1709-24 Wellesley Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13580438

$2,550/mo
For Lease
Listed 4 days ago
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Bay and Wellesley! All Utilities are included and Immediate Occupancy !!! Solid spacious 1 bedroom + den unit in The Century Plaza. Laminate flooring throughout. large open living and dining area. A separate kitchen with Updated appliance. Glass-enclosed sunroom large enough for a bed. Floor-to-ceiling windows brings in lots of light. Well maintained building with Great amenities including a gym, rooftop terraces, sauna, indoor/outdoor hot tub, library, party room, 24-hour concierge, and ample visitor parking. Steps to Wellesley Subway Station, U of T, OCAD, TMU, Queens Park, Eaton Centre, major hospitals and countless restaurants and shops. Downtown core living with 99 Walk score Convenience!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13580438
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Bay/Wellesley
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Exposure
North East
Days on market
4
Listing brokerage
ROYAL LEPAGE PEACELAND REALTY

Rooms

Living RoomFlat3.71 × 3.78 m

laminate · led lighting · open concept

DenFlat2.14 × 2.00 m

laminate · sliding doors · window floor to ceiling

Dining RoomFlat4.15 × 2.95 m

laminate · led lighting · open concept

Primary BedroomFlat3.39 × 3.18 m

laminate · closet · window floor to ceiling

KitchenFlat2.77 × 2.30 m

ceramic floor · stainless steel appl · overlooks dining

Moe’s TakeTeam Asgarian · Broker
In line
$2,735/moest. value

Listed at $2,550/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Bay Street Corridor lately, landlords have been getting about 99% of asking and homes lease in about 14 days.

Based on 98 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 98 recently leased comparable homes — actual closing prices, not asks — 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, leased for $2,700/mo
  • Adjusts to $2,700/mo

That comparable adjusts to $2,700/mo; the $2,735/mo estimate above is the median of all 98 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still 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.

List price
$2,500/moBelow market$3,131/moAbove market

Total price vs nearby homes. Fair value about $2,735/mo, median of 98 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$2,602avg asking

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

2416-44 St Joseph Street$2,5301810-111 Elizabeth Street$2,650715-955 Bay Street$2,4501907-24 Wellesley Street$2,6805808-7 Grenville Street$2,700

The 5 closest of 8 active listings nearby.

See all comparable homes
2,550This home2,5302,6502,4502,6802,700This home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $3K
67active listings nearby
4days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Bay Street 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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$3K
Moss Park
$2K
Waterfront Communities C1
$3K
Waterfront Communities C8
$2K
Dovercourt-Wallace Emerson-Junction
$2K

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 · 1.0 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$12/mo
$4KIncome needed
0.6×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 $12Property tax $2Total carry $13

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)
$11per month

Mortgage amount $2,040 · 4.14% over 25 years

$510Down payment (20.0%)
$2,040Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$13
Toronto municipal land transfer tax
$13
Estimated closing costs
$26

Plus your down payment of $510. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,226Total interest paid
$3,266Total of all payments
Principal $2,040 Interest $1,226
YearPrincipalInterestBalance
1$48$83$1,992
2$50$81$1,942
3$52$79$1,891
4$54$77$1,837
5$56$74$1,780
6$59$72$1,722
7$61$70$1,660
8$64$67$1,597
9$66$64$1,530
10$69$62$1,461
11$72$59$1,389
12$75$56$1,314
13$78$52$1,236
14$81$49$1,155
15$85$46$1,070
16$88$42$982
17$92$39$890
18$96$35$794
19$100$31$694
20$104$27$590
21$108$22$481
22$113$18$368
23$118$13$250
24$123$8$128
25$128$3$0

At the end of your 5-year term

Total paid over the term
$653
Principal paid down
$260
Interest paid
$393
Balance remaining
$1,780

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 ROYAL LEPAGE PEACELAND REALTY. MLS®/PropTx.

CallRequest a showing