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New4 hours ago

901 - 508 Wellington Street W

Waterfront Communities C1, Toronto

$489,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Close the apps, it's a match! Welcome to Suite 901 at 508 Wellington-a rarely offered boutique one-bedroom with the space, comfort and location downtown buyers are searching for. Directly across from The Well, you're steps from incredible dining, shopping and entertainment, yet tucked into an intimate tree lined community that feels refreshingly removed from the downtown rush. Naturally bright and exceptionally well proportioned, this 646 sq. ft. suite offers something increasingly hard to find: room to truly live. There's space for a full-size sofa, a proper dining set and effortless entertaining, all without sacrificing flow. A generously sized bedroom, spacious bathroom and three-door closet give you the comfort and storage to live beautifully-whether on your own or as a couple. Full-length windows, hardwood flooring, modern appliances and ensuite laundry complete a home that makes everyday city living easy. One underrated feature you'll quickly appreciate: your own individually controlled heat pump with heating and cooling year-round. Toronto weather may change by the day, but your comfort stays in your control. With just 91 residences in an intimate 11-storey building, Downtown Condos delivers boutique living with a true sense of community-including the familiar welcome of Punya at concierge, one of those little details that makes coming home feel personal. King West, Victoria Memorial Park and some of Toronto's best restaurants and cafés are all just steps away. Perfect for first-time buyers, professionals or investors looking for that rare combination of real space, exceptional location and lasting livability. Save yourself the scrolling-you may have just found the one. Book your showing and come experience Suite 901 for yourself.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$696
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,169
mls© NumberC13659014
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,503
Property tax
$264
Heat allowance
$150
Condo fees, half counted
$348
Housing costs
$3,265 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $97,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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