500 Wellington Street, Toronto, ON

$22,500
MLS#:C13268302
3 beds
3 baths
4000-4249 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $22,500 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 4000-4249 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via wood

Description

The Ultimate Full-Floor Penthouse in One of Toronto's Most Exclusive Private Boutique Buildings. This expansive 3-bedroom, 2.5-bath suite offers approx. 6,200 sq.ft. of luxurious, designer-curated living space, including a spectacular 2,000 sq.ft. private rooftop terrace featuring a raised infinity glass pool, outdoor kitchen, BBQ station, and panoramic city views. This opulent residence boasts 2 private elevators, 10-ft smooth ceilings, floor-to-ceiling windows, and a wood-burning fireplace framed by a dramatic marble feature wall. Chef's kitchen by Scavolini with Sub-Zero Pro glass-door fridge/freezer, Sub-Zero wine fridge, Viking gas cooktop & microwave, Gaggenau dishwasher, and double-thick marble countertops. Wide-plank hardwood flooring, custom closet organizers, and premium finishes throughout. Parking included. A rare offering of exceptional scale, privacy, and outdoor living in the heart of the city.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
4000-4249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/5/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleLoft
ConstructionBrick, Concrete
BasementNone
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceWood
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Built-In Oven, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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500 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 500 Wellington Street W PH1001, Toronto C01, ON M5V 1E3

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$1,125 (5.0%)
* Minimum Canadian down payment required for this price is $1,125.
Amortization Period25 Years
Estimated Monthly Payment$127Based on a loan of $21,375 over 25 years.
Purchase Price$22,500
Loan Amount$21,375
Provincial Land Transfer Tax:$113
Toronto Municipal Land Transfer Tax:$113
Total Estimated Closing Taxes:$225

About Purchasing a Home in Toronto, ON

For a property listed at $22,500 in Toronto, the legal minimum down payment is $1,125 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 $113 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $113 also applies, bringing the total estimated land transfer taxes to $225.

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$791,306

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.