508 Wellington Street, Toronto, ON

$1,399,800
MLS#:C12987352
0 beds
3 baths
Commercial
Commercial for sale - 0 Bed, 3 Bath Home at 508 Wellington Street Toronto ON listed at $1,399,800 (MLS# C12987352) - Main View
For Sale

GTA Transit & Commute from this Address

Realistic rush-hour travel times from 508 Wellington Street

GO Train to Union Station

TTC Subway & GO Transit network: 10–25 min to Financial Core

Highway Access

Gardiner, DVP & 401: 5–12 min drive

Airport & Regional Link

Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min

Added:Apr 11, 2026(218 days ago)
Updated:Apr 11, 2026(218 days ago)
Last Checked:5 minutes ago

Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,399,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Feet
  • Convenient underground garage included
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Iconic Fashion District-Unique Boutique Building, On The Most Desirable Wellington St. W. Exceptional 2 Storey, Over 1500 Sq Ft., Commercial Live/Work Townhome. Generous Layout & Luxury Finishes At Every Turn. Direct Street Level Private Entrance & Convenient, 2nd Level Door To Building For Amenities & Elevator. Endless Potential For A Wide Range Of Business Types. Stroll To Vibrant King West For All Daily Errands & Entertainment. Walk, Biker & Riders Paradise. Live And work The Urban Entrepreneurial Dream where success meets stardom. On One Of The Widest Streets Near The New Well And King Toronto Development, Between Victoria Memorial Park & Clarence Square Park.

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Property Summary

This commercial retail located at 508 Wellington Street, Toronto is currently for sale and has been available for 218 days. This property is listed at $1,399,800 with an estimated mortgage of $4,659* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 508 Wellington Street, Toronto is in the Waterfront Communities C1 neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •3 well-appointed bathrooms
  • •Desirable Commercial Retail architecture in Waterfront Communities C1, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Price$1,399,800
AddedApr 11, 2026 (218 days ago)
UpdatedApr 11, 2026 (218 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
CountyToronto
Annual Tax$6,899.89
Legal DescriptionUNIT 2, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 2381 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN AT3594860 CITY OF TORONTO

Parking & Garage

Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this commercial retail at 508 Wellington Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Toronto Homes for Sale & MLS® Listings

Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $4,659*/month*. Estimated Ontario Land Transfer Tax: $48,942. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 508 Wellington Street, Toronto, ON

Q.What is the asking price for 508 Wellington Street, Toronto, ON ?

The current listing price for 508 Wellington Street, Toronto, ON in Waterfront Communities C1, Toronto is $1,399,800.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 3 bathrooms.

Q.What property type and architectural style is 508 Wellington Street, Toronto, ON ?

508 Wellington Street, Toronto, ON is a Commercial Retail () featuring a basement.

Q.What security features are installed at 508 Wellington Street, Toronto, ON ?

Security features include: Yes.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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508 Wellington Street, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C1, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–¼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 508 Wellington Street W TH02, Toronto C01, ON M5V 0K8

Estimated Sales Range
$1,330,000 - $1,372,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$419,940 (30.0%)
* Minimum Canadian down payment required for this price is $279,960.
Amortization Period30 Years
Estimated Monthly Payment$4,659Based on a loan of $979,860 over 30 years.
Purchase Price$1,399,800
Loan Amount$979,860
Provincial Land Transfer Tax:$24,471
Toronto Municipal Land Transfer Tax:$24,471
Total Estimated Closing Taxes:$48,942

About Purchasing a Home in Toronto, ON

For a property listed at $1,399,800 in Toronto, the legal minimum down payment is $279,960 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,471 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,471 also applies, bringing the total estimated land transfer taxes to $48,942.

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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$976,472

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

MLS® Active
$1,399,800

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