706-455 Wellington St
Waterfront Communities C1, Toronto, Ontario M5V 0V8
- Bedrooms
- 2+1
- Bathrooms
- 3
- Size
- 1,600–1,799sq ft
- Per sq ft
- $1,459at the range’s middle
- Tax a year
- $11,1262026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 706-455 Wellington St
706-455 Wellington St is a 2+1-bedroom, 3-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $2,479,900 (MLS® C14111622).
Introducing Suite 706 at The Well Signature, where generous space, natural light and considered design come together in the heart of downtown Toronto. Spanning an impressive 1,752 sq. ft., this beautifully appointed residence offers a rare sense of scale in the city, complemented by an expansive private landscaped terrace that serves as a true extension of the home. It is an exceptional opportunity for those seeking the proportions of a house with the ease of condominium living. Floor-to-ceiling windows and soaring ceilings draw natural light deep into the open-concept living and dining areas, creating an airy, gracious setting for both everyday living and entertaining. Refined finishes are carried throughout, lending the residence a cohesive and understated elegance. At its centre, the sleek contemporary kitchen is appointed with premium appliances and custom cabinetry, designed to balance style with function, whether preparing a quiet weeknight meal or hosting family and friends. The generously proportioned bedrooms are thoughtfully arranged for privacy and comfort, each featuring its own walk-in closet. The serene primary suite offers a true private retreat at the end of the day, while the spa-inspired bathrooms bring a quiet sense of luxury to the daily routine. Beyond the interiors, the expansive landscaped terrace is a rare outdoor setting in downtown living, offering an exceptional space for alfresco dining, entertaining on a summer evening or simply unwinding in privacy above the city. It is a natural continuation of the living space and one of the residence's most distinctive features. Residents enjoy the elevated amenities and attentive concierge service of The Well Signature, with the shops, restaurants and vibrant energy of one of Toronto's most dynamic destinations just steps from home. This is a sophisticated urban residence defined by space, design and effortless city living, offered in one of the city's most sought-after addresses.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$10,008/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 66 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $11,126 / 2026
- MLS® number
- C14111622
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 1600-1799 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main, 1 × 2pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Suite 706 includes: fridge, oven, gas range, dishwasher, wine fridge, stacked washer and dryer, all electric light fixtures, all window coverings, heated floors in primary bedroom ensuite, one parking and one locker.
- Condo maint.
- $2,092
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.75 × 10.91 m | hardwood floor, Open Concept, W/O To Balcony | Main |
| Dining | 4.75 × 10.91 m | hardwood floor, Open Concept, Combined W/Living | Main |
| Kitchen | 2.47 × 4.66 m | Stone Counter, Centre Island, Modern Kitchen | Main |
| Primary | 3.08 × 3.99 m | 5 Pc Ensuite, W/I Closet, hardwood floor | Main |
| 2nd Br | 3.41 × 3.93 m | 4 Pc Ensuite, W/I Closet, hardwood floor | Main |
| Den | 3.05 × 3.5 m | hardwood floor, Open Concept, Separate Rm | Main |
Listing history
Buy/sell history for 706-455 Wellington St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,479,900 | N/A | For Sale | C14111622 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $495,980
- Total mortgage amount
- $1,983,920
- Total interest payment
- $1,410,280
- Total purchase cost
- $3,890,180
- Mortgage payment
- $11,314/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
91%Monthly carrying cost
$14,333- Rent $4,325
- Shortfall $10,008
Rental income opens at $4,325, the median asking rent of 66 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $48,473
- Toronto municipal land transfer tax
- $48,473
- Total land transfer tax
- $96,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $88,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,479,900
- $11,998
- Ontario total
- $48,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $48,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m121 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (581 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 150 building permits issued within 250 m in the last 2 years250 m
- 25 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.0 km1 km
- Mapped parcel: about 314,410 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 160 m160 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 4 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CRE (x10)By-law
569-2013Municipality
Toronto1 x10
Site-specific exception 10: this site has rules of its own, written in the by-law.
2 Where this is written
Chapter 50, section 50.10 of By-law 569-2013 · Exception 900.12.10(10)
3 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
7 building permits cleared at this address in the City’s file.
Electromagnetic LocksClosed
Proposal to install one new maglock in the residential lobby.
Issued September 19, 2022
Alternative SolutionApproved
Application to use grade TP3-4 SCH 10 stainless steel (SS) Pipe as alternate to type L copper for domestic water main riser for added safety of higher working pressure rating of SS pipe (listed at 1000 PSIG) compared to type L copper (listed at 504 PSIG). SS pipe proposed to be installed using victaulic IPS stainless steel pipe pressfit system for joint fittings.
Completed February 11, 2022
New BuildingClosed
BUILDING C: One of four site plan applications for the residential portion of the redevelopment of the former Globe and Mail lands (aka "The Well"). These residential site plan applications are related to the non-residential "Master" site plan application (file no. 16 269540 STE 20 SA). This application refers to Building "C", a 14-storey residential building with 99 units.
Issued June 28, 2021
Partial Permit - Structural FramingClosed
Part Permit - Submission 3 for BUILDING C: One of four site plan applications for the residential portion of the redevelopment of the former Globe and Mail lands (aka "The Well"). These residential site plan applications are related to the non-residential "Master" site plan application (file no. 16 269540 STE 20 SA). This application refers to Building "C", a 14-storey residential building with 99 units.
Issued June 11, 2021
Building Permit Related(MS)Closed
HVAC - Submission 3 for BUILDING C: One of four site plan applications for the residential portion of the redevelopment of the former Globe and Mail lands (aka "The Well"). These residential site plan applications are related to the non-residential "Master" site plan application (file no. 16 269540 STE 20 SA). This application refers to Building "C", a 14-storey residential building with 99 units.
Issued June 11, 2021
Building Permit Related(PS)Closed
Plumbing - Submission 3 for BUILDING C: One of four site plan applications for the residential portion of the redevelopment of the former Globe and Mail lands (aka "The Well"). These residential site plan applications are related to the non-residential "Master" site plan application (file no. 16 269540 STE 20 SA). This application refers to Building "C", a 14-storey residential building with 99 units.
Issued June 11, 2021
Alternative SolutionApproved
Alternative Solution for Standpipe as per the attched worksheet/report to Buildings- (Building C) In connection with Building Permit Application: 19-103515.
Completed November 19, 2020
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
467 WELLINGTON ST WSite planUnder Review
Site Plan Application to facilitate the redevelopment of the site with a 23-storey mixed-use building with retail at-grade and residential above. 225 residential units are proposed. This application is being reviewed in conjunction with the associated Site Plan Application File No. 22 179828 STE 10 OZ.
40 m away485 WELLINGTON ST WCondominiumUnder Review
*** Draft Plan of Condominium for 117 units.
80 m away489 WELLINGTON ST WCondominiumUnder Review
*** Draft Plan of Condominium for 117 units.
90 m away495 KING ST WCondominiumUnder Review
Draft Plan of Standard Condominium for 439 units.
140 m away499 KING ST WCondominiumUnder Review
Draft Plan of Standard Condominium for 439 units.
170 m away511 KING ST WCondominiumUnder Review
Draft Plan of Standard Condominium for 439 units.
170 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 630
- Median asking price
- $629K
- New in 7 days
- 69
- Price cuts
- 21%
Middle half: $539K to $837K
251 in 28 days
132 listings
This home is asking 294% above the median, higher than three quarters of them.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.4 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| King Station | TTC subway: Line 1 Yonge-University | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 450 m | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 83%Grade 6 average |
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 650 m | 75%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.7 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 800 m | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.3 km | 8%Grade 9 math |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.9 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.7 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Waterfront Communities C1 are shown to signed-in members.