$5,750/mo - 455 Wellington Street Unit 701, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed yesterday- MLS Number
- C13456154
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE VISION REALTY
Experience luxury living at The Residences at The Well, one of Toronto's most sought-after communities in the heart of King West. This exceptional 2-BEDROOM, 2.5 BATHROOM suite offers 1,101 sq. ft. of thoughtfully designed living space with 9-FOOT CEILINGS, contemporary finishes, and an open-concept layout ideal for both everyday living and entertaining. Located on the 7th floor, the suite features a PRIVATE NORTH-FACING TERRACE, floor-to-ceiling windows, in-suite laundry, a glass-enclosed shower, soft-close cabinetry, and a premium appliance package including energy-efficient stainless steel appliances and an integrated dishwasher. ONE PARKING SPACE AND ONE LOCKER are included for added convenience. Residents enjoy access to an impressive collection of amenities, including a concierge, fitness centre, yoga studio, resident lounges, media room, rooftop terraces, dining and entertainment spaces, parcel lockers, bike storage, and beautifully designed social areas. Situated within The Well, Toronto's premier mixed-use destination, you'll be steps from acclaimed restaurants, cafés, boutique shopping, Wellington Market, the Entertainment District, King West nightlife, the Financial District, transit, and the waterfront-offering an unparalleled urban lifestyle where everything you need is right at your doorstep. **Includes Virtually Staged Photos**
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 701, 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 $5,750/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.
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.
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.
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.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.