Toronto · Ward 10 · PRIVATE

450 Front St W

Toronto, Ontario · postal area M5V · Wellington Place

592 units · 46 storeys · built 2023 · managed by RHAPSODY PROPERTY MANAGEMENT SERVICES

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RentSafeTO score

100
evaluated Jul 31, 2025 · proactive score 100 · what scores mean

LTB orders, Jan–June 2026

2
0.3 per 100 units · 1 tenant-initiated · most are arrears filings

Rent control

Likely exempt
first occupied after Nov 15, 2018 — increases are not capped by the guideline; verify with the LTB · details

Fire code

1
open violation · 5 recorded since 2018 · last inspection Sep 2, 2026

Investment (5 yrs)

no permits on file since Aug 2021

Property standards

1
investigation in the last 2 years · none open now

Building facts

Air conditioningcentral air
Heatinghot water
Laundry roomno
Parkingunderground garage · garage accessible thru building
Visitor parkingpaid
Bike parking180 indoor parking spots and 4 outdoor parking spots
Elevators5
Sprinklersyes
Fire alarmyes
Barrier-free entranceyes
Pets allowedyes
Non-smokingyes
Hydro metered per unityes
Gas metered per unitno
Intercomyes
Lockers / storageyes

Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.

Inspection breakdown

Parking Areas3 / 3
Garbage/Compactor Room3 / 3
Building Exterior3 / 3
Windows3 / 3
Balcony Guards3 / 3
Common Area Ventilation3 / 3

Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.

Neighbourhood & getting around · Wellington Place

What rents cost here · Toronto Central zone

Zone-wide market averages — not this building's rents
UnitVacant units rent forSitting tenants pay
bachelor$1,790$1,599
1-bedroom$2,321$2,036
2-bedroom$3,128$2,766
3-bedroom+—$3,556

The gap is what moving costs: a vacant 2-bedroom rents about 13% above what sitting tenants pay. Only 11.8% of units changed tenants in the year to the survey. Vacancy rate: 2.8%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.

Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.

Getting around

Distances from this building
Nearest stop: Spadina Ave at Front St West · 131 m
Stops within 500 m: 12
Streetcars: 504, 508, 510
24-hour night routes: 304, 307, 310
Nearest subway: St Andrew Station · 1.0 km
Nearest intersection: Front & Spadina · 135 m · 35,084 vehicles in the City's latest count
TTC schedule data · routes serving stops within 500 m · straight-line distances · nearest intersection from CornerFacts, our sister site

Who lives in the area

Whole neighbourhood — not this building
Households renting: 61.6%
Renters paying 30%+ of income: 47.7%
Renters in subsidized housing: 1.4%
Median household income: $90,000
Average household: 1.5 people
Median age: 30.8
Homes in 5+ storey buildings: 97%
Moved in the past year: 41.2%
Residents: 37,790
2021 census · Wellington Place

Area safety

Whole neighbourhood — not this building
2026 so far (to June): 199 assaults, 72 break-and-enters, 14 robberies and 12 auto thefts — 6% fewer than the same months of 2025
Full year 2025: 442 assaults, 111 break-and-enters, 37 auto thefts and 31 robberies — assault, break-and-enter and robbery run above the typical Toronto neighbourhood; auto theft below.
311 noise complaints in postal area M5V: 487 in 2026 so far (612 in all of 2025).
Police-reported · whole neighbourhood, not this building

What's nearby

Distances from this building
Parks: Draper Park 161 m · Northern Linear Park 174 m · Clarence Square Park 250 m
Community centres: Canoe Landing Community Recreation Centre 366 m · Harrison Pool 1.0 km
Libraries: Fort York 542 m · Sanderson 1.3 km
City of Toronto open data · straight-line distances

Schools nearby

Distances from this building
Elementary: Jean Lumb Public School · 392 m
Middle: Lord Lansdowne Jr Sr & Da Vinci · 1.9 km
Secondary (high school): Heydon Park Secondary School · 1.4 km
Catholic elementary: Bishop Macdonell Catholic Elementary · 392 m
Catholic secondary: St Michael'S Choir School - Secondary · 2.0 km
Nearest board-run school by straight-line distance — catchment zones are set by each school board, so confirm with the board's Find Your School tool.
Who to contact about building problems. Put requests to your landlord in writing first. Unresolved property-standards issues go to the City through 311 (RentSafeTO). If 311 doesn't resolve it, your councillor's office can escalate: Ward 10 (Spadina-Fort York) — Ausma Malik, Councillor_Malik@toronto.ca · 416-392-4044.

Landlord and Tenant Board orders

How to read these orders and codes →

FileApplicationDateOrder
LTB-T-058137-25T3
tenant application — rent reduction		Feb 12, 2026PDF
LTB-L-093704-25L1
eviction application for rent arrears		Feb 3, 2026PDF

Final orders published by Tribunals Ontario (Jan–June 2026 release). An order records the outcome of an application; a high count of L1 (arrears) filings reflects filing activity, not the state of the building. Orders with confidentiality directives are excluded at source.

Landlord or manager of this building? You can request a correction or add a response that will appear beside this record. Every fact above links to its official source and date.