270 Wellington Street Unit 313, Toronto C01

Price: $489,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13512388

OFFERS ANYTIME! Welcome to Tridel-Built ICON 2, in the Heart of Toronto's Entertainment District.Discover urban living at its finest in this spacious 1-bedroom plus den condo, offering over 680 square feet of thoughtfully designed, zero-wasted-space living. Every square foot is put to use in this efficient, functional layout including a versatile den that makes an ideal home office or guest space, while the spacious primary bedroom enjoys south-facing views and plenty of natural light. Step outside to your private south-facing balcony, a perfect spot to unwind while taking in open city views. The dedicated kitchen area is well-suited for cooking and entertaining, and the unit is move-in ready, so you can settle in without lifting a finger. ALL utilities are included in your monthly maintenance fees, adding everyday convenience and value.Residents enjoy access to premium building amenities, including 24-hour concierge service, a fitness centre, indoor pool, sauna, party room, and a stunning rooftop terrace with BBQs, ideal for entertaining while taking in views of the CN Tower and downtown skyline.Location doesn't get better than this: with an incredible WALK SCORE, you're steps from the Financial District, the PATH, St. Andrew subway station, and some of the city's best restaurants, cafes, and nightlife. The CN Tower, Rogers Centre, and Ripley's Aquarium are all within easy walking distance.

270 Wellington Street Unit 313 - Condo photo 1 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 2 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 3 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 4 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 5 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 6 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 7 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 8 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 9 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 10 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 11 of 12 in Downtown Toronto / Waterfront, Ontario
270 Wellington Street Unit 313 - Condo photo 12 of 12 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$489,900 - 270 Wellington Street Unit 313, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 5 days ago

Neighbourhood: Waterfront Communities C1

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
C13512388
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

OFFERS ANYTIME! Welcome to Tridel-Built ICON 2, in the Heart of Toronto's Entertainment District.Discover urban living at its finest in this spacious 1-bedroom plus den condo, offering over 680 square feet of thoughtfully designed, zero-wasted-space living. Every square foot is put to use in this efficient, functional layout including a versatile den that makes an ideal home office or guest space, while the spacious primary bedroom enjoys south-facing views and plenty of natural light. Step outside to your private south-facing balcony, a perfect spot to unwind while taking in open city views. The dedicated kitchen area is well-suited for cooking and entertaining, and the unit is move-in ready, so you can settle in without lifting a finger. ALL utilities are included in your monthly maintenance fees, adding everyday convenience and value.Residents enjoy access to premium building amenities, including 24-hour concierge service, a fitness centre, indoor pool, sauna, party room, and a stunning rooftop terrace with BBQs, ideal for entertaining while taking in views of the CN Tower and downtown skyline.Location doesn't get better than this: with an incredible WALK SCORE, you're steps from the Financial District, the PATH, St. Andrew subway station, and some of the city's best restaurants, cafes, and nightlife. The CN Tower, Rogers Centre, and Ripley's Aquarium are all within easy walking distance.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

270 Wellington Street Unit 313, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,361

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $817/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 600 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    270 Wellington Street Unit 313 | $489,900 | Battaglia Team