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$569,900
50 Wellesley Street · Toronto · Ontario M4Y 0C8
90 days on market
Live smart in this bright 1-bedroom + den condo just a 2-minute walk to Wellesley Station. Featuring a practical layout, 9-foot ceilings and an east-facing balcony with city views, this suite is ideal for professionals, students and investors alike. Enjoy an unbeatable central Toronto location close to Yonge Street, TMU and the University of Toronto, hospitals, the Financial District and the Entertainment District. Building amenities include a 24-hour concierge, outdoor pool, fitness centre, par…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: Red And White Realty Inc
Source: TRREB/PROPTX · MLS® C13605014
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $25,944 | $2,162/mo |
| Government & taxes | ||
| Property tax | $3,481 | $290/mo |
| Land transfer tax(closing) | $7,873 | $656/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,699 | $475/mo |
| Condo fees | ||
| Condo / HOA fees | $6,565 | $547/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $60,223 | $5,019/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.