M04-350 Wellington Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14085752

$475,000
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Welcome to elevated urban living in the Entertainment District at Soho Metropolitan, where luxury, style, and convenience come together in the heart of downtown.
  • This wonderful and spacious 750 sq. ft. one-bedroom suite with a versatile foyer/den offers plenty of room for a king-sized bed and features soaring 9.5-foot...
  • Enjoy an exceptional lifestyle with access to the Soho Hotel's first-class amenities, including a fitness centre, Jacuzzi, and pool.
  • Step outside to discover a 2.5-acre park directly across the street, while the waterfront, CN Tower, Rogers Centre, Roy Thomson Hall, Metro Hall, TIFF and everyday...

Welcome to elevated urban living in the Entertainment District at Soho Metropolitan, where luxury, style, and convenience come together in the heart of downtown. This wonderful and spacious 750 sq. ft. one-bedroom suite with a versatile foyer/den offers plenty of room for a king-sized bed and features soaring 9.5-foot ceilings, upgraded flooring, as well as an upgraded washer and dryer, and an airy open-concept layout filled with natural light. Enjoy an exceptional lifestyle with access to the Soho Hotel's first-class amenities, including a fitness centre, Jacuzzi, and pool. Step outside to discover a 2.5-acre park directly across the street, while the waterfront, CN Tower, Rogers Centre, Roy Thomson Hall, Metro Hall, TIFF and everyday conveniences are all just a short walk away. Residents also enjoy convenient access to on-site dining options, including Senses, Aera and Lucie. A rare opportunity to own a generously sized luxury suite in one of downtown's most prestigious addresses-perfect for end users, professionals, or investors seeking an exceptional city lifestyle. A delight for sports and entertainment fans!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14085752
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Wellington / Blue Jays Way
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$959/mo
Exposure
South
Property tax
$2,686 / 2026
Days on market
3
Listing brokerage
REAL BROKER ONTARIO LTD.
Our TakeTeam Asgarian · Broker
A small discount is typical
$460Klikely sale price

Listed at $475,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 283 local closings in 90 days), the likely sale price is near $460K, if it sells. A realistic range is $434K to $498K.

Independent value check: $486K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $452K and $511K).

Why $486K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,686 a year; the typical home sold here pays about $3,300.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▼ Lowers itIts maintenance fee is $959 a month; the typical unit sold here pays about $650.
List price
$434KBelow recent closings$498KAbove recent closings

Total price vs nearby homes. Likely closing about $460K, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
3days on market so far
$2,657/moest. rent · 27 leases
6.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 68 condo apartment homes for sale in the area against 283 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 $634/sqft against an area asking average of $922/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 283 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $530K. Condition and finishes remain an in-person call.

What the listing highlights3 points 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Kensington-Chinatown
$585K
Niagara
$724K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
North St. James Town
$765K

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
$2,165/mo
$111KIncome needed
4.3×Price ÷ income
$500Weekly cost
$11,950Land 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.

65%mortgage
Mortgage $2,165Property tax $224Condo fee $959Total carry $3,348

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$3,284Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$224
Condo / maintenance fees
$959
Heating
$0
Estimated monthly cost
$3,284

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

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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$2,657/mo
$31,884Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,524 to $2,855Typical 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 $2,472 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,657. 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.

6.7%
Gross yield
− Property tax $2,686− Condo fees $11,506− Insurance $600− Vacancy & upkeep $3,507Net operating income $13,585

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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