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THE CANADIAN HOME REALTY INC2810 Matheson Blvd E unit 801, MississaugaOntario
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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Church-Yonge Corridor
  • 50 Wellesley Street E
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  • Sold Sold in Sep 2025
  • Condo Apt

1606 - 50 Wellesley Street E

Toronto, Church-Yonge Corridor
  • 1 + 1 Bedrooms
  • 2 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 585,888
2.19%
Listed Price: $ 599,000
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Key Facts About 1606 - 50 Wellesley Street E, Toronto

  • Tax $4,012 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $490
  • Size 700 - 799 feet²
  • Listing # C12331971
  • Data Source PROPTX
  • Days on Market 41
  • Listed On 08/08/2025
  • Updated On 22/09/2025
  • Market Demand
    the canadian homethe canadian home

Description

Location! Location!! Location!!! 200 Metres away from Subway Station! Luxury Condo With 743 Sqft Spacious Unit Offers Split Bedroom, 9" Ceiling, Unbeatable East Facing Clear View, Floor To Ceiling Windows Allows Abundance Sunlight, W/ Designer Open Concept Kitchen & Quartz Counter, Stainless Steel Kitchen Appliances, Laminate Floor, Large Balcony W/A Beautiful View Facing quiet Park. Large size Den has door might use as 2nd bedroom. Perfectly situated just steps from Wellesley Subway, University of Toronto, Queens Park, walk to Bloor St luxury

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Property Details of 1606 - 50 Wellesley Street E, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Church-Yonge Corridor
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 2
  • Bathroom Details 1, 4pc Flat
  • Bathroom Details 1, 3pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete

Parking

  • Garage Type Underground
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Yonge St / Wellesley St E

Features

  • Clear View Y
  • Hospital Y
  • Library Y
  • Park Y
  • Public Transit Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 3,617

Rental Yield

5.35%

School Score

7.7/10

Rental Score

5/5

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Rooms

Living Room (3.17X2.97 metre)
Level: Flat
Dining Room (3.76X3.45 metre)
Level: Flat
Kitchen (3.76X3.45 metre)
Level: Flat
Primary Bedroom (2.87X2.74 metre)
Level: Flat
Den (2.87X2.97 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,059

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $490
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1606 - 50 Wellesley Street E, Toronto

If you're on the hunt for a stunning apartment for sale in Toronto , look no further than this luxurious condo located at 50 Wellesley Street E, Toronto. This splendid property is all about location, location, location! Just a mere 200 metres from the nearest subway station, it’s perfect for those who need quick access to the city’s transport links.

This apartment for sale in Toronto boasts a spacious 743 square foot layout, featuring two well-appointed bedrooms and two bathrooms, making it ideal for couples, small families, or even professionals looking for a bit of extra space. The split bedroom design ensures privacy, while the high 9-foot ceilings give the entire unit an airy and open feel. The floor-to-ceiling windows flood the space with natural light, offering an unbeatable east-facing view that’s simply breathtaking. Imagine waking up to that every morning!

The kitchen is a real highlight of this apartment for sale in Toronto. Designed with an open concept in mind, it features sleek quartz countertops and stainless steel appliances, perfect for whipping up your favourite meals. Whether you're a seasoned chef or just enjoy the occasional takeaway, this kitchen will meet all your culinary needs. The laminate flooring throughout adds a touch of modern elegance, making it easy to maintain and stylish at the same time.

Step out onto the large balcony, where you can enjoy a beautiful view overlooking a quiet park. It’s the perfect spot for a morning coffee or an evening glass of wine, allowing you to unwind after a busy day in the bustling city.

While this apartment for sale in Toronto doesn’t come with a pool or a fireplace, it more than makes up for it with its fantastic amenities and location. Central air conditioning ensures you’ll stay cool during those hot summer months, and the building itself is constructed from durable concrete, promising longevity and a solid investment.

Living at 50 Wellesley Street E, Toronto, places you right in the heart of the Church-Yonge Corridor, a vibrant community known for its lively atmosphere. You’ll be just steps away from the University of Toronto and Queen’s Park, making it an excellent choice for students or anyone who enjoys the cultural offerings of the area. Plus, with Bloor Street's luxury stores and an array of famous restaurants within walking distance, you’ll never run out of things to do or places to explore.

For those who require internet access, you’ll be pleased to know that this apartment for sale in Toronto is equipped with high-speed internet, making it perfect for remote work or streaming your favourite shows. Although it doesn’t have a family room or additional land, the five total rooms provide ample space for all your needs.

Parking won’t be an issue either, as the condo offers underground garage space, ensuring your vehicle is safe and secure. While there’s no central vacuum system or additional features, the simplicity and elegance of this apartment are what truly stand out.

In summary, if you’re looking for a fantastic apartment for sale in Toronto, this condo at 50 Wellesley Street E, Toronto, is a rare find that you won’t want to miss. With its prime location, modern amenities, and spacious layout, it’s the perfect place to call home. Don’t hesitate—this great deal won’t last long! Come and see for yourself why this apartment is such a gem in the heart of Toronto!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood characterised by its striking blend of modernity and historic charm. This bustling area is defined by its towering skyscrapers, lively streets, and a diverse array of shops, restaurants, and cultural venues. Residents enjoy convenient access to public transport, making it easy to explore the rest of the city. The corridor is also home to beautiful parks and green spaces, offering a welcome respite from the urban hustle. With its rich tapestry of cultures and a thriving arts scene, the Church-Yonge Corridor is an enticing place for anyone seeking the excitement of city living while still enjoying a sense of community.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. Within a short distance, you will find Church Street Junior Public School (0.4 km), a public elementary school offering grades JK to 6, with a school rating of 6.4. Additionally, Winchester Junior and Senior Public School (0.9 km) serves grades SK to 8, although it currently has no rating. For older students, Jarvis Collegiate Institute (0.4 km) provides education for grades 9 to 12 with a rating of 5.9, while St. Joseph's College School (0.5 km) offers a Catholic high school experience with a commendable rating of 7.6. Other nearby options include Our Lady of Lourdes Catholic School (0.6 km) for grades JK to 8, rated 5.5, and Lord Lansdowne Junior Public School (1.7 km), which offers a French curriculum but has no rating. Lastly, St. Mary Catholic School (2.8 km) provides education in French for younger students. Overall, the proximity to a diverse range of schools ensures that families have access to quality education options in the area.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,467 residents, characterized by a relatively small average household size of 1.6. The demographic profile indicates a youthful community with an average age of 32.5 years. The average household income stands at $72,400, although a significant portion, 34.2%, falls into the low-income category. The housing market reflects an average property price of $684,000, with a notable prevalence of renters at 62.36%, and a high concentration of condominiums, comprising 93.82% of the housing stock. The community is predominantly single, with 65.84% of the population identifying as such, while households with children make up 22.92%. Immigrants represent a substantial 36.03% of the population, contributing to the area's diversity. Educational attainment is high, with 80.61% of residents holding a college or university degree. However, a significant 32.95% of the population is not in the labor force, indicating potential economic challenges. Overall, this demographic snapshot highlights a vibrant yet complex community with a mix of opportunities and challenges in terms of housing and income levels.

FAQs About 1606 - 50 Wellesley Street E, Toronto

How many bathrooms does this property have?

This property features 2 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 700 - 799.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 50 Wellesley Street E?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $490.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1606 - 50 Wellesley Street E, Toronto

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Listing History

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