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250 Wellington Street W PH31

Waterfront Communities C1, Toronto, M5V 3P6 · More in this building

$399,000

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  • 1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 500-599 sq ft

Listed 50 days ago · MLS® C13727578

About this home

Welcome to The Luxury Icon 2 - an exceptional opportunity to own a penthouse suite in the heart of Toronto's Financial and Entertainment Districts. This bright and stylish 516 sq. ft. junior one-bedroom corner suite features high ceilings, hardwood flooring throughout and a smart, functional layout that makes excellent use of every inch of space.Perfect for a first-time buyer, investor, executive rental or a short-term rental opportunity for those using the suite as their principal residence, this home offers incredible flexibility in one of downtown Toronto's most sought-after locations. Step outside your door and walk to virtually everything - world-class restaurants, nightlife, entertainment, shopping, the Financial District, transit and more. A truly AAA location for both lifestyle and investment potential.The Luxury Icon is a well-managed building with an impressive range of amenities, including 24-hour concierge, fitness room, lap resistance pool, party room, workspaces and a rooftop patio with BBQ terrace.Whether you're looking to get into the downtown market, build an investment portfolio or take advantage of the demand for executive and permitted short-term accommodations while living in the suite as your principal residence, this is an opportunity worth exploring. A fantastic downtown offering with high ceilings, an unbeatable location and exceptional lifestyle flexibility.

Details

Type
Condo Apartment
Style
Apartment
Size
500-599 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$2,030 (2026)
Maintenance fee
$576/month
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01
Price per sq ft
$726 (22% below condo apartments in Waterfront Communities C1, $926)
Fee per sq ft
$1.05/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece (flat)
Rooms
3 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Wheelchair Access

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Condo

Monthly fee
$576
Fee includes
Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Exposure
North
Pets
Yes-with Restrictions
Property manager
Wilson Blanchard

More

Possession
immediate
Cross street
Wellington St west and Bluejays Way

Rooms

RoomLevelSizeFeatures
Living RoomFlat4.45 × 4.14 m (14'7" × 13'7")Hardwood Floor, Juliette Balcony, Large Window
Dining RoomFlat4.45 × 4.14 m (14'7" × 13'7")Hardwood Floor, Sliding Doors, Large Window
BedroomFlat2.46 × 3.2 m (8'1" × 10'6")Hardwood Floor

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Andrew Subway9 min walk
  • 🚇 Osgoode Subway12 min walk
  • 🚆 Toronto Union Station GO14 min walk

Within a 10-minute walk: 21 grocery stores, 395 cafés and restaurants, 30 parks, 21 pharmacies. Nearest grocery: Foodlane (50 m). Nearest park: Clarence Square (250 m).

Schools nearby

Elementary

  • ALPHA Alternative Junior School9 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%    10 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%    10 min walk
  • Bishop Macdonell Catholic Elementary School Catholic
    EQAO: Gr 6 reading 97%, math 64%    11 min walk

Secondary

  • Oasis Alternative Secondary School9 min walk
  • Contact Alternative School15 min walk
  • City School
    EQAO: literacy test 58%    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 52 active

  • 156 JOHN ST · 500 m
    Site Plan · Application Received · applied 2026
    Proposed change of use from office to a hotel occupancy with ground floor modifications.
    Application details
  • 276 KING ST W · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…
    Application details
  • 315 FRONT ST W · 200 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval Application for Phase 1 of a three phase development at 315-325 Front Street West. The Phase 1 site plan includes two primarily residential…
    Application details
  • 55 JOHN ST · 200 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Approval for the relocation of Toronto Fire and Emergency Service Station 332 to the south side of Metro Hall.
    Application details
  • 315 FRONT ST W · 200 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment to previously approved ZBA 19 204347 STE 10 OZ for three residential towers (50 and 71 storeys) and one office tower (60 storeys). The…
    Application details
  • 111 PETER ST · 350 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…
    Application details

58 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 600 m
  • 🚧 Osgoode 750 m
  • 🚧 King West GO Transit900 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🚆 Rail line (Union Station Rail Corridor)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CRE

Commercial Residential Employment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Garage Repair/Reconstruction · 2025 · Inspection
    Proposal for localized concrete repair to the underground parking garage.
  • Other · 2019 · Permit Issued
    Lobby doors to be removed and to be replaced; front doors to be barrier free sliding doors and rear doors to remain as swing doors. (Door…

4 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

14 City street trees within 100 m, mostly honeys. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL ESTATE HOMEWARD.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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