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263 Wellington West: A 72-Suite Building Where the Fee Covers Hydro

Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

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263 Wellington West in one look.

263 Wellington St W, Toronto

Built

2009

Storeys

13

Suites

72

Developer

Mank Developments

Corporation

TSCC-2010

Walk Score

99

Free · about 45 seconds · no obligation

What is your unit at 263 Wellington West worth today?

Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.

  • Uses this building’s own recent sales
  • Adjusts for floor, view and parking
  • Your number appears instantly

How you get around

Scores from Walk Score®

Walk Score

Walker's Paradise

Transit Score

Rider's Paradise

Bike Score

Biker's Paradise

Transit, nearest first

  • 504King St West at Blue Jays Way East Side504 King / 508 Lake Shore streetcar0.2 km
  • 1St Andrew stationLine 1 Yonge–University0.6 km
  • GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.8 km
  • UPUnion stationUP Express · Pearson to Union0.8 km
  • 19BayTTC bus1.0 km
  • 97YongeTTC bus1.0 km
  • 114Queens Quay EastTTC bus1.0 km

TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.

Distances are straight-line from the building.

How far is everything?

From the front door, in kilometres.

Aanch Modernistic Indian CuisineSteps

Streetcar0.2 km

No Frills0.5 km

St Andrew station0.6 km

Ogden Junior Public School0.7 km

Union Station GO0.8 km

Harbord Collegiate Institute2.6 km

Schools for this address

Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.

ElementaryJK–6

Ogden Junior Public School

33 Phoebe St, Toronto

0.7 km · ~11 min walk

Zoned for this address

MiddleGr 7–8

Ryerson Community School

96 Denison Ave, Toronto

1.2 km · ~19 min walk

Zoned for this address

High schoolGr 9–12

Harbord Collegiate Institute

286 Harbord St, Toronto

2.6 km

Zoned for this address

Catholic elementary

Bishop Macdonell Catholic Elementary

0.7 km · ~11 min walk

Nearest, confirm zoning

Catholic elementary

St Mary Catholic Elementary School

1.1 km · ~17 min walk

Nearest, confirm zoning

Catholic secondary

St Joseph's College School

2.2 km

Nearest, confirm zoning

French-language · Viamonde (public)

Ecole Elementaire Gabrielle Roy

2.0 km

Nearest, confirm zoning

Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.

By the numbers

What units at 263 Wellington West actually trade for

$644Median sold price per sq ft, last 12 months-16% vs 2022 ($771)
0%of resales closed at or above asking, last 12 monthsRoom to negotiate
Unit typeSoldMedian priceLeasedMedian rent
1 bed3$525,0006$2,850/mo
2 bed1too few5$3,200/mo

Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.

Living here

Renters, Airbnb and elevators at 263 Wellington West

Do mostly owners or renters live here?

Leases 85%Sales 15%

Renter-heavy building. Of 26 deals here in the last 24 months, 22 were leases and 4 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.

Can you Airbnb a unit at 263 Wellington West?

1unit registered with the City as a short-term rental at this address

Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.

How reliable are the elevators?

0elevator outages of 48 hours or more reported to TSSA for this address since July 2022

Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.

Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.

Before you buy here

Five things the listing will not tell you about 263 Wellington West

  1. Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
  2. Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
  3. Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
  4. Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
  5. Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.

Send me the status certificate and I will flag anything that matters before your conditional period runs out.

Get my status certificate reviewed

Watch this building

Know the moment a unit at 263 Wellington West lists or sells.

Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.

  • New listings for sale or rent here
  • What units sold for, with my read on it
  • No account, no spam, stop with one reply

Building alerts

Takes about twenty seconds.

Eat, drink and shop nearby

Within about a 10-minute walk.

Indian

Aanch Modernistic Indian Cuisine

Steps away

Restaurant

Vagabondo Resto Bar

Steps away

Restaurant

Siempre Breakfest & Lunch Restaurant

Steps away

Bar

Sakura Lounge

Steps away

Pizza

Jz's Pizza

Steps away

Coffee

Tim Hortons

Steps away

Places from OpenStreetMap. Check hours before you go.

Parks nearby

  • Isabella Valancy Crawford Park
  • Clarence Square Park
  • Simcoe Park

Nearest grocery

No Frills

0.5 km · ~8 min walk

Prices: TRREB MLS® System aggregate medians for 263 Wellington St W, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.

263 Wellington West is one of the few downtown buildings where I can tell a buyer that almost every monthly utility is already in the fee. It is a small, 13-storey, 72-suite building from 2009 on Wellington Street in the Entertainment District, and its price per square foot sits well below the towers around it. Those two facts are connected, and understanding why is the whole decision here. I’m Jatin Dua, RE/MAX Quantum Realty.

Quick answer

263 Wellington West is a 13-storey, 72-suite condominium at 263 Wellington Street West in the Entertainment District / Wellington Place area of downtown Toronto. It was developed by Mank Developments, designed by Tom & Fong Architects, and registered on 16 April 2009 as TSCC-2010. Suites range from about 623 to 1,056 square feet. The maintenance fee includes common elements, heat, hydro, air conditioning, building insurance, water and parking. Property management is listed as Dove Square Management, though Dash Property Management also publishes a page for the building.

263 Wellington West at a glance

Address
263 Wellington St W
Storeys
13
Suites
72
Built
2009
Developer
Mank Developments
Corp #
TSCC-2010

A small building among big ones

Most of this stretch of Wellington is towers. 263 Wellington is the opposite: about 41 metres and 13 storeys, with only 72 suites. Mank Developments built it and Tom & Fong Architects designed it in glass and concrete, and it finished in 2009, the same period when much of the Entertainment District was filling in with much larger buildings.

The small size shapes daily life. Elevators are less crowded, the concierge knows residents, and a recent listing described it as a quiet building with very few units. For buyers coming from a 500-suite tower, that is often the first thing they notice when we walk in.

It also shapes the finances. A 72-suite corporation shares its costs among fewer owners, so a major repair hits each owner harder than it would in a big tower. That makes the reserve fund study the most important document you will read before buying here.

Management is worth a question too. One listing site names Dove Square Management, while Dash Property Management publishes a page for 263 Wellington with its owner and tenant portals, which suggests it manages the building now or did at some point. Sources conflict, so ask the seller or the concierge who runs the building today and how long they have been in place. A change of manager is not a red flag on its own, but you want to know the reason.

Hydro in the fee, and what that means

The fee list here is unusually complete: common elements, heat, hydro, air conditioning, building insurance, water and parking. Downtown, I almost never see hydro included in buildings of this era; most suites are metered separately. The building page published by Dash Property Management also describes all utilities as included, so two sources agree on this point. Suites here have been listed with heat-pump heating, which makes sense in a building where the corporation pays the electricity.

For an owner, that means very predictable monthly costs. There is no separate hydro bill, and heating and cooling do not swing your budget with the seasons. For the corporation, it means energy prices flow straight into the budget, so ask how the fee has changed over the past few years and whether the board is planning increases.

The flip side is that the fee itself looks high per square foot when you compare it to a newer tower down the street. That comparison is misleading unless you add hydro, heat, cooling and a parking charge back onto the other building. Do that maths before you rule this one out.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Layouts and suite sizes

Suites run from about 623 to 1,056 square feet, so there are no tiny studios here; the mix is one-bedrooms, one-plus-dens and two-bedrooms in a reasonably practical size range. Listings I have seen describe ensuite laundry, granite counters, stainless steel appliances and balconies, which is standard for a building of this age.

Because the building is short, views depend heavily on which side and which floor you are on, and taller buildings nearby block much of the outlook. If a view matters to you, see the suite in person; do not rely on listing photos.

The Entertainment District, day to day

Wellington Street West here sits between the financial core and the King West restaurant strip, close to the Rogers Centre, the Metro Toronto Convention Centre and the theatres on King. You can walk to work downtown, and you have more restaurants within a few blocks than you will ever get through. Icon 1 and Icon 2 at 270 and 250 Wellington are close neighbours.

The trade-off is crowds on game nights and event weekends. If quiet matters, ask about the suite’s exposure and visit on a busy evening. Transit and walkability details are in the data panel on this page.

Why 263 Wellington West prices below its neighbours

The building average sits around $665 per square foot, which is well below most Entertainment District resale. I see three reasons. The fee is high per square foot because it covers hydro and parking, and buyers price a high fee into what they will pay. The building is small and gets less attention. And suites here are older and more conventional than the newer towers buyers compare them with.

Some of that discount is fair and some of it is not. If you would otherwise pay hydro, heat, cooling and parking separately in a newer building, the all-in monthly cost here can be closer than the headline fee suggests. Add those costs up for each building you are considering.

There was only one active listing when I wrote this, so asking prices give no useful range. For what suites have actually traded for, use the aggregate data on this page or ask me for a building sold report.

Building specifications

Building name263 Wellington West
Address263 Wellington Street West, Toronto
DeveloperMank Developments
ArchitectTom & Fong Architects
Storeys13 (about 41 m)
Total suites72
Condo corporationTSCC-2010
Registered16 April 2009
Property managementSources conflict: listed as Dove Square Management; Dash Property Management also publishes a page for the building
Suite sizesApproximately 623 to 1,056 sq ft
Fees includeCommon elements, heat, hydro, air conditioning, building insurance, water and parking

Amenities at 263 Wellington West

ConciergeSecurity guardSecurity systemGymParty roomMeeting roomVisitor parkingParking garage

The amenities are the basics done for a small building: a concierge and security, a gym, a party room and a meeting room, and visitor parking. There is no pool, rooftop terrace or theatre, which is part of why a fee that includes so many utilities stays manageable.

Jatin’s honest take on 263 Wellington West

Who this building suits

Owner-occupiers who want predictable monthly costs and a quieter, smaller building in the heart of downtown. It suits people who work in the financial core or the entertainment district and want to walk, and buyers who would rather put their money into space than into amenities they will not use. Retirees and downsizers on a fixed budget often like the all-inclusive fee more than anyone.

What I’d want you to check

Read the reserve fund study carefully; at 17 years old, with only 72 owners to share costs, big items such as the roof, garage, windows and heat pumps matter. Ask how the fee has changed over the past five years, since hydro is a building cost here. Check the pet rules directly: one source lists pet restrictions and a recent listing described the building as pet-friendly. And confirm whether the suite includes parking and a locker, because not every suite does.

The value question

At around $665 per square foot, this is one of the cheaper ways into the Entertainment District, and the fee buys you a lot of what you would otherwise pay separately. It will not appreciate like a brand-name tower, and resale is slower in a small building. For an owner who plans to stay and values a calm building with all-in costs, I think it is solid value.

Free building report: 263 Wellington West

Send me your email and I’ll put together a current report on 263 Wellington West — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.

  • Every sale in the building over the last 12 months
  • Current active listings and asking prices
  • Maintenance fee breakdown and what’s included
  • My read on which exposures and floors hold value

Tell me what you are planning

Three quick answers so I come back with something useful, usually the same day.

Your details go to me only, never sold or shared. Prefer a set time? Book a 15-minute call.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

263 Wellington West — frequently asked questions

Who built 263 Wellington West?

Mank Developments developed it and Tom & Fong Architects designed it. It was completed in 2009.

How many storeys and suites does 263 Wellington West have?

It is 13 storeys, about 41 metres tall, with 72 suites.

Does the maintenance fee really include hydro?

Yes. The listed inclusions are common elements, heat, hydro, air conditioning, building insurance, water and parking. Confirm the current list in the status certificate.

What sizes are the suites?

Roughly 623 to 1,056 square feet, mostly one-bedrooms, one-plus-dens and two-bedrooms.

Is parking included?

Parking is listed in the fee inclusions, but not every suite comes with a space. Check what is attached to the suite you are buying.

Are pets allowed?

Sources disagree: one lists pet restrictions and a recent listing described the building as pet-friendly. Read the declaration and rules before you buy.

What amenities are there?

Concierge, security, a gym, a party room, a meeting room and visitor parking.

Who manages the building?

Sources conflict. One lists Dove Square Management, and Dash Property Management also publishes a page for the building. Confirm the current manager in the status certificate.

Why is the price per square foot lower than nearby towers?

A high fee (because it includes hydro and parking), a small building and an older suite style all pull the average down. The all-in monthly cost can be closer to newer buildings than the price suggests.

How does it compare with Icon at 270 Wellington?

Icon 1 and Icon 2 are larger towers across Wellington with more amenities. 263 Wellington is smaller and quieter, with more utilities in the fee.

How much do condos at 263 Wellington West sell for?

Over the last 12 months the median resale at 263 Wellington West was $538,500, across 4 sales. The typical unit sold in 11 days at about 97% of the asking price. That works out to roughly $644 per square foot.

How much is rent at 263 Wellington West?

The median lease at 263 Wellington West over the last 12 months was $2,900/mo, from 11 leases. Units typically leased in 13 days.

What does each unit type cost at 263 Wellington West?

Over the last 24 months: One-bedrooms sold for a median $525,000 and rented for $2,850/mo; Two-bedrooms rented for $3,200/mo. Each median uses three or more deals.

Are prices at 263 Wellington West up or down since 2022?

Down about 16%. The median sold price per square foot was $771 in 2022 and $644 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.

What rental yield does 263 Wellington West offer an investor?

At a median price of $538,500 and a median rent of $2,900 a month, the gross yield is about 6.5%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.

Do mostly owners or renters live at 263 Wellington West?

Mostly renters. Of the deals here in the last 24 months, 85% were leases and 15% were sales.

Can you Airbnb a unit at 263 Wellington West?

Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 1 active short-term rental registration at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.

Has 263 Wellington West had elevator outages?

None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.

What schools is 263 Wellington West zoned for?

For TDSB public schools, the address is zoned for Ogden Junior Public School (Elementary, JK–6), Ryerson Community School (Middle, Gr 7–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.

What is the closest subway or GO station to 263 Wellington West?

The nearest subway is St Andrew station (Line 1 Yonge–University), 0.6 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.8 km; UP Express runs from Union station, 0.8 km; the 504 King / 508 Lake Shore streetcar stops 0.2 km away; the closest bus is the Bay (TTC bus). Distances are straight-line from the building.

What is the Walk Score of 263 Wellington West?

Walk Score 99, Transit Score 100 and Bike Score 90. Most daily errands can be done on foot.

What restaurants and shops are near 263 Wellington West?

Within about a 10-minute walk: Aanch Modernistic Indian Cuisine (Indian), Vagabondo Resto Bar (Restaurant), Siempre Breakfest & Lunch Restaurant (Restaurant), Sakura Lounge (Bar), Jz's Pizza (Pizza). The closest grocery store is No Frills, 0.5 km away.

Which parks are near 263 Wellington West?

Isabella Valancy Crawford Park, Clarence Square Park, Simcoe Park are the closest green spaces.

What is my unit at 263 Wellington West worth?

Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.

How do I find out when a unit at 263 Wellington West lists or sells?

Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.

Still have a question about 263 Wellington West?Ask me directly: a 15-minute call, no pressure.
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What moved the number

Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.

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Two units, same floor plan,
$90,000 apart.

That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.

How this works — your estimate comes from a model built on recent Toronto & GTA condo sale data, weighting area, size, layout, floor, exposure, view, parking, locker, age and condition. It is an automated estimate for information only — not an appraisal and not a Comparative Market Analysis. Condo values also depend on the building’s reserve fund, maintenance fees, recent special assessments and status certificate, none of which a model can read. Ask me for a written CMA before you make a decision.

About the author — Jatin Dua, Toronto condo broker

I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.

If you’re buying or selling at 263 Wellington West, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.

More King West, Liberty Village and CityPlace building guides: 123 Portland · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West · 400 Wellington

More resources: GTA condo directory · Building sold report · Book a call

Figures on this page were compiled from publicly available sources including condos.ca, strata.ca, City of Toronto open data and developer materials as at October 2026, and are provided for general information only. Sources frequently disagree on unit counts, storeys, square footage and maintenance-fee inclusions, and pricing changes constantly — where sources conflicted I’ve said so rather than picking one. Nothing here is an appraisal, a valuation, or a substitute for a status certificate reviewed by your lawyer. Verify all figures independently before making a decision. Jatin Dua, Broker of Record, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.
Free toolWhat’s being built near me?Look up every rezoning, site plan and condo application filed near any Toronto address, with free alerts.

© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.

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