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43.70° N · 79.40° W — Toronto & nearby · 9,679 homes for sale today43.70° N · 79.40° W — 9,679 homes today(647) 554-7436Saved

43.6646° N · 79.3852° W — Bay Street Corridor, Toronto — MLS® #C14121054

5311-11 Wellesley St

$499,000

Bay Street Corridor, Toronto, Ontario M4Y 0G4

1+1
BedroomsBeds
1
BathroomsBaths
500-599 sqft500-599
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

5311-11 Wellesley St is a 1+1-bedroom, 1-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $499,000 (MLS® C14121054).

This desirable one-bedroom + enclosed den (den can easily function as a bedroom for overnight guests!) at Wellesley on the Park in the heart of the Bay Street Corridor must be seen! Incredible 180-degree panoramic skyline and views of Lake Ontario that are simply breathtaking. 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 that allow natural light to pour into the suite. The suite is the perfect space for a first time home buyer, or investor looking for an outstanding space to call their own. 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!

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 57Near break-even

    Cash flow quality

    −$100/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 105 condos with 2 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$3,553 / 2026
MLS® number
C14121054
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
6-10
Time on market
Size
500-599 sqft
Listed on
Parking
Underground, 0 Parking

Listing history

Listing activity for 5311-11 Wellesley St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$499,000N/AFor SaleC14121054

Inside

Room by room

Property

Property Type
Condo Apt
Style
Apartment
Community
Bay Street Corridor
Municipality
Toronto

Building

Size
500-599 sqft
Building Age
6-10
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Wellesley StationTTC subway: Line 1 Yonge-University150 m
College StationTTC subway: Line 1 Yonge-University450 m
Queen's Park StationTTC subway: Line 1 Yonge-University700 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train2.2 km
Eglinton StationTTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton4.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Bay Street Corridor

Active listings only, today.

Condos for sale in Bay Street Corridor right now

For sale now
177
Median asking price
$658K

Middle half: $520K to $899K

New in 7 days
22

71 in 28 days

Price cuts
21%

37 listings

This home is asking 24% below the median, lower than three quarters of them.

See all homes in Bay Street Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineAppliesOn the Heritage Register — Listed
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningSee Former City of Toronto By-Law No. 438-86Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
  • Permits27 clearedBuilding Permit Related(PS) Issued October 26, 2022 · Building Permit Related(MS) Issued October 26, 2022 · Interior Alterations Issued October 14, 2022 · Building Permit Related(PS) Issued April 29, 2022 · Building Permit Related(MS) Issued April 29, 2022 · Interior Alterations Issued April 5, 2022 · Interior Alterations Issued February 1, 2022 · Building Permit Related(PS) Issued February 1, 2022
  • Signals nearby6 to note550 YONGE ST, Site plan, 60 m away · 548 YONGE ST, Site plan, 60 m away · 145 ST LUKE LANE, Site plan, 60 m away · 546 YONGE ST, Site plan, 60 m away · 544 YONGE ST, Site plan, 70 m away · 542 YONGE ST, Site plan, 70 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record176 building permits issued within 250 m in the last 2 years
  • devappsOn record30 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
  • airportOn recordNearest airport: 3.4 km
  • parcelOn recordMapped parcel: about 9,590 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 91 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 1 m below ground nearby The middle water level in the well records within 500 m (437 records). It changes with the season and from spot to spot.
  • npriOn record2 facilities within 1 km report pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Walton Street Steam Plant, 770 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Land transfer tax on this home

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Total land transfer tax
$12,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$4,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $499,000
$1,980
Ontario total
$6,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Church Street Junior Public SchoolToronto DSBPublic · grades JK–672%Grade 6 average500 m
  • Orde Street Public SchoolToronto DSBPublic · grades JK–882%Grade 6 average850 m
  • Our Lady of Lourdes Catholic SchoolToronto CDSBCatholic · grades JK–866%Grade 6 average900 m
  • École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average1.4 km

SecondaryGrade 9 math 2024–25

  • St Joseph's College SchoolToronto CDSBCatholic · grades 9–1266%Grade 9 math300 m
  • Native Learning CentreToronto DSBPublic · grades 9–12—500 m
  • Jarvis Collegiate InstituteToronto DSBPublic · grades 9–1234%Grade 9 math700 m
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math700 m

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$499,000

A month, all in

$3,100

  • Mortgage$2,277
  • Property tax$296
  • Condo or maintenance fee$527

A planning figure, not a quote.

Land transfer tax

$12,910

$4,435 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$3,000

a month, median asking rent of 105 similar homes in Bay Street Corridor.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

Want to see it this week?

Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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