5311-11 Wellesley Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13753856

$598,000
For Sale
Listed 41 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Discover elevated urban living at Wellesley on the Park in the heart of the Bay Street Corridor where one of the building's most sought-after one -plus den layouts...
  • Perched on the 53rd floor, this bright and stylish suite offers a wrap-around balcony w/ breathtaking panoramic views of the Toronto skyline and Lake Ontario.
  • With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door.
  • Inside, an open-concept layout paired with floor-to-ceiling windows floods the space with natural light throughout the day.
  • Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for...

Discover elevated urban living at Wellesley on the Park in the heart of the Bay Street Corridor where one of the building's most sought-after one -plus den layouts awaits! Perched on the 53rd floor, this bright and stylish suite offers a wrap-around balcony w/ breathtaking panoramic views of the Toronto skyline and Lake Ontario. With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door. Inside, an open-concept layout paired with floor-to-ceiling windows floods the space with natural light throughout the day. The living and dining area flows effortlessly for both quiet nights in and entertaining friends, while the sleek kitchen features fully integrated appliances and refined finishes that tie the whole space together. The bedroom takes full advantage of those spectacular sky-high views, and the den (with its own door and window) offers exceptional flexibility as a second bedroom or home office. Ensuite laundry and one storage locker round out the suite for convenience and extra storage. Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting family and friends. Situated at Yonge and Wellesley in the heart of the Bay Street Corridor, residents enjoy outstanding connectivity. You are just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, top hospitals, and some of Toronto's best dining and shopping. A rare opportunity to settle into one of downtown Toronto's coveted addresses, where elevated city living meets a peaceful escape above the skyline. Do not let this one pass you by!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13753856
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge & Wellesley
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete, Other
Foundation
Unknown
Roof
Unknown
Maintenance
$527/mo
Exposure
North East
Property tax
$3,553 / 2026
Days on market
41
Listing brokerage
REAL BROKER ONTARIO LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Bay Street Corridor · asking prices
$586kavg asking

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

Per square foot, these ask about $1,067/sqft; this home lists at $1,088/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
598kThis home599k629k638k540k526kThis home vs active comparables

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.

North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C1
$624K
Waterfront Communities C8
$554K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.3 km · 76% at standard
Native Learning Centre · Public secondary0.5 km
Jarvis Collegiate Institute · Public secondary0.7 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.8 km
Orde Street Public School · Public elementary0.9 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary0.9 km
Winchester Junior and Senior Public School · Public elementary1.2 km · 76% at standard
Rose Avenue Junior Public School · Public elementary1.2 km · 46% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.2 km · 98% at standard
Contact Alternative School School · Public secondary1.3 km
Subway Academy II · Public secondary1.3 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,725/mo
$127KIncome needed
4.7×Price ÷ income
$629Weekly cost
$16,870Land transfer tax, one-time (Ontario + Toronto)
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.

77%mortgage
Mortgage $2,725Property tax $296Condo fee $527Total carry $3,548

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,645per month

Mortgage amount $478,400 · 4.49% over 25 years

$119,600Down payment (20.0%)
$478,400Loan before insurance
$0CMHC premium
$3,468Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,645
Property tax
$296
Condo / maintenance fees
$527
Heating
$0
Estimated monthly cost
$3,468

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

One-time closing costs

Ontario land transfer tax
$8,435
Toronto municipal land transfer tax
$8,435
Estimated closing costs
$16,870

Plus your down payment of $119,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,202/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

$315,147Total interest paid
$793,547Total of all payments
Principal $478,400 Interest $315,147
YearPrincipalInterestBalance
1$10,676$21,066$467,724
2$11,161$20,581$456,564
3$11,667$20,075$444,896
4$12,197$19,545$432,699
5$12,751$18,991$419,948
6$13,330$18,412$406,619
7$13,935$17,807$392,684
8$14,568$17,174$378,116
9$15,229$16,513$362,887
10$15,921$15,821$346,966
11$16,643$15,098$330,323
12$17,399$14,343$312,923
13$18,189$13,553$294,734
14$19,015$12,727$275,719
15$19,878$11,863$255,841
16$20,781$10,961$235,060
17$21,724$10,017$213,335
18$22,711$9,031$190,625
19$23,742$8,000$166,883
20$24,820$6,922$142,063
21$25,947$5,795$116,116
22$27,125$4,617$88,991
23$28,357$3,385$60,634
24$29,644$2,098$30,990
25$30,990$752$0

At the end of your 5-year term

Total paid over the term
$158,709
Principal paid down
$58,452
Interest paid
$100,258
Balance remaining
$419,948

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$1,700/mo
$20,400Gross annual rent
1.3%Cap rate after taxes and upkeep

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.

3.4%
Gross yield
− Property tax $3,553− Condo fees $6,322− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,681

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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