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New Construction for Sale in Downtown Toronto
103 days on market- MLS Number
- C12848836
- Property Type
- New Construction
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- Corcoran Horizon Realty
Experience elevated downtown living in the heart of Toronto's vibrant Waterfront Communities. Tridel at The Well is a triumph of design - a luxury boutique condo rising 14 stories on Wellington Street West, overlooking the Grand Promenade below and seamlessly blending modern architectural elegance with the street's historic character. Part of downtown Toronto's most ambitious mixed-use community, this residence offers a lifestyle defined by luxury, convenience, and sophistication. This sun-filled northwest corner suite spans 1,515 sq.ft. and features 2 Bedrooms + Study and 2.5 Bathrooms, with oversized windows that flood the home with natural light and showcase dynamic city views. Thoughtfully designed with a seamless, carpet-free layout, it boasts rich hardwood floors, engineered quartz countertops, and a full suite of premium Miele built-in appliances. The spacious primary retreat is a serene sanctuary, complete with a spa-inspired ensuite and boutique-style his and hers walk-in closets. A generous second bedroom, dedicated study, and beautifully appointed bathrooms provide flexibility and comfort for modern living. Enjoy 24-hour concierge and security along with an exceptional collection of amenities, including a state-of-the-art fitness centre and weight area, private dining room, entertainment lounge, elegant fireplace lounge, and a stunning outdoor pool with tanning deck (seasonal). Complete with 1 parking space and 1 locker, this residence offers a Walk Score of 94 and Transit Score of 100 - placing you steps from world-class dining, shopping, and the energy of Wellington Street West. This is downtown Toronto living at its finest - sophisticated, sunlit, and seamlessly connected to everything the city has to offer.
Estimate your monthly payments for this property
Estimated Payment
$9,399.59/mo
5-yr fixed avg.
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.
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
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.
455 Wellington Street Unit 610, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1518/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 103 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.