505-508 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13535168

$2,200/mo
For Lease
Listed 17 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Bright and beautiful 1 bedroom, 1 bathroom condo available for lease in fantastic building in the heart of Toronto near King and Bathurst! Open concept living and dining area is adjacent to a fabulous kitchen with modern appliances and sleek finishes. Rest, relax, and soak up the sun on the private, spacious balcony! Hardwood flooring throughout the unit, and ensuite laundry for added convenience. Locker unit allows for extra storage. Well-maintained building with great amenities such as gym, party room, concierge and bike storage. Perfectly located in the vibrant downtown core with easy access to multiple transit routes, and steps from the countless restaurants, nightlife establishments, attractions, shops and services of Queen West, King West, Spadina Avenue, and The Well! The best of the city will be right at your doorstep!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13535168
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Wellington and Bathurst
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North
Days on market
17
Listing brokerage
KELLER WILLIAMS ADVANTAGE REALTY

Rooms

Dining RoomMain4.56 × 1.98 m

open concept · combined w/living · combined w/kitchen

Living RoomMain4.56 × 1.98 m

open concept · combined w/dining · w/o to balcony

KitchenMain4.56 × 1.44 m

open concept · stainless steel appl · w/o to balcony

BedroomMain3.17 × 2.15 m

hardwood floor · glass doors

BathroomMain1.47 × 2.35 m

3 pc bath · tile floor

Our TakeTeam Asgarian · Broker
Above comparables
$1,967/moest. value

Listed at $2,200/mo, and my independent estimate is about 12% above what comparable rentals suggest.

In Waterfront Communities C1 lately, landlords get about 100% of asking; homes lease in ~13 days.

List price
$1,966/moBelow market$2,200/moAbove market

Total price vs nearby homes. Fair value about $1,967/mo, median of 8 comparables.

How this estimate is builtthe short version

I take the 8 most comparable recent leases 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 lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • 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 City 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 8 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,176avg asking

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

419-550 Front Street$2,2004001-115 Blue Jays Way$2,150707-170 Fort York Boulevard$2,1302303-170 Fort York Boulevard$2,1001715-3 Concord Cityplace Way$2,300

The 5 closest of 8 active listings nearby.

See all comparable homes
2,200This home2,2002,1502,1302,1002,300This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $2K
18active listings nearby
17days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

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.

Nearby neighbourhoods

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

Bay Street Corridor
$3K
Waterfront Communities C8
$2K
Church-Yonge Corridor
$2K
Moss Park
$4K
Annex
$3K

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 · 0.9 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

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

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