11 Wellesley Street Unit 1010, Toronto C01

Price: $359,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13522346

Newer Luxury Modern Studio + Huge Balcony. Integrated Appliances, Bright Functional Studio Unit, Beautiful North City View. Located In The Heart Of Downtown, 3 mins Walk To U of T, Ryerson, Wellesley Subway Station, Ttc, Dining, Shopping. Six High Speed Elevators, Pet Spa -Mezzanine Level,24 Hr Concierge At Ground Level. Equipped Fitness Centre, Men And Women Washrooms And Change Rooms, Indoor Pool, Cold Plunge And Hot Tub, Spa Facility W Dry Sauna At 4/F,Multi-Purpose Party Room With Kitchen Facilities,Lounging Outdoor Terrace With Bbq,Meeting Room At 5/F. Photos from previous listings. Unit is now tenanted.

11 Wellesley Street Unit 1010 - Condo photo 1 of 20 in Downtown Toronto / Waterfront, Ontario
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active
New Listing
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$359,000 - 11 Wellesley Street Unit 1010, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday

Neighbourhood: Bay Street Corridor

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13522346
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
TIMES SQUARE REAL ESTATE SERVICES INC.
Description

Newer Luxury Modern Studio + Huge Balcony. Integrated Appliances, Bright Functional Studio Unit, Beautiful North City View. Located In The Heart Of Downtown, 3 mins Walk To U of T, Ryerson, Wellesley Subway Station, Ttc, Dining, Shopping. Six High Speed Elevators, Pet Spa -Mezzanine Level,24 Hr Concierge At Ground Level. Equipped Fitness Centre, Men And Women Washrooms And Change Rooms, Indoor Pool, Cold Plunge And Hot Tub, Spa Facility W Dry Sauna At 4/F,Multi-Purpose Party Room With Kitchen Facilities,Lounging Outdoor Terrace With Bbq,Meeting Room At 5/F. Photos from previous listings. Unit is now tenanted.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,841.86/mo

Includes CMHC insurance ($10,016)

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5-yr fixed avg.

Principal: $323,100Interest: $219,441
Mortgage Amount$333,116
Total Interest$219,441
Est. Property Tax$254/mo
Total Cost$552,557

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bay Street Corridor

Discover Bay Street Corridor

Bay Street Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bay Street Corridor

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bay Street Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

11 Wellesley Street Unit 1010, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$254
Insurance (est.)-$75
Net Cash Flow+$1,456

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Bay Street Corridor

I know Bay Street Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    11 Wellesley Street Unit 1010 | $359,000 | Battaglia Team