308-28 Wellesley Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13119658

$428,000
For Sale
Listed 70 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Live at the VOX! This sleek 1-bedroom suite offers a highly functional and efficient layout in the absolute heart of Downtown. Featuring premium 9' smooth ceilings and luxury laminate flooring throughout for a modern, high-end feel. The open-concept kitchen boasts stainless steel appliances and a clean, contemporary design. Freshly painted and move-in ready! An unbeatable location for those who want the city at their doorstep: steps to Wellesley Subway, U of T, TMU, and endless dining. Prime building amenities include a 24-hour concierge, exercise room, party room, theatre lounge, and an outdoor terrace with BBQ area. Perfect for the urban professional or savvy investor!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13119658
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Yonge & Wellesley St E
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$368/mo
Exposure
North
Property tax
$1,961 / 2025
Days on market
70
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenFlat3.32 × 2.05 m

laminate · stainless steel appl · granite counters

Dining RoomFlat3.51 × 2.25 m

laminate · combined w/living · window floor to ceiling

Living RoomFlat3.51 × 2.25 m

laminate · combined w/dining · window floor to ceiling

BedroomFlat3.48 × 2.26 m

laminate · window floor to ceiling · closet

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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 Station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$436kavg asking

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

2916-252 Church Street$435k806-77 Mutual Street$420k706-28 Wellesley Street$438k4110-252 Church Street$440k1101-89 Church Street$449k

The 5 closest of 8 active listings nearby.

See all comparable homes
428kThis home435k420k438k440k449kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $399K
$1,715this home / sqft
17active listings nearby
70days on market
100sold nearby · 90 days
$623Kmedian sold price
96%of asking, on average

This home lists 8% above the area average of $1,584/sqft.

69 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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

100/ 100

Walker's ParadiseA 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 Station, about 69 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

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
$525K
Annex
$513K
Waterfront Communities C1
$653K
Waterfront Communities C8
$830K
Niagara
$740K

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
$1,951/mo
$90KIncome needed
4.8×Price ÷ income
$450Weekly 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.

79%mortgage
Mortgage $1,951Property tax $163Condo fee $368Total carry $2,483

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,827per month

Mortgage amount $342,400 · 4.14% over 25 years

$85,600Down payment (20.0%)
$342,400Loan before insurance
$0CMHC premium
$2,359Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,827
Property tax
$163
Condo / maintenance fees
$368
Heating
$0
Estimated monthly cost
$2,359

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,035
Toronto municipal land transfer tax
$5,035
Estimated closing costs
$10,070

Plus your down payment of $85,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,219/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

$205,752Total interest paid
$548,152Total of all payments
Principal $342,400 Interest $205,752
YearPrincipalInterestBalance
1$8,021$13,905$334,379
2$8,357$13,569$326,022
3$8,706$13,220$317,316
4$9,070$12,856$308,245
5$9,450$12,476$298,795
6$9,845$12,081$288,950
7$10,257$11,669$278,693
8$10,686$11,240$268,007
9$11,133$10,793$256,874
10$11,599$10,327$245,275
11$12,084$9,842$233,192
12$12,589$9,337$220,602
13$13,116$8,810$207,487
14$13,664$8,262$193,822
15$14,236$7,690$179,586
16$14,832$7,095$164,754
17$15,452$6,474$149,303
18$16,098$5,828$133,204
19$16,772$5,154$116,433
20$17,473$4,453$98,960
21$18,204$3,722$80,756
22$18,965$2,961$61,790
23$19,759$2,167$42,031
24$20,585$1,341$21,446
25$21,446$480$0

At the end of your 5-year term

Total paid over the term
$109,630
Principal paid down
$43,605
Interest paid
$66,026
Balance remaining
$298,795

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.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
4.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.4%
Gross yield
− Property tax $1,961− Condo fees $4,422− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,582

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

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