250 Wellington St W #PH31 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $360,000. It has 500-599 sq ft of living space.
1Step outside your door and walk to virtually everything - world-class restaurants, nightlife, entertainment, shopping, the Financial District, transit and more.
Welcome to The Luxury Icon 2 - an exceptional opportunity to own a penthouse suite in the heart of Toronto's Financial and Entertainment Districts. This bright and stylish 516 sq. ft. junior one-bedroom corner suite features high ceilings, hardwood flooring throughout and a smart, functional layout that makes excellent use of every inch of space.Perfect for a first-time buyer, investor, executive rental or a short-term rental opportunity for those using the suite as their principal residence, this home offers incredible flexibility in one of downtown Toronto's most sought-after locations. Step outside your door and walk to virtually everything - world-class restaurants, nightlife, entertainment, shopping, the Financial District, transit and more. A truly AAA location for both lifestyle and investment potential.The Luxury Icon is a well-managed building with an impressive range of amenities, including 24-hour concierge, fitness room, lap resistance pool, party room, workspaces and a rooftop patio with BBQ terrace.Whether you're looking to get into the downtown market, build an investment portfolio or take advantage of the demand for executive and permitted short-term accommodations while living in the suite as your principal residence, this is an opportunity worth exploring. A fantastic downtown offering with high ceilings, an unbeatable location and exceptional lifestyle flexibility.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $720 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 250 Wellington St W #PH31
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
250 Wellington St W #PH31 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14152944$360,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 250 Wellington St W #PH31 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,769
/mo
based on the purchase price of $360,000
$72,000 cash
$288,000 financed
$242,572 total interest
Principal54%$288,000
Interest46%$242,572
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $360K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5151.3%On average, homes sold at or above asking.
Active listings12,774Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.
Based on 9,203 sales from Aug 7 – Nov 5, 2026 (7,131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 250 Wellington St W #PH31
How much is 250 Wellington St W #PH31 listed for?
250 Wellington St W #PH31 is listed at $360,000 (MLS® C14152944). Summitly updates the price as soon as the MLS® record changes.
Is $360,000 a good price for 250 Wellington St W #PH31?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 250 Wellington St W #PH31 changed?
No — 250 Wellington St W #PH31 is still listed at its original asking price of $360,000.
How many bedrooms and bathrooms does 250 Wellington St W #PH31 have?
250 Wellington St W #PH31 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 250 Wellington St W #PH31?
About $1,769 a month — principal and interest on $360,000 with 20% down ($72,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 250 Wellington St W #PH31 compare with other homes in Toronto?
Its asking price of $360,000 is about 57% below the median sold price in Toronto over the last 90 days, $840,000, across 9,203 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 250 Wellington St W #PH31 been sold before?
Summitly has no earlier MLS® sale or lease of 250 Wellington St W #PH31 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 250 Wellington St W #PH31?
250 Wellington St W #PH31 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 250 Wellington St W #PH31 been on the market?
250 Wellington St W #PH31 was listed today (November 5, 2026).
What is the price per square foot of 250 Wellington St W #PH31?
About $601 to $720 per square foot: the asking price of $360,000 over the 500–599 sq ft the listing gives as its size range.
Does 250 Wellington St W #PH31 have parking or a garage?
Garage: Yes.
Does 250 Wellington St W #PH31 have a basement, and is it finished?
The listing says 250 Wellington St W #PH31 has no basement.
