2305-81 Wellesley Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C12575058
About this home
SHORT/LONG TERM - FULLY FURNISHED - All you need is your suitcase!! Bright, Spacious & Private - 1 Bed and 1 Bath condo, bright and spacious unit, Interior is 670 sq ft, and the exterior is 1000 sq ft. Unit comes with all appliances, fully furnished, including linens and bedding. Downtown Toronto location (Yonge and Wellesley St), one block to the subway, shops, grocery stores, and many restaurants. Personal use items and ongoing cleaning supplies not included. No patio furniture included. Parking is available for extra, key fob deposit of $200 refundable once returned in working condition.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C12575058
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Wellesley St E & Church St
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Concrete
- Exposure
- North
- Days on market
- 234
- Listing brokerage
- COMFREE
Listed at $3,250/mo, this rental is tracking about 24% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 89 similar rentals nearby, adjusted for size, beds, and baths.Median of 89 comparable active listings, adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2,400/mo
- Bedrooms −$150/mo
- Bathrooms −$100/mo
- Adjusts to $2,150/mo
That comparable adjusts to $2,150/mo; the $2,619/mo estimate above is the median of all 89 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Wellesley St East at Church St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2,619/mo, median of 89 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Wellesley St East at Church St, about 58 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16
- Toronto municipal land transfer tax
- $16
- Estimated closing costs
- $33
Plus your down payment of $650. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $832
- Principal paid down
- $331
- Interest paid
- $501
- Balance remaining
- $2,269
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COMFREE. MLS®/PropTx.