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    Toronto / Downtown / Bay Street Corridor

    1108 - 11 Wellesley St W

    For RentWellesley On The Park Condos
    $3,300/mth
    2 Beds
    2 Bath
    0 Parking
    700 - 799 SQFT
    6 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    12.47 x 15.09ft
    Dining
    Laminate, Walkout To Balcony, Combined with Living
    12.47 x 15.09ft
    Kitchen
    Laminate, Combined with Dining, Open Concept
    12.47 x 15.09ft

    About this Listing

    Located in the prestigious Yonge and Wellesley area, this luxury condominium unit at 'Wellesley on the Park' by Lanterra offers 2 spacious, floor-to-ceiling windowed bedrooms and 2 bathrooms in the heart of downtown Toronto. The unit boasts a bright and sunny atmosphere with an expansive balcony providing stunning views of the surrounding area. Featuring a functional layout, the open-concept kitchen is equipped with built-in stainless steel appliances, a quartz countertop, and a sleek backsplash. Conveniently situated steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), Queen's Park, TTC subway station, and an array of shops, restaurants, parks, and amenities. Within walking distance to Bay-Bloor shops, Yorkville, the Entertainment District, and many of Toronto's most sought-after attractions.

    encore realty inc.MLS® #C11905807

    Amenities

    Party Room
    Media Room
    Bike Storage
    Concierge
    Guest Suites
    Sauna

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Wellesley On The Park Condos vs The Bay Street Corridor Area

    Building Trends At Wellesley On The Park Condos

    Days on Strata

    Units at Wellesley On The Park Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    221
    Units were Rented over the past twelve months

    Best Value Rank

    Wellesley On The Park Condos offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Wellesley On The Park Condos has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Wellesley On The Park Condos yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Wellesley On The Park Condos is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 11 Wellesley Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$470,000$640,000 - $660,000$650,000 - $850,000$860,000 - $1,055,000$1,060,000No Data
    Avg. Cost Per Sqft$1,369$1,598$1,335$1,327$1,263No Data
    Avg. Wait for Unit Availability62 Days77 Days44 Days83 Days141 Days120 Days
    Ratio of Units in Building18%20%40%14%6%5%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor