62 Wellesley Street, Toronto, ON

$1,025,000
MLS#:C12985224
3 beds
2 baths
1600-1799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,025,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Separate Heating Controls
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To Queen's Park Place, A Boutique Building Offering A Unique Living Experience With Only 100 Units. This Spotless Suite Is Approximately 1600 Square Feet And Features Some Modern Updates That Enhance Its Appeal. The Abundant Natural Light Creates A Bright And Inviting Atmosphere, While The Well-Designed Layout Ensures A Great Flow Of Air Throughout The Space. Enjoy Stunning Views Of The CN Tower And A South-Facing Aspect That Fills The Rooms With Light. The Formal Dining Room Is Perfect For Entertaining Guests, Providing A Stylish Space For Special Gatherings. A Large Solarium Is Accessible From All Rooms, Offering A Versatile Area That Can Be Used As A Relaxation Spot, An Office, Or A Plant Sanctuary. The Kitchen Features A Cozy Breakfast Area, Ideal For Casual Meals And Morning Coffee. The Suite Includes A Spacious Master Bedroom With Updated Insulated Soundproofing Between The Bedroom Walls, Ensuring Peace And Privacy. Residents Of Queen's Park Place Enjoy An Array Of Amenities Enhancing Their Lifestyle. The Building Boasts A Swimming Pool, A Well-Equipped Gym, A Squash Court, And A Table Tennis Room, Ensuring That There Is Something For Everyone. Unwind In The Sundeck Area Or Explore The Amazing Rooftop Terrace, Offering Breathtaking Views Of Downtown Toronto And Stunning Sunsets. Picture Yourself Hosting Get-Togethers Against The Skyline Backdrop, Creating Unforgettable Memories With Friends. The Building Is Mostly Owner-Occupied, Ensuring A Sense Of Community And Security Among Residents. Visitor Parking Is Available, Providing Convenient Access For Your Guests, Adding Another Layer Of Comfort To This Exceptional Community. Queen's Park Place Is Not Just A Home; It Is A Lifestyle Choice, Combining Elegance, Convenience, And A Welcoming Atmosphere In One Of Toronto's Most Desirable Locations. With Its Boutique Setting, Impressive Amenities, And Thoughtfully Designed Suite, This Opportunity Is One Not To Be Missed.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date4/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$4,924.18

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Public Transit, Rec./Commun.Centre, School, Park

Interior Features

Carpet Free, Separate Heating Controls

Security Features

Community Features

Location

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62 Wellesley Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 62 Wellesley Street W 803, Toronto C01, ON M5S 2X3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$205,000 (20.0%)
* Minimum Canadian down payment required for this price is $205,000.
Amortization Period25 Years
Estimated Monthly Payment$4,887Based on a loan of $820,000 over 25 years.
Purchase Price$1,025,000
Loan Amount$820,000
Provincial Land Transfer Tax:$16,975
Toronto Municipal Land Transfer Tax:$16,975
Total Estimated Closing Taxes:$33,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,025,000 in Toronto, the legal minimum down payment is $205,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,975 also applies, bringing the total estimated land transfer taxes to $33,950.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$827,131

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.