Looking for condos for sale in Toronto under 350K? Finding an affordable home in the city is possible with a variety of budget-friendly options. Whether you’re looking to buy or lease, these condos provide great investment potential and access to Toronto’s best amenities.

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PH31 250 Wellington Street W
Waterfront Communities C1 Toronto M5V 3P6

$349,000
Residential Condo & Other beds: 1 baths: 1.0

Entrance
Photo 1: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 2: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 3: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 4: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 5: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 6: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 7: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 8: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 9: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 10: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 11: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 12: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 13: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 14: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 15: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 16: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 17: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 18: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 19: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Photo 20: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C13690816
Bedrooms:
1
Bathrooms:
1
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 the space. Perfect for a first-time buyer, investor, executive rental or short-term rental opportunity, this suite 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. 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, work-spaces and a rooftop patio with BBQ terrace. Whether you are looking to get into the downtown market, build an investment portfolio or, take advantage of the demand for executive and short-term accommodations, this is an opportunity worth exploring. A fantastic downtown offering with high ceilings, an unbeatable location and exceptional lifestyle and investment potential.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
500-599
Exposure:
North
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
17
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
immediate. flrx
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$575.86
Maintenance fees include:
Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Assessment Year:
2025
Taxes:
$2,209.86 / 2026
Assessment:
$- / 2025
Toronto
Toronto C01
Waterfront Communities C1
Wheelchair Access
Yes-with Restrictions
Fridge, Stove, B/I Microwave, B/I Dishwasher, Washer, Dryer, All Elfs & Window Coverings,
staging items - ghost chair and side tables
Brick
Floor
Type
Size
Other
Flat
Living Room
14'7" × 13'7"
Hardwood Floor, Juliette Balcony, Large Window
Flat
Dining Room
14'7" × 13'7"
Hardwood Floor, Sliding Doors, Large Window
Flat
Bedroom
10'6" × 8'1"
Hardwood Floor
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
1549
Property Management Company:
Wilson Blanchard
Date Listed:
Aug 19, 2026
Original Price:
Previous Price:
  • Photo 1: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
    Entrance
  • Photo 2: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
    Exterior
  • Photo 3: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
    Living room
  • Photo 4: PH31 250 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13690816
    Living room
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Listed by REAL ESTATE HOMEWARD
Data was last updated August 22, 2026 at 01:15 PM (UTC)
Area Statistics
Listings on market:
650
Avg list price:
$648,000
Min list price:
$329,000
Max list price:
$22,500,000
Avg days on market:
38
Min days on market:
0
Max days on market:
617
These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Why Buy a Condo in Toronto Under 350K?

Buying or leasing a condo under $350K in Toronto comes with many benefits:

  • Affordable Homeownership – A budget-friendly entry into Toronto’s real estate market.
  • Prime City Location – Access to transit, shopping, entertainment, and job opportunities.
  • Great Investment Potential – High demand for rentals ensures strong resale value.
  • Low Maintenance Living – Enjoy modern amenities and hassle-free upkeep.

Top Areas with Condos for Sale in Toronto Under 350K

North York – Affordable & Well-Connected

A great option for buyers looking for budget-friendly condos with easy TTC access and local shopping.

Scarborough – Scenic & Cost-Effective

This area offers affordable waterfront and high-rise living, making it ideal for first-time buyers.

Etobicoke – Suburban Comfort in the City

A mix of modern condo developments and older units at competitive prices.

Find Condos for Sale & Lease in Toronto Under $350K

Browse available condos for sale in Toronto under $350K today. Whether you’re looking for a starter home, an investment property, or a rental, you’ll find a variety of options to suit your needs.

Explore More GTA Homes:

Each link provides updated listings and expert insights.Start exploring and find the condo that best suits your needs and preferences.

FAQs – Condos for Sale in Toronto Under 350K

1. Are there condos available in Toronto for under $350,000?
Yes, you can find studio and one-bedroom condos in select neighborhoods, especially in older buildings or developing areas.

2. Which areas in Toronto offer condos under $350K?
Look in neighborhoods like Scarborough, North York, and parts of Etobicoke for affordable condo options within this price range.

3. What are the typical features of condos under $350K?
These units often include open layouts, essential appliances, shared amenities, and are usually smaller in square footage.

4. Are condos under $350K good investment options?
Yes, affordable condos are great entry points for first-time buyers and can offer rental income potential due to high demand.

5. Do condos under $350K require high maintenance fees?
Maintenance fees vary by building. Some older buildings may have higher fees, so it’s essential to review before purchasing.