Updated 23 Hours Ago
Highlights
Pet Friendly
Location
425 Wellington St W, Toronto, ON M5V 0V3, CAN|Fashion District
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Property Overview
The Residences At The Well earns a strong overall score with standout marks for amenities, location, price, and quality, alongside a solid trustworthiness rating. It also offers 50 photos for a helpful visual overview, making it a compelling option for renters looking for strong value and a well-rounded living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Great for
Pet owners
Floor plans
| 1 Bedroom 1 Bathroom | 1 bed | 1 bath | 647 sqft | $2,668 /mo | |||
| 1 Bedroom 1 Bathroom | 1 bed | 1 bath | 561 sqft | $2,690 /mo | |||
| 2 Bedroom 2 Bathroom | 2 bed | 2 bath | 890 sqft | $4,729 /mo | |||
| 3 Bedroom 2 Bathroom | 3 bed | 2 bath | 1,143 sqft | $4,990 /mo |
Let's explore this property.
Amenities for The Residences At The Well
Apartment Amenities
| Air Conditioning | Balcony |
| Hardwood Floor | Large Closets |
| Patio | View |
| Walk-in Closet | Window Coverings |
Appliances
| Dishwasher | Efficient Appliances |
| In-Unit Laundry | Microwave |
| Refrigerator | Washer and Dryer |
Tech
| Electronic Thermostat | Security Alarm |
Building
| Cats OK | Dogs OK |
| Media Room | Wheelchair Accessible |
Grounds
| Barbecue/Picnic Area | Bike Racks |
| Off-Street Parking | Outdoor Space |
| Storage |
Services
| Recycling |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About The Residences At The Well
Managed by Rhapsody Property Management Services
**Move-in Incentive on select suites – Limited Time Offer** ***Terms and conditions – application must be submitted within 48 hours of initial tour.** Renting One, Two and Three Bedroom Suites - Move in today. Sophistication in Rental Living. Welcome to The Residences At The Well. Located at The Well, Toronto's largest master-planned downtown community, the two exclusive buildings of 171 and 160 suites each overlook the revitalized Wellington Street Promenade. Each of the one, two and three-bedroom spacious, luxury suites is lavishly designed to complement your accomplishments. State of- the-art building amenities present opportunities to foster your physical and mental well-being, complemented by The Well's curated dining and retail experience, and modern workspaces. Discover comfort and style in an ambitious community centred around your needs. It's the perfect home base for exploring King West and the nearby Theatre District. Some of the city's top entertainment and sporting venues are just a short walk or streetcar ride away. From live theatre to top Hollywood blockbusters; baseball, hockey and basketball games; and live performances of all types of music, you're in the best place in Canada to enjoy it all — the ultimate downtown lifestyle. As a complement to your achievements, a host of upscale amenities make it easy for you to live the carefree, wellness-focused lifestyle you deserve. The Residences at The Well feature exclusive amenities designed to enhance your life — for relaxation, social connection, fitness and well-being. Pricing and floor plans subject to change based on real-time availability. For all floorplans and pricing visit www TheWellResidences ca or contact us for more details. Renderings are artist's concept. E.&O.E. *Terms and conditions apply Office Hours Monday – Friday 10AM – 7PM Saturday – Sunday 10AM - 5PM Professional property management and resident services by Rhapsody Property Management Services Community Amenities - Rooftop Fitness Centre - Yoga Studio - Massage Rooms - Party Room - Media Lounge - Outdoor Terrace (Outdoor terrace with BBQ, dining, and lounge areas) - Dining Room & Lounge - Smart parcel management lockers - 100% smoke-free building for easy breathing - Pet-friendly community - Underground parking - Underground bike storage - Concierge & after-hours security - Keyless access control - Professionally managed by Rhapsody Property Management - On-site maintenance - Resident Portal - Amenity Booking System - Online Rent Payment System General Suite Features - Offering 1, 2 and 3 bedroom suites - In-suite washer and dryer - 2 Colour palette options - Balconies and Terraces* - 9' smooth ceilings - Smart thermostat - Vinyl plank flooring - Sun shades in all main living areas - Black-out shades in all bedrooms - Back-painted glass closet sliders with wire closet organizers Kitchen Features - Quartz countertops with under-mount sink - 4-piece stainless steel KitchenAid appliances - Kitchen Islands* - Two colour palette options for cabinets - Personal wine fridge* Bathroom Features - Custom-designed vanity - Porcelain tile walls. floors and backsplash - Two colour palette options for cabinets *Select suites
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
ExcellentThe Residences At The Well is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Residences At The Well stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Residences At The Well stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Residences At The Well is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Residences At The Well has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
The Residences At The Well is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Residences At The Well compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No central heat
- Fewer climate control options
- No elevator
- Accessibility options are limited
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Rent trends in Fashion District
1-bedroom apartments here are priced 0% lower than 1-bedrooms in Fashion District.
If you decide to upgrade your space, you can expect 2-bedrooms at The Residences At The Well to be 29% more than the average for similarly sized apartments in Fashion District.
3-bedroom apartments at The Residences At The Well cost about 2% more than the average rent price for 3-bedroom apartments in Fashion District.
Median rents as of Jul 25 2026.
Fashion District
Toronto
| Month | Median Rent |
|---|---|
| August 2024 | $1,947 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,217 |
| September 2024 | $2,218 |
| October 2024 | $2,300 |
| November 2024 | $2,380 |
| December 2024 | $2,480 |
| January 2025 | $2,437 |
| February 2025 | $2,361 |
| March 2025 | $2,294 |
| April 2025 | $2,224 |
| May 2025 | $2,196 |
| June 2025 | $2,166 |
| July 2025 | $2,073 |
| August 2025 | $2,141 |
| September 2025 | $2,105 |
| October 2025 | $2,177 |
| November 2025 | $2,180 |
| December 2025 | $2,186 |
| January 2026 | $2,247 |
| February 2026 | $2,231 |
| March 2026 | $2,202 |
| April 2026 | $2,243 |
| May 2026 | $2,262 |
| June 2026 | $2,118 |
| July 2026 | $2,037 |
Affordability calculator
Can I afford to live at 425 Wellington St W?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$107,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $107,160 annually to afford this 1-bedroom median monthly rent price of $2,679.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Residences At The Well
Neighborhood
Fashion District | Toronto, ON
Getting around Toronto near 425 Wellington St W
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
10/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 425 Wellington St W, Toronto
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Variety of cafés right on the street
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
8/10
Variety of bars within a few minutes' walk
Explore the area around 425 Wellington St W
Sobeys Urban Fresh
22 Fort York Blvd
BulkBarn
393 King St W
Fresh & Wild on Hill
69 Spadina Ave
John's Mart
581 King St W
Farmboy
29 Bathurst St
Armor House By Gotstyle
374 Wellington Street West
adidas Originals Store
486 Front St W
lululemon Pop Up
486 Front St W
Fabio
270 Wellington St W
Bridals on Spadina
101 Spadina Ave
The Coffee Bar Inc
346 Front St W
Tim Hortons
340 Front St W
Tim Hortons
375 King St W
Bobo Tea & Juice
62 Fort York Blvd
Starbucks
2E Spadina Ave
Baro
485 King St W
Bar Hop
391 King St W
Fox & Fiddle
17 Fort York Blvd
Hunter's Landing
82 Fort York Blvd
2 Cats
569 King St W
Noah's Natural Foods
430 King St W
Millie PA Tisserie
12 Oxley St
Forno Cultura
609 King St W
What A Bagel
130 Spadina Ave
Farmboy
29 Bathurst St
Clarence Square
Draper Park
Northern Linear Park
Garden
Park
Subway
A-393 Front St W
Mira
420A Wellington St W
Liberty Shawarma
4K Spadina Ave
Siempre Restaurant
348 Front St W
Brassaii Restaurant & Lounge
461 King St W
Spadina Ave at Front St West
SPADINA, SPADINA
Spadina Ave at Front St West North Side
SPADINA, SPADINA
Spadina Ave at Bremner Blvd North Side
SPADINA, SPADINA
King St West at Spadina Ave West Side
KING, KING, LAKE SHORE
Spadina Ave at Bremner Blvd
SPADINA, SPADINA
UP Express Union Station
Union Pearson Express
Union Station
Lakeshore East, Lakeshore West, Lakeshore East, Barrie, Barrie, Richmond Hill, Stouffville, Milton, Stouffville, Kitchener, Lakeshore West, Richmond Hill, Kitchener, Milton
Exhibition
Lakeshore West, Lakeshore West
Bloor
Kitchener, Kitchener
Bloor GO/UP
Union Pearson Express
St Andrew Station - Southbound Platform
LINE 1 (YONGE-UNIVERSITY)
St Andrew Station - Northbound Platform
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Osgoode Station - Southbound Platform
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Union Station - Northbound Platform Towards Vaughan Metropolitan Centre
LINE 1 (YONGE-UNIVERSITY)
Osgoode Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
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