M5-350 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13882390

$299,000
For Sale
Listed 11 days agoNo offer date stated
1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • A Refined Downtown Lifestyle in the Heart of Toronto.
  • Residents enjoy an exceptional collection of amenities shared with the attached SoHo Metropolitan boutique hotel, including an indoor saltwater pool, whirlpool...

A Refined Downtown Lifestyle in the Heart of Toronto. Welcome to 350 Wellington, where sophisticated urban living meets the comfort and convenience of a boutique hotel-inspired lifestyle. Beautifully refreshed and truly move-in ready, this stylish residence features brand-new appliances (excluding the refrigerator), new flooring, fresh paint and thoughtful updates throughout. Underground parking is also available for added downtown convenience. Step outside and experience the best of Toronto just moments away. Walk to The Well, King West, Spadina, the Entertainment District, Rogers Centre, TIFF, the Financial District, CN Tower, acclaimed restaurants, cafés, shopping and the waterfront. Nearby Clarence Square offers a charming neighbourhood parkette with an enclosed dog park and seasonal community activity, providing a welcoming outdoor escape in the heart of the city. TTC is nearby, with convenient access to the Gardiner. What truly distinguishes this address is the exclusive SoHo lifestyle. Residents enjoy an exceptional collection of amenities shared with the attached SoHo Metropolitan boutique hotel, including an indoor saltwater pool, whirlpool, fitness centre, steam room and more, bringing an elevated sense of comfort and wellness to everyday living, adding to the appeal. All utilities are included in the monthly maintenance fees, offering additional convenience and value. From a morning workout to dinner on King West, an evening at Rogers Centre, a film at TIFF or a weekend by the waterfront, this is downtown living designed around convenience, culture and connection. Beautifully updated. Exceptionally located. A distinctive opportunity to experience downtown Toronto at its best.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13882390
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Wellington And Blue Jays Way
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$844/mo
Exposure
South
Property tax
$2,402 / 2026
Days on market
11
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Dining RoomMain3.12 × 2.43 m

hardwood floor · open concept · combined w/kitchen

BathroomMain

marble floor · soaking tub · pot lights

Primary BedroomMain4.87 × 3.04 m

hardwood floor · large closet · window

KitchenMain4.13 × 2.13 m

modern kitchen · granite counters · centre island

Living RoomMain3.96 × 3.14 m

hardwood floor · open concept · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$290Klikely sale price

Listed at $299,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 282 local closings in 90 days), the likely sale price is near $290K, if it sells. A realistic range is $273K to $314K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$273KBelow recent closings$314KAbove recent closings

Total price vs nearby homes. Likely closing about $290K, from 282 recent closings in this pocket.

The market behind the math:

282sold nearby · 90 days
$617Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
11days on market so far
$2,463/moest. rent · 27 leases
9.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 65 condo apartment homes for sale in the area against 282 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $460/sqft against an area asking average of $916/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 282 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $496K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
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 5 homes sold in this building over the past 20 months, from 506 closings in Waterfront Communities C1.

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Church-Yonge Corridor
$680K
Bay Street Corridor
$479K
Moss Park
$633K
Waterfront Communities C8
$570K
Mount Pleasant West
$639K

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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.4 km
ALPHA Alternative Junior School · Public elementary0.4 km
Bishop Macdonell Catholic School · Catholic elementary0.6 km · 82% at standard
Jean Lumb Public School · Public elementary0.6 km · 73% at standard
Contact Alternative School School · Public secondary1.0 km
The Waterfront School · Public elementary1.0 km · 74% at standard
Heydon Park Secondary School · Public secondary1.2 km · 8% at standard
Niagara Street Junior Public School · Public elementary1.2 km · 82% at standard
Beverley School · Public elementary1.3 km
Subway Academy II · Public secondary1.3 km
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Orde Street Public School · Public elementary1.6 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,363/mo
$78KIncome needed
3.8×Price ÷ income
$314Weekly cost
$5,920Land transfer tax, one-time (Ontario + Toronto)
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.

57%mortgage
Mortgage $1,363Property tax $200Condo fee $844Total carry $2,407

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,323per month

Mortgage amount $239,200 · 4.49% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$2,367Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,323
Property tax
$200
Condo / maintenance fees
$844
Heating
$0
Estimated monthly cost
$2,367

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

One-time closing costs

Ontario land transfer tax
$2,960
Toronto municipal land transfer tax
$2,960
Estimated closing costs
$5,920

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,601/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

$157,573Total interest paid
$396,773Total of all payments
Principal $239,200 Interest $157,573
YearPrincipalInterestBalance
1$5,338$10,533$233,862
2$5,580$10,291$228,282
3$5,834$10,037$222,448
4$6,099$9,772$216,350
5$6,375$9,496$209,974
6$6,665$9,206$203,309
7$6,968$8,903$196,342
8$7,284$8,587$189,058
9$7,615$8,256$181,443
10$7,960$7,911$173,483
11$8,322$7,549$165,161
12$8,700$7,171$156,462
13$9,095$6,776$147,367
14$9,508$6,363$137,860
15$9,939$5,932$127,920
16$10,390$5,480$117,530
17$10,862$5,009$106,668
18$11,355$4,516$95,312
19$11,871$4,000$83,441
20$12,410$3,461$71,031
21$12,973$2,897$58,058
22$13,563$2,308$44,495
23$14,178$1,693$30,317
24$14,822$1,049$15,495
25$15,495$376$0

At the end of your 5-year term

Total paid over the term
$79,355
Principal paid down
$29,226
Interest paid
$50,129
Balance remaining
$209,974

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
From 27 whole-home leases in Waterfront Communities C1$2,463/mo
$29,556Gross annual rent
4.4%Cap rate after taxes and upkeep
$2,340 to $2,661Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 27 whole-home leases in Waterfront Communities C1 signed at a median of $2,473 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,463. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

9.9%
Gross yield
− Property tax $2,402− Condo fees $10,124− Insurance $600− Vacancy & upkeep $3,251Net operating income $13,179

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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