329-250 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13559186

$499,995
For Sale
Listed 8 days ago
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◎ Directions
2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft
19 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Beautifully updated and move-in ready! This stunning, spacious suite at The Icon features engineered hardwood floors throughout, a sleek brand-new bathroom, contemporary light fixtures, updated interior doors, a large-capacity LG washer/dryer, and a brand-new fridge - all complemented by upgraded stainless steel appliances. Located in the heart of the Entertainment District, steps from the CN Tower, Rogers Centre, King West dining, and transit. Enjoy premium building amenities including 24/7 concierge, an indoor pool, gym, sauna, and a rooftop terrace with breathtaking city views. A true turnkey gem - don't wait, this one won't last!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13559186
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Wellington/Blue Jay Way
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$659/mo
Exposure
North
Property tax
$2,398 / 2025
Days on market
8
Listing brokerage
PROPERTY.CA INC.

Rooms

BedroomGround

closet · track lighting · window

DenFlat0.00 × 0.00 m

hardwood floor · track lighting · closet

BedroomFlat0.00 × 0.00 m

closet · track lighting · window

KitchenFlat0.00 × 0.00 m

hardwood floor · centre island · open concept

Living RoomFlat0.00 × 0.00 m

hardwood floor · track lighting · combined w/dining

Dining RoomFlat0.00 × 0.00 m

hardwood floor · track lighting · combined w/living

Moe’s TakeTeam Asgarian · Broker
In line
$474Kest. value

Listed at $499,995, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, sellers have been getting about 96% of asking and homes sell in about 33 days.

Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $440K, a close match.

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, sold for $480K
  • Bedrooms +$30K
  • Adjusts to $510K

That comparable adjusts to $510K; the $474K estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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 very walkable address with everyday errands close by. Blue Jays Way is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$420KGreat deal$531KOverpriced

Total price vs nearby homes. Fair value about $474K, median of 96 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$537kavg asking

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

2012-14 York Street$550k902-20 Blue Jays Way$500k3610-21 Iceboat Terrace$556k1901-8 Mercer Street$559k551-10 Capreol Court$518k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home550k500k556k559k518kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $590K
$910this home / sqft
54active listings nearby
8days on market
100sold nearby · 90 days
$618Kmedian sold price
96%of asking, on average

This home lists 3% below the area average of $938/sqft.

7 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

100/ 100

Walker's ParadiseA 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: Blue Jays Way, about 140 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.

Niagara
$696K
Waterfront Communities C8
$985K
Church-Yonge Corridor
$569K
Annex
$513K
High Park-Swansea
$550K

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
$2,279/mo
$109KIncome needed
4.6×Price ÷ income
$526Weekly 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.

73%mortgage
Mortgage $2,279Property tax $200Condo fee $659Total carry $3,138

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,135per month

Mortgage amount $399,996 · 4.14% over 25 years

$99,999Down payment (20.0%)
$399,996Loan before insurance
$0CMHC premium
$2,993Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$200
Condo / maintenance fees
$659
Heating
$0
Estimated monthly cost
$2,993

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $99,999. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,362Total interest paid
$640,358Total of all payments
Principal $399,996 Interest $240,362
YearPrincipalInterestBalance
1$9,371$16,244$390,625
2$9,762$15,852$380,863
3$10,171$15,443$370,692
4$10,596$15,018$360,096
5$11,039$14,575$349,056
6$11,501$14,113$337,555
7$11,982$13,632$325,573
8$12,484$13,131$313,089
9$13,006$12,609$300,084
10$13,550$12,065$286,534
11$14,116$11,498$272,417
12$14,707$10,907$257,710
13$15,322$10,292$242,388
14$15,963$9,651$226,425
15$16,631$8,984$209,795
16$17,326$8,288$192,468
17$18,051$7,563$174,417
18$18,806$6,808$155,611
19$19,593$6,022$136,018
20$20,412$5,202$115,606
21$21,266$4,348$94,340
22$22,156$3,459$72,184
23$23,082$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,072
Principal paid down
$50,940
Interest paid
$77,132
Balance remaining
$349,056

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$1,700/mo
$20,400Gross annual rent
1.4%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.

4.1%
Gross yield
− Property tax $2,398− Condo fees $7,914− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,244

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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