11 Wellesley St W Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


11 Wellesley St W, Toronto M4Y1E8

Wellesley On The Park was built by
Lanterra DevelopmentsLanterra Developments was founded by Mark Mandelbaum and Barry Fenton, two real estate visionaries who began with a dream to develop innovative, one-of-a-kind downtown condominium properties.
and completed in year 2021.

There are total 60 floors and approximately 739 units.

The building currently has 7 units on sale, and 7 for lease.

Condo monthly management fee includes: Water.

Condo facility includes: Gym, Concierge, Indoor Pool, Sauna and Jacuzzi.

Condo Building Analysis

For Sale

Condo values have decreased 13.3% compared with the same period last year.

Maintenance costs have remained relatively stable compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$720 – $1,050/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.73 – $5.78/sqft

How This Condo Compares

Price Position
In Line
Recent sale prices are broadly in line with similar-age condos in the community.
Maintenance Cost
13.3% Higher
Adjusted maintenance costs are above similar-age condo buildings in the community.
Effective Cost
16% Higher
Estimated occupancy costs are higher than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 68% of residents hold a bachelor's degree or higher, while about 8% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Wellesley Subway Station: 0.1km (~2 mins walk)
GTA Go Train Union Go Train Station (2.2km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
2502 2 2 1 700-799 1,149,900
4309 1+1 1 1 500-599 569,000
3411 1 1 0 500-599 599,900
3604 1+1 1 1 500-599 638,000
1307 1+1 1 0 500-599 629,000
4203 1+1 1 0 500-599 569,000
5311 1+1 1 0 500-599 499,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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