1506 - 50 Wellesley Street
Toronto C08, ON
- 2 bed
- 2 bath
- approx. 700-799 sqft
- Condo Apartment
- 55 days on market
Discover urban living at its finest in this stunning 2-bedroom, 2-bathroom condo located in the heart of downtown Toronto. This spacious 743 sq.ft. unit features a smart open-concept layout, 9-foot ceilings, and floor-to-ceiling windows that offer unobstructed east-facing views and flood the space with natural light. Enjoy the luxury of a full-length private balcony, perfect for relaxing or entertaining, and high-end finishes throughout, including laminate flooring, quartz countertops, an under mount sink, and built-in kitchen appliances.The primary bedroom boasts a modern en-suite bathroom, while the second bedroom offers a closet and sliding doors for added versatility. Located just steps from Wellesley Subway Station and within walking distance to the University of Toronto, Toronto Metropolitan University (Ryerson), top hospitals in the University Health Network, and Torontos vibrant culture and entertainment districts, this condo offers a nearly perfect walk score of 99 and a transit score of 98making it ideal for students, professionals, or anyone who values convenience.Residents will also enjoy an array of premium amenities, including a 24/7 concierge, a fully equipped fitness centre, an outdoor pool, party and game rooms, guest suites, and more. Don't miss this opportunity to live in a prestigious Plaza building that truly has it all.
Listing Details
- Taxes (2026)
- $4,097
- Listed
- July 15, 2026
Price History
Property
- Style
- Apartment
- Age
- New
- Construction
- Concrete
- Interior
- Other
Parking
- Garage
- Underground
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Yonge St/Wellesley Street East
- Parcel Number
- 767200313
- Possession
- Flexible
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $538/month
- Fee Includes
- Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
- Amenities
- Concierge, Exercise Room, Game Room, Guest Suites, Outdoor Pool, Party Room/Meeting Room
Schools
Secondary
- Native Learning Centre0.3 km
Public · Toronto DSB
- Collège français secondaire0.5 km
French public · CS Viamonde · 155 students
Grade 10 literacy: 100% met the provincial standard
- St Joseph's College School0.5 km
Catholic · Toronto CDSB · 545 students
Grade 10 literacy: 87% met the provincial standard
Elementary
- Church Street Junior Public School0.4 km
Public · Toronto DSB · 485 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Collège français élémentaire0.5 km
French public · CS Viamonde · 75 students
- St Martin Catholic School(OL of Lourdes0.6 km
Catholic · Toronto CDSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M4Y
- Population
- 36,319
- Private dwellings
- 26,472
- Median age
- 33.2
- Average household size
- 1.5
- Median household income
- $62,400
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Toronto C08 · last 12 months
- Median sold price
- $592,500
- Homes sold
- 1,635
- Median days on market
- 28
- Sale-to-list price
- 97.3%
Based on 1,635 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.
Rooms
4-piece on Flat, 3-piece on Flat
Ground
- Bedroom 28'11" x 8'8"
- Dining Room12'4" x 11'8"
- Kitchen12'4" x 11'8"
- Living Room10'1" x 9'6"
- Primary Bedroom9'5" x 9'3"
Listed by
RE/MAX ULTIMATE REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$150,000
Estimated Monthly Payment
$3,685
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,685/mo (20% down, 5.5%)
Taxes: $341/mo · Insurance: $188/mo
Maint: $538/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions unobstructed east-facing views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?