350 Wellington Street Unit M24, Toronto C01

Price: $499,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13425310

Stop settling for so-so. Live SoHo.Welcome to The SoHo Residences at 350 Wellington St. Perfectly positioned in the heart of the Entertainment District, this boutique residence offers the luxuries of high-end hotel living with all the comforts of home. A rarely offered 1 bedroom corner unit at over 700 sq ft, this suite delivers the space, light, and layout that downtown one bedrooms almost never do. Step inside and experience it for yourself. Hardwood floors run from the front foyer through a stunning open-concept living space, and floor-to-ceiling windows drench the suite in natural light. The well-appointed kitchen gives at-home chefs and those who love to host everything they need: ample counter space, quartz countertops, stainless steel appliances, and a breakfast bar that adds casual seating and extra prep space without crowding the layout. The 4-piece bathroom features premium marble finishes.Residents enjoy the full suite of amenities shared with the attached Soho Metropolitan boutique hotel, including an on-site fitness centre, indoor saltwater pool, whirlpool, and steam room. With Rogers Centre, TIFF, the Financial District, and Clarence Square's enclosed dog park all within walking distance, there's always something happening right outside your door.

350 Wellington Street Unit M24 - Condo photo 1 of 23 in Downtown Toronto / Waterfront, Ontario
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active
New Listing
1/23

$499,000 - 350 Wellington Street Unit M24, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 3 days ago
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13425310
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North East
Balcony
None
Listing Brokerage
Royal LePage Frank Real Estate
Description

Stop settling for so-so. Live SoHo.Welcome to The SoHo Residences at 350 Wellington St. Perfectly positioned in the heart of the Entertainment District, this boutique residence offers the luxuries of high-end hotel living with all the comforts of home. A rarely offered 1 bedroom corner unit at over 700 sq ft, this suite delivers the space, light, and layout that downtown one bedrooms almost never do. Step inside and experience it for yourself. Hardwood floors run from the front foyer through a stunning open-concept living space, and floor-to-ceiling windows drench the suite in natural light. The well-appointed kitchen gives at-home chefs and those who love to host everything they need: ample counter space, quartz countertops, stainless steel appliances, and a breakfast bar that adds casual seating and extra prep space without crowding the layout. The 4-piece bathroom features premium marble finishes.Residents enjoy the full suite of amenities shared with the attached Soho Metropolitan boutique hotel, including an on-site fitness centre, indoor saltwater pool, whirlpool, and steam room. With Rogers Centre, TIFF, the Financial District, and Clarence Square's enclosed dog park all within walking distance, there's always something happening right outside your door.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • 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

Downtown Toronto / Waterfront 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

350 Wellington Street Unit M24, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$888

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

Competitive Pricing

At $713/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 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.

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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    350 Wellington Street Unit M24… — $499,000 | Battaglia Team