/sqft.

22 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.

Getting around

0/ 100

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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$628K
Annex
$929K
Mimico
$872K
Willowdale East
$489K
Bayview Village
$748K

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
$2,511/mo
$121KIncome needed
4.5×Price ÷ income
$579Weekly 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.

70%mortgage
Mortgage $2,511Property tax $193Condo fee $860Total carry $3,563

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)
$2,352per month

Mortgage amount $440,710 · 4.14% over 25 years

$110,178Down payment (20.0%)
$440,710Loan before insurance
$0CMHC premium
$3,404Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,352
Property tax
$193
Condo / maintenance fees
$860
Heating
$0
Estimated monthly cost
$3,404

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

One-time closing costs

Ontario land transfer tax
$7,493
Toronto municipal land transfer tax
$7,493
Estimated closing costs
$14,986

Plus your down payment of $110,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,856/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

$264,828Total interest paid
$705,538Total of all payments
Principal $440,710 Interest $264,828
YearPrincipalInterestBalance
1$10,324$17,897$430,386
2$10,756$17,465$419,630
3$11,206$17,015$408,424
4$11,675$16,547$396,749
5$12,163$16,058$384,586
6$12,672$15,550$371,914
7$13,202$15,020$358,712
8$13,754$14,467$344,958
9$14,330$13,892$330,628
10$14,929$13,293$315,699
11$15,553$12,668$300,146
12$16,204$12,018$283,942
13$16,882$11,340$267,060
14$17,588$10,634$249,472
15$18,324$9,898$231,149
16$19,090$9,132$212,059
17$19,888$8,333$192,171
18$20,720$7,501$171,450
19$21,587$6,634$149,863
20$22,490$5,732$127,373
21$23,431$4,791$103,942
22$24,411$3,811$79,532
23$25,432$2,790$54,100
24$26,496$1,726$27,604
25$27,604$618$0

At the end of your 5-year term

Total paid over the term
$141,108
Principal paid down
$56,125
Interest paid
$84,983
Balance remaining
$384,586

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
2.3%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.

5.2%
Gross yield
− Property tax $2,310− Condo fees $10,321− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,401

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.

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