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Location

508 Wellington Street West #202, Toronto, ON M5V 2M9, CA|Fashion District

Tour 508 Wellington Street West #202

Contact

Leanne Ongaro

(844) 325-9286 ext. 3525

Amenities for 508 Wellington Street West #202, Fashion District

Features

Air ConditioningBalcony
Central HeatHigh Ceilings

Appliances

DishwasherIn-Unit Laundry

Community

Controlled AccessElevator
Fitness Center

Services

Concierge Service
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

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 508 Wellington Street West #202

HomeApartments in TorontoFashion District 508 Wellington Street West #202, Toronto, ON M5V 2M9, CA
sweet deal icon
Sweet deal!
This listing is 23% below the median price for 1 bedroom apartments in Fashion District.

Live in the heart of Toronto’s vibrant Fashion District in this thoughtfully updated junior one-bedroom condo at the coveted Wellington & Portland intersection. Surrounded by top restaurants, cafés, nightlife, and transit, this location puts everything downtown living has to offer right at your doorstep. The suite has been freshly painted and refreshed, creating a clean, modern space that feels bright and move‑in ready. Smartly designed with a defined sleeping area, this condo offers privacy and comfort without compromise. One of the standout features is the exceptionally large balcony—an extension of your living space—complete with a furnished patio, perfect for relaxing, entertaining, or enjoying your morning coffee outdoors. Additional information: - In-suite laundry - Lease term is for a minimum of one year - Unit is not furnished. There is, however, patio furniture for the balcony - Utilities are not included (other than heat/AC) and are the responsibility of the tenant. - Immediate availability


Lease Terms
1 year

Address details

NeighborhoodFashion District
Post codeM5V 2M9
TypeCondo for rent

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Rent trends in Fashion District

1-bedroom apartments at 508 Wellington Street West #202 cost about 23% less than the average rent price for 1-bedroom apartments in Fashion District.

Median rents as of May 9 2026.
Fashion District
Toronto
A table of 1-bedroom apartment rental data trends in Toronto
MonthMedian Rent
May 2024$2,400
June 2024$2,399
July 2024$2,386
August 2024$2,384
September 2024$2,366
October 2024$2,347
November 2024$2,312
December 2024$2,300
January 2025$2,300
February 2025$2,303
March 2025$2,300
April 2025$2,281
May 2025$2,257
June 2025$2,242
July 2025$2,222
August 2025$2,200
September 2025$2,193
October 2025$2,171
November 2025$2,150
December 2025$2,150
January 2026$2,149
February 2026$2,129
March 2026$2,102
April 2026$2,100
May 2026$2,099
A table of 1-bedroom apartment rental data trends in Fashion District
MonthMedian Rent
May 2024$2,575
June 2024$2,509
July 2024$2,547
August 2024$2,510
September 2024$2,516
October 2024$2,506
November 2024$2,498
December 2024$2,499
January 2025$2,561
February 2025$2,573
March 2025$2,654
April 2025$2,620
May 2025$2,652
June 2025$2,661
July 2025$2,734
August 2025$2,756
September 2025$2,723
October 2025$2,657
November 2025$2,599
December 2025$2,612
January 2026$2,582
February 2026$2,483
March 2026$2,588
April 2026$2,598
May 2026$2,649

Affordability calculator

Can I afford to live at 508 Wellington Street West #202?

Bedrooms

1 bedroom

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

$82,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $82,000 annually to afford this 1-bedroom monthly rent price of $2,050.
For more information on rent affordability, visit our rent calculator.
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Internet available near 508 Wellington Street West #202

Neighborhood

Fashion District | Toronto, ON

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Toronto near 508 Wellington Street West #202

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

9/10
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 508 Wellington Street West #202, 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 5-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 walking distance

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