2009-28 Wellesley Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C12942228

$3,200/mo
For Lease
Listed 109 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Close To U Of T Condo Living. Located Near Yonge And Wellesley. Steps To Wellesley Subway Station, School. Stunning Views! Fully Furnished With Furniture, Designer Kitchen With European Appliances, Marble Countertop In Washroom, Floor To Ceiling Windows, 9Ft Ceiling, Ensuite Stacked Washer/Dryer.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12942228
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Yonge & Wellesley
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stone
Exposure
North West
Days on market
109
Listing brokerage
HC REALTY GROUP INC.

Rooms

KitchenMain5.23 × 4.45 m

hardwood floor · stainless steel appl · modern kitchen

Living RoomMain5.23 × 4.45 m

hardwood floor · large window · w/o to balcony

Bedroom 2Main2.62 × 2.43 m

Hardwood Floor

BedroomMain3.07 × 2.83 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,600/moest. value

Listed at $3,200/mo, this rental is about 23% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 27 similar rentals nearby, adjusted for size, beds, and baths.Median of 27 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 $2,600/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,500/mo

That comparable adjusts to $2,500/mo; the $2,600/mo estimate above is the median of all 27 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$2,500/moBelow market$3,200/moAbove market

Total price vs nearby homes. Fair value about $2,600/mo, median of 27 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$2,880avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3605-50 Charles Street$3,0503308-42 Charles Street$3,0001106-85 Wood Street$2,8501004-3 Gloucester Street$2,7501906-25 Carlton Street$2,750

The 5 closest of 8 active listings nearby.

See all comparable homes
3,200This home3,0503,0002,8502,7502,750This home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $3K
69active listings nearby
109days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$3K
Moss Park
$3K
Kensington-Chinatown
$2K
Waterfront Communities C1
$3K
Mount Pleasant West
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$15/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $15Property tax $2Total carry $17

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14per month

Mortgage amount $2,560 · 4.14% over 25 years

$640Down payment (20.0%)
$2,560Loan before insurance
$0CMHC premium
$16Total monthly cost

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
$32

Plus your down payment of $640. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17/monthPayment at the qualifying rate

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

$1,538Total interest paid
$4,098Total of all payments
Principal $2,560 Interest $1,538
YearPrincipalInterestBalance
1$60$104$2,500
2$62$101$2,438
3$65$99$2,372
4$68$96$2,305
5$71$93$2,234
6$74$90$2,160
7$77$87$2,084
8$80$84$2,004
9$83$81$1,921
10$87$77$1,834
11$90$74$1,743
12$94$70$1,649
13$98$66$1,551
14$102$62$1,449
15$106$57$1,343
16$111$53$1,232
17$116$48$1,116
18$120$44$996
19$125$39$871
20$131$33$740
21$136$28$604
22$142$22$462
23$148$16$314
24$154$10$160
25$160$4$0

At the end of your 5-year term

Total paid over the term
$820
Principal paid down
$326
Interest paid
$494
Balance remaining
$2,234

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.

Let's connect

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.

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