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Wellesley On The Park
Wellesley On The Park
M4Y1E8
14
ACTIVE
LISTINGS
$789K
AVG SALE
PRICE
25
AVG DAYS ON
MARKET
About Wellesley On The Park
Wellesley On The Park is a 60-storey high-rise residential tower developed by Lanterra Developments and completed in 2020. Located on Bay Street in the heart of downtown Toronto, this 681-unit building offers modern urban living steps from parks, transit, and major cultural institutions. With units currently ranging from $698,000 to $880,000 for purchase and averaging $3,181 per month for rent, it appeals to buyers and renters seeking convenience in one of the city's most connected neighbourhoods.
The Bay Street Corridor offers unmatched proximity to transit, dining, and cultural amenities. Nearby Wellesley Park provides green space, while Dundas Square, the Art Gallery of Ontario, and the St. Lawrence neighbourhood are all walkable. This location suits professionals, students, and anyone prioritizing walkability and downtown access over car dependency.
Frequently asked questions
What type of building is Wellesley On The Park?
Wellesley On The Park is a 60-storey high-rise residential tower completed in 2020 by Lanterra Developments. The building contains 681 units across a range of layouts, from studios to multi-bedroom suites. As a modern condominium, it includes amenities designed for residents and offers both parking and locker storage to suit urban dwellers. The high-rise format maximizes views and access to the surrounding downtown core while offering the services and community common areas typical of contemporary residential towers.
What's the neighbourhood like, and what transit is nearby?
Wellesley On The Park sits in the Bay Street Corridor, one of downtown Toronto's most walkable and connected areas. The building is steps from Wellesley Park, offering green space in an otherwise dense urban setting. Transit access is excellent: the Wellesley subway station is nearby on the Yonge-University line, providing rapid access across the city. Within walking distance you'll find Dundas Square, the Art Gallery of Ontario, Kensington Market, and the St. Lawrence neighbourhood's shops and restaurants. Bay Street itself features office towers, galleries, and service businesses, making this location ideal for professionals working downtown or anyone who values not needing a car.
What should a buyer or renter know about this building?
Units at Wellesley On The Park range significantly in size and configuration. Current listings show an average of 2.2 bedrooms and approximately 656 square feet, though layouts vary. When evaluating a unit, consider whether you want a view of the park or the city skyline, and check what floor you're on, since higher floors command premiums. Parking and locker storage are available, which is valuable in a downtown location where street parking is limited and seasonal storage matters. Before committing, ask about current maintenance fees, any special assessments planned, and the pet policy if you have animals. Also inquire about building amenitiesu2014pools, gyms, and communal spaces varyu2014and whether utilities are included in your purchase or lease.
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For Sale 2 For Rent 12
Building details
TypeHigh-rise
Year built2020
Storeys60
Total units681
DeveloperLanterra Developments
ParkingAvailable
LockerAvailable
Postal code
M4Y 1E8