$399,000
Est. payment $1,767/moCalculate yours
250 Wellington Street W PH31, Toronto, ON M5V 3P6
Waterfront Communities C1, Toronto, ON M5V 3P6
- 1 Beds
- 1 Baths
- 500 Sq Ft
Listing courtesy of REAL ESTATE HOMEWARD 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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 500 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $2,030 (2026)
- Condo Fee
- $576/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- Wellington St west and Bluejays Way
Listing
- MLS® Number
- C13727578
- Days on Market
- 48
- Listed On
- 2026-08-31
- Possession
- immediate
- Listed By
- REAL ESTATE HOMEWARD
Rooms
Features
Interior
- Wheelchair Access
- Included
- Fridge, Stove, B/I Microwave, B/I Dishwasher, Washer, Dryer, All Elfs & Window Coverings,
- Excluded
- staging items.
Mortgage calculator
Estimated mortgage payment
$1,767 per month
- Principal and interest
- $1,767
- Property tax
- $169
- Condo fees
- $576
- Estimated monthly cost
- $2,512
Your mortgage
- Mortgage amount
- $319,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $210,806
Cash to close
- Down payment
- $79,800
- Land transfer tax (Ontario + Toronto)
- $8,920
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $88,720
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.