1206-62 Wellesley St
Bay Street Corridor, Toronto, Ontario M5S 2X3
- Bedrooms
- 3+2
- Bathrooms
- 2
- Size
- 1,800–1,999sq ft
- Per sq ft
- $678at the range’s middle
- Tax a year
- $5,7512025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1206-62 Wellesley St
1206-62 Wellesley St is a 3+2-bedroom, 2-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $1,288,800 (MLS® C13460592).
**Escape the Hassle of Commuting!** Discover the perfect blend of convenience and comfort in this rarely available townhouse alternative. Located at the heart of it all, you're just steps away from U of T, Hospital Row, College Park, Bay St, and the vibrant Yonge & Bloor intersection everything you need is within 500 meters or a quick 10-minute stroll! This unique opportunity boasts breathtaking panoramic views and offer sample space with 3 spacious bedrooms plus a versatile den/home office that captures the southwest view. Enjoy the luxury of a unit-length solarium, perfect for soaking in the natural light. With 2 full washrooms and an ensuite locker, you'll have everything you need for modern living. Spanning almost 2000 sq. ft., this home combines urban accessibility, with spacious elegance. Don't miss your chance to live in the center of it all. **EXTRAS** Existing appliances in as is condition (fridge, stove, dishwasher, microwave, washer & dryer) blinds, ELFs.
Insights
Condition Score
Fair54/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall19/100−$3,388/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 159 homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,751 / 2025
- MLS® number
- C13460592
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1800-1999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bay Street Corridor
- Municipality
- Toronto
Building
- Size
- 1800-1999 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+2
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $1,829
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1206-62 Wellesley St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,288,800 | N/A | For Sale | C13460592 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $257,760
- Total mortgage amount
- $1,031,040
- Total interest payment
- $732,960
- Total purchase cost
- $2,021,760
- Mortgage payment
- $5,880/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
66%Monthly carrying cost
$8,188- Rent $4,800
- Shortfall $3,388
Rental income opens at $4,800, the median asking rent of 159 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $22,251
- Toronto municipal land transfer tax
- $22,251
- Total land transfer tax
- $44,502
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $36,027
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 $1,288,800
- $17,776
- Ontario total
- $22,251
Toronto’s municipal tax uses the same brackets at this price, so it adds another $22,251.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m43 test or monitoring holes also recorded.250 m
- Groundwater recorded about 6 m below ground nearbyThe middle water level in the well records within 500 m (328 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 73 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 3.3 km3.3 km
- Mapped parcel: about 32,410 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 740 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
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.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 6.0 (c1.0; r6.0) SS1 (x2372)By-law
569-2013Municipality
Toronto1 6.0
Density: total floor area is capped at 6.0 times the lot area.
2 c1.0
Commercial floor area is capped at 1.0 times the lot area.
3 r6.0
Residential floor area is capped at 6.0 times the lot area.
4 x2372
Site-specific exception 2372: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2372)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
Other(BA)Permit Issued
Proposed localized concrete suspended slab repairs and waterproofing.
Issued May 25, 2026
Interior AlterationsClosed
Proposal for interior alterations to unit# 703
Issued October 29, 2021
Sign Building Permit RelatedClosed
This property is located in the CR- Commercial Residential sign district and is subject to the City of Toronto Municipal Code Chapter 694, Signs, General.An application has been made for two non-illuminated wall signs, both measuring 4.57 metres by 1.21 metres at a height of 5.36 metres to display static copy.****TRADER TV.LIVE****
Issued November 15, 2019
Garage Repair/ReconstructionPermit Issued
Proposed parking garage repair.
Issued October 3, 2019
Building Permit Related(PS)Closed - Dormant
Plumbing - interior alterations to existing apartment - interior alterations to bedrooms.
Issued May 28, 2009
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
145 ST LUKE LANESite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
270 m away550 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
290 m away538 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
290 m away548 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
290 m away546 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
290 m away7 BREADALBANE STSite planUnder Review
A Site Plan Control application for a 59-storey mixed-use building containing 587 dwelling units.
290 m away
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.
The market
Condos for sale in Bay Street Corridor right now
- For sale now
- 178
- Median asking price
- $654K
- New in 7 days
- 22
- Price cuts
- 20%
Middle half: $521K to $897K
71 in 28 days
36 listings
This home is asking 97% above the median, higher than three quarters of them.
See all homes in Bay Street CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Wellesley Station | TTC subway: Line 1 Yonge-University | 400 m |
| Museum Station | TTC subway: Line 1 Yonge-University | 500 m |
| Queen's Park Station | TTC subway: Line 1 Yonge-University | 550 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.2 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.6 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Orde Street Public SchoolToronto DSB | Public · grades JK–8 | 700 m | 82%Grade 6 average |
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 750 m | 72%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.1 km | 66%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.6 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 50 m | 66%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 700 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 900 m | 86%Grade 9 math |
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 900 m | 34%Grade 9 math |
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.
The verdict
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Recently sold nearby
Sold prices in Bay Street Corridor are shown to signed-in members.