$3,700/mo - 250 Wellington Street Unit 436, Downtown Toronto
Condo for Rent in Downtown Toronto
160 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C12664794
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Client RemarksFURNISHED 735 sqft 1 + 1 Luxury Condo (3 to 12 months Short Term) Luxury Suite with Skyrise Living exquisite and perfect for pro athletes, corporate contract professionals, business and medical professionals seeking a stylish comfortable home with beautiful modern vinyl flooring to compliments spacious living. Relax on the plush sofa, complete with open-concept dining and work space, featuring a large table with four chairs perfect for entertaining or productivity. The chef-inspired kitchen boasts a breakfast bar, quartz countertops, and an extensive selection of small and large appliances, along with all the dishes, pots, pans, and bakeware you need to create culinary masterpieces Breathtaking views of iconic CN Tower and Rogers Centre from your private walk-out balcony. The master bedroom is a true retreat, featuring a luxurious brand new queen-size bed, a dresser, night table, and a double closet. A convenient double bed equipped with storage cabinet is also in the den/bedroom area to ensure comfort. Enjoy the convenience of a well-appointed 4-piece bathroom with a tub and shower. This remarkable unit was recently furnished with a flare of modern and elegance. The Icon is situated in Toronto's vibrant Entertainment District, just a three-minute walk from the CN Tower, Rogers Centre, Metro Convention Centre, and Metro Hall P.A.T.H. Experience unparalleled amenities, including a stainless steel fridge, stove, built-in dishwasher, built-in microwave/hood fan, washer/dryer, window coverings, 24-hour concierge service, and access to a stunning 19th-floor rooftop, exercise gym, sauna, and pool. Don't miss the opportunity to enjoy this lovely condo in the heart of the city! **** EXTRAS **** 24 Hr Concierge, Top Quality Equipment in Exercise/Gym, Sauna, Aqua Spa indoor pool, Two 19th Floor Terraces, BBQ's, Loungers * Stunning View of Cn Tower and Rogers Center > Cyber Lounge, Party Room, Billiard Room - Amazing Building *
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
250 Wellington Street Unit 436, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $3,700/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.