Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
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270 Wellington St W, Toronto
Built
2002
Storeys
12
Suites
247
Developer
Tridel
Corporation
TSCC-1441
Walk Score
99
Free · about 45 seconds · no obligation
What is your unit at The Icon I 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 streetcarSteps away
- 1St Andrew stationLine 1 Yonge–University0.6 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.9 km
- UPUnion stationUP Express · Pearson to Union0.9 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.
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
0.6 km · ~9 min walk
Zoned for this address
MiddleGr 7–8
Ryerson Community School
96 Denison Ave, Toronto
1.1 km · ~17 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 Pierre Elliott Trudeau
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 The Icon I actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 0 | too few | 3 | $1,900/mo |
| 1 bed | 4 | $450,000 | 21 | $2,500/mo |
| 2 bed | 0 | too few | 6 | $3,700/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 The Icon I
Do mostly owners or renters live here?
Renter-heavy building. Of 67 deals here in the last 24 months, 54 were leases and 13 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 The Icon I?
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?
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 The Icon I
- 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.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- 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.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Indian
Aanch Modernistic Indian Cuisine
Steps away
Bar
Sakura Lounge
Steps away
Restaurant
Divino Restaurant and Bar
Steps away
Restaurant
Moretti Caffe
Steps away
Pizza
Pizzeria Moretti
Steps away
Coffee
Tim Hortons
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Clarence Square Park
- Isabella Valancy Crawford Park
- Grasett Park
Nearest grocery
No Frills
0.4 km · ~6 min walk
Prices: TRREB MLS® System aggregate medians for 270 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.
The Icon I is the building I show to buyers who want King West without paying King West prices per square foot. It is a 12-storey, 247-suite building from 2002, with a brick-and-glass exterior, an all-in fee that covers hydro and parking, and a sister tower next door. The fee is the thing to look at closely. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
The Icon I is a 12-storey, 247-suite condominium at 270 Wellington Street West, south of King Street West in downtown Toronto. Two listing sites credit Tridel as the developer. It was completed in 2002, and the condominium corporation is TSCC-1441, registered 21 June 2002. Its second phase, The Icon II, is next door at 250 Wellington Street West. Suites run from about 445 to 1,455 sq ft. Maintenance fees include common elements, heat, hydro, air conditioning, water, building insurance and parking.
The Icon I at a glance
The smaller of two Icon buildings
The Icon was built in two phases on Wellington Street West. The Icon I at 270 Wellington came first, in 2002, at 12 storeys and 247 suites. The Icon II at 250 Wellington followed in 2003, at 18 storeys and about 304 suites. Two listing sites credit Tridel as the developer of both. Condos.ca does not name a developer, so treat that as likely rather than confirmed.
At 12 storeys, The Icon I is a mid-rise in a part of the city full of towers, and listing data describes it as a low-rise building. The exterior is a mix of soft brick, steel and glass with covered balconies, which reads more like a warehouse-district building than a glass tower. That suits its location a block south of King West.
A smaller building has real advantages: fewer people per elevator, a quieter lobby and a corporation where owners can follow what the board is doing. The disadvantage is that fixed costs, such as concierge and security, are spread across fewer suites.
Layouts, ceilings and outdoor space
Suites range from about 445 sq ft to about 1,455 sq ft, from one-bedrooms up to two-bedroom-plus-dens. One listing site gives ceiling heights of 8 to 9 feet, which is typical for the era. Do not expect the higher ceilings of a loft conversion or a recent tower.
Outdoor space varies a lot from suite to suite. Some have covered balconies, some have Juliet balconies only, and some have full walk-out terraces. In a building this size, a terrace suite is a scarce thing, and it should be priced as one.
The original finishes included hardwood floors, granite counters, marble sills and deep tubs. Many suites have been updated in the 20-plus years since, so compare condition carefully when you look at two similar suites at different prices.
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.
Amenities: what is here and what is next door
Listing data for The Icon I shows a 24-hour concierge, security, a rooftop deck and visitor parking, and one listing site adds a gym, a pool and a sauna. Marketing for the two Icon buildings together describes a club called Club 18 with a spa, fitness centre, indoor pool and cedar saunas, plus a rooftop garden with barbecues.
What I could not confirm is which of those facilities sit in this building and which are in The Icon II, and how the two corporations share them. That is the first question I would ask. A shared-facilities agreement affects both what you can use and what you pay, and it should be in the status certificate.
Listing material also mentions ground-floor retail in the Icon development, including a grocery store. Having groceries in your own block is one of the most underrated conveniences downtown. Transit and nearby restaurants are covered in the data panel on this page.
Daily life a block south of King
Wellington Street West is a calmer street than King, and that is the main reason to live here rather than on King itself. You get the restaurants, offices and nightlife of King West a block away, without the street noise and late-night crowds at your front door.
That said, this is still downtown. Construction on nearby sites, deliveries to ground-floor retail and traffic heading toward the waterfront are part of daily life. Lower floors and suites facing the street feel that more, so visit at different times before you commit.
The data panel on this page covers transit, schools, walkability and nearby food and parks. The point I would add is that a 12-storey building in an area of towers means many suites look at neighbours rather than open sky. Check what your windows face, and price a blocked outlook accordingly.
What The Icon I costs
The building average is about $689 per square foot, which is low for this part of downtown. Nearby buildings of a similar age on the waterfront average from about $820 to more than $950. Some of the gap is age and finishes, and some is the fee, which buyers price in.
There were only a couple of suites for sale when I checked, so I will not quote a single asking price. With 247 suites the building trades often enough that recent sales are the better guide, and the building sold report is the place to start.
The fee here includes common elements, heat, hydro, air conditioning, water, insurance and parking. That is close to all-in, so a fee that looks high next to a newer tower can be cheaper in total once you add back hydro and parking. Still, ask for the last few years of budgets and see how quickly fees have been rising.
If you are comparing The Icon I with The Icon II next door, look beyond price per square foot. The two corporations may share facilities, but their fees, reserve funds and repair schedules are separate, and that can make a real difference to what you pay over the next ten years.
Building specifications
| Building name | The Icon I |
| Address | 270 Wellington St W, Toronto M5V 3P5 |
| Developer | Tridel (per two listing sites) |
| Storeys | 12 |
| Total suites | 247 |
| Condo corporation | TSCC-1441 |
| Registered | 21 June 2002 |
| Property management | Sources conflict: Wilson Blanchard per listing data, Del Property Management per another listing site |
| Suite sizes | Approximately 445 to 1,455 sq ft |
| Ceiling heights | 8 to 9 feet (per one listing site) |
| Fees include | Common elements, heat, hydro, air conditioning, water, building insurance and parking |
| Sister building | The Icon II, 250 Wellington St W |
Amenities at The Icon I
On paper the Icon development has a full club with a pool and saunas, which is more than most King West buildings this size offer. In practice, find out which facilities are in this building and which are shared with The Icon II before you count on them.
Jatin’s honest take on The Icon I
Who this building suits
Buyers who want to live a block from King West in a smaller, brick-and-glass building, with groceries close by and almost every utility in the fee. It suits first-time buyers who want a lower price per square foot downtown, and investors who want a one-bedroom-plus-den that rents well.
What I’d want you to check
Ask for the shared-facilities agreement with The Icon II and confirm what TSCC-1441 pays toward the pool and club. Confirm who manages the building, since sources name both Wilson Blanchard and Del. Read the reserve fund study for windows, balconies, the roof and the garage, which are all due for attention in a 2002 building. Check the pet rules in the declaration, as listing data shows restrictions. And if you want outdoor space, confirm whether the suite has a balcony, a Juliet balcony or a terrace.
The value question
At about $689 per square foot with hydro and parking included, The Icon I is one of the better-value ways into this part of downtown. You give up height and new-build finishes and gain a quieter building, near-complete utilities and a sensible price. If the reserve fund is in good shape, I think it is a strong buy for an owner-occupier or a long-term investor.
Free building report: The Icon I
Send me your email and I’ll put together a current report on The Icon I — 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.
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.
The Icon I — frequently asked questions
Who built The Icon I?
Two listing sites credit Tridel as the developer of both Icon buildings. The Icon I was completed in 2002.
How many storeys and suites does The Icon I have?
It is a 12-storey building with 247 suites.
What is the difference between Icon I and Icon II?
The Icon I at 270 Wellington is the 12-storey first phase from 2002. The Icon II at 250 Wellington is an 18-storey second phase from 2003 with about 304 suites.
Does The Icon I have a pool?
A pool, saunas and a gym are listed for the Icon development. Confirm whether they are in this building or shared with The Icon II.
What do maintenance fees include at 270 Wellington St W?
Fees include common elements, heat, hydro, air conditioning, water, building insurance and parking.
How high are the ceilings at The Icon I?
One listing site gives ceiling heights of 8 to 9 feet, which is typical for a 2002 building.
Do suites at The Icon I have balconies?
Many do. Some suites have covered balconies, some have Juliet balconies and some have walk-out terraces.
Who manages The Icon I?
Listing data names Wilson Blanchard, while another listing site names Del Property Management. The status certificate will name the current manager.
What is the condo corporation number for The Icon I?
It is TSCC-1441, registered on 21 June 2002.
How much do condos at The Icon I sell for?
Over the last 12 months the median resale at The Icon I was $450,000, across 4 sales. The typical unit sold in 54 days at about 98% of the asking price. That works out to roughly $745 per square foot.
How much is rent at The Icon I?
The median lease at The Icon I over the last 12 months was $2,500/mo, from 30 leases. Units typically leased in 15 days.
What does each unit type cost at The Icon I?
Over the last 24 months: Studios rented for $1,900/mo; One-bedrooms sold for a median $450,000 and rented for $2,500/mo; Two-bedrooms rented for $3,700/mo. Each median uses three or more deals.
Are prices at The Icon I up or down since 2022?
Down about 22%. The median sold price per square foot was $958 in 2022 and $745 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does The Icon I offer an investor?
At a median price of $450,000 and a median rent of $2,500 a month, the gross yield is about 6.7%, 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 The Icon I?
Mostly renters. Of the deals here in the last 24 months, 81% were leases and 19% were sales.
Can you Airbnb a unit at The Icon I?
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 32 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has The Icon I 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 The Icon I 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 The Icon I?
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, 0.9 km; UP Express runs from Union station, 0.9 km; the 504 King / 508 Lake Shore streetcar stops 0.1 km away; the closest bus is the Bay (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Icon I?
Walk Score 99, Transit Score 100 and Bike Score 90. Most daily errands can be done on foot.
What restaurants and shops are near The Icon I?
Within about a 10-minute walk: Aanch Modernistic Indian Cuisine (Indian), Sakura Lounge (Bar), Divino Restaurant and Bar (Restaurant), Moretti Caffe (Restaurant), Pizzeria Moretti (Pizza). The closest grocery store is No Frills, 0.4 km away.
Which parks are near The Icon I?
Clarence Square Park, Isabella Valancy Crawford Park, Grasett Park are the closest green spaces.
What is my unit at The Icon I 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 The Icon I 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.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
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.
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 The Icon I, 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 · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 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.