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    Wellesley On The Park Condos
    by Lanterra Developments

    11 Wellesley Street

    10for Sale
    24for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    60
    Number of Units:
    739
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    265 - 1,000 SQFT
    Unit Availability:
    High
    Property Management:
    Del Property Management Inc.

    Listing History for Wellesley On The Park Condos

    Amenities

    Gym Room
    Games Room
    Bike Storage
    Business Centre
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 11 Wellesley StreetWellesley On The Park Condos

    Standing 60 storeys tall at 11 Wellesley Street — Wellesley On The Park Condos is a high-rise by any definition. Lanterra Developments completed construction on the building in 2020, resulting in 739 Bay St. Corridor condo for sale. Suites start at 265 square feet and go up to 1000 square feet, and because of the number of units in the building, buyers have a good chance of finding Toronto condos for sale here.

    This condo has an excellent Walk Score of 99 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 11 Wellesley Street are $0.90 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    On average, units at 11 Wellesley Street sell 2.70% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $1,438 (based on past 12 months of sales). Units typically sell with 31 days on market on average. Over the past 12 months, 31 have sold and 219 have been rented here.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Pizzaiolo Gourmet Pizza, Not Just Noodles and Coach House Restaurant. Want a freshly brewed coffee without stepping foot on a bus or jumping in the car? Then you’ll be pleased to know that McDonald's, Tim Hortons and Starbucks are both walkable.

    Grocery shopping can feel like a chore — but not when Galleria Supermarket Express (Wellesley) and Rabba Fine Foods are just an easy 7-minute walk away.

    Taking care of your financial health is easy with Scotiabank and RBC Royal Bank close by.

    This condo is also situated within minutes of green spaces like Breadalbane Park and East of Bay Park.

    Enhance your personal style while living in the Bay St. Corridor neighbourhood by visiting Terry's Hair 384 YONGE #63, Ins Market and Cumberland Terrace.

    Art and culture seekers can enjoy amazing attractions nearby like Ontario Arts-Provincial Programs, John B. Aird Gallery and The Window Gallery YYZ, less than 8 minutes walking distance from here.

    There are plenty of nearby school choices — da Vinci School, Westside Montessori School and Kensington Community School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    With a 99 walk score, public transit users can reach the nearest light transit stop at Wellesley St West At Yonge St in just minutes. Wellesley station is only 3 minutes walking distance from the building.

    Curious about similar condos in the area? Check out 24 Wellesley Street W, 555 Yonge Street and 8 Wellesley Street — all within walking distance.

    10

    Listings For Sale

    Interested in receiving new listings for sale?

    24

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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.

    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
    $62,581
    Average Household Size
    0 persons
    Average Age
    2
    Average Household Income
    $102,398
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages
    Arabic
    1%
    Tagalog
    1%
    Mandarin
    9%
    Cantonese
    5%
    Korean
    1%
    Tamil
    1%
    English
    38%
    Other
    44%
    Education
    High School
    20%
    Apprenticeship
    2%
    University and Above
    46%
    College
    15%
    University Below Batchelor
    2%
    None
    12%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    20%
    Humanities
    6%
    Physical Sciences
    5%
    Math & Computer Sciences
    10%
    Social Sciences
    11%
    Education
    3%
    Visual & Performing Arts
    3%
    Business Management
    25%

    Price Trends

    Building Trends At Wellesley On The Park Condos

    Days on Strata

    Units at Wellesley On The Park Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

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

    Price Ranking

    3rd
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    31
    Units were Sold over the past twelve months

    Rented Units

    219
    Units were Rented over the past twelve months

    Best Value Rank

    Wellesley On The Park Condos offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    Wellesley On The Park Condos has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    Wellesley On The Park Condos yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    Wellesley On The Park Condos is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 11 Wellesley Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$518,000 - $555,000$618,000 - $740,000$718,000 - $870,000$925,000 - $1,180,000$1,060,000 - $1,240,000$1,243,000 - $1,340,000
    Avg. Cost Per Sqft$1,635$1,345$1,407$1,522$1,156$1,468
    Avg. Wait for Unit Availability47 Days79 Days44 Days70 Days141 Days120 Days
    Ratio of Units in Building19%19%40%15%6%5%

    Maintenance Fees

    Wellesley On The Park Condos vs The Bay St. Corridor Area

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