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PH31 - 250 WELLINGTON STREET W, Toronto (Waterfront Communities) — listed at $360,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Flat | 4.45 x 4.14 meters |
| Dining room | Flat | 4.45 x 4.14 meters |
| Bedroom | Flat | 2.46 x 3.2 meters |
Is this a good starter home?+
At $360,000, this is priced in starter-home territory for Toronto (Waterfront Communities). Factor in condo fees when calculating your true monthly cost.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Who is PH31 - 250 WELLINGTON STREET W best suited for?+
With 1 bedroom and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What do the condo/maintenance fees cover?+
The $575.86/mo fee covers: Common Area Maintenance, Heat, Electricity, Water, Insurance.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,029.86, a condo/maintenance fee of $575.86/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 0 spaces — Garage, Underground.
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