250 Wellington Street, Toronto, ON

$629,900
MLS#:C12050634
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $629,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Rarely Offered! This spacious 757 sq ft sun-filled one bedroom+ den suite is located in the prestigious Tridel built "Icon" building. Situated in the heart of downtown, this unbeatable prime downtown location offers the best of city living at your doorstep! Just a short walk to everything the city has to offer, including the Rogers Centre, The Well, CN Tower, top restaurants, nightlife, entertainment, financial district, shopping, The PATH, and so much more. Experience the best of downtown living. This unit must be seen to be appreciated. **This unit has all utilities including in the maintenance fee (heat/water/hydro/ac)** Gorgeous suite offers a desirable open-concept extra spacious layout with lots of natural sunlight from the sought-after south-facing exposure, an extra large front hallway closet offering an additional storage space with an upgraded washer/dryer, a spa-inspired renovated 4 piece luxury bathroom, smooth ceilings and crown moulding. Enjoy cooking in a modernized, upgraded kitchen with newer full-size stainless steel appliances, ceramic backsplash, centre island, ample cupboard space and granite countertops. Unwind in the expansive primary bedroom with large windows, a ceiling fan and a spacious mirrored closet. Fully enclosed separate room den with french doors offers endless possibilities to suit your needs- perfect as either a second bedroom, home office or nursery. Enjoy the resort-style building amenities, including 24-hour concierge/security, party room, a fully equipped gym, indoor pool, sauna, a rooftop bbq and outdoor area. With seamless access to public transit, steps to all essential amenities, and a quick drive to the Gardiner Expressway, make this location is highly desirable! **Building Lobby and Main Floor amenities are currently under renovation for a cosmetic upgrade**

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 24, 2025
Sold price information is available to members only
Listed Date3/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Brick
BasementNone
CountyToronto
Annual Tax$2,738.38

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Public Transit, Other

Interior Features

Storage

Security Features

Concierge/Security

Community Features

Location

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250 Wellington Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 250 Wellington Street W 237, Toronto C01, ON M5V 3P6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$37,990 (6.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period25 Years
Estimated Monthly Payment$3,527Based on a loan of $591,910 over 25 years.
Purchase Price$629,900
Loan Amount$591,910
Provincial Land Transfer Tax:$9,073
Toronto Municipal Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$18,146

About Purchasing a Home in Toronto, ON

For a property listed at $629,900 in Toronto, the legal minimum down payment is $37,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,073 also applies, bringing the total estimated land transfer taxes to $18,146.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,517

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.