11 Wellesley St W #5311, Toronto

Name: 11 Wellesley Street W, Unit 5311
SKU: C14121054
Price: 499000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 5311 at 11 Wellesley Street West

This desirable one-bedroom + enclosed den (den can easily function as a bedroom for overnight guests!) at Wellesley on the Park in the heart of the Bay Street Corridor must be seen! Incredible 180-degree panoramic skyline and views of Lake Ontario that are simply breathtaking. With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door. Inside, an open-concept layout paired with floor-to-ceiling windows that allow natural light to pour into the suite. The suite is the perfect space for a first time home buyer, or investor looking for an outstanding space to call their own. The bedroom takes full advantage of those spectacular sky-high views, and the den (with its own door and window) offers exceptional flexibility as a second bedroom or home office. Ensuite laundry and one storage locker round out the suite for convenience and extra storage. Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting family and friends. Situated at Yonge and Wellesley in the heart of the Bay Street Corridor, residents enjoy outstanding connectivity. You are just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, top hospitals, and some of Toronto's best dining and shopping. A rare opportunity to settle into one of downtown Toronto's coveted addresses, where elevated city living meets a peaceful escape above the skyline. Do not let this one pass you by!

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $998 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 11 Wellesley St W #5311

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 500-599 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

11 Wellesley St W #5311 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 27, 2026For saleListedThis listingMLS® C14121054$499,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 11 Wellesley St W #5311 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 16,089 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,082,613
Average days on market: 31
Homes sold: 9,552

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,460Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.

Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 5311 — 11 Wellesley Street W 1 bd · 1 ba · 500 sqft	$499,000asking	$998	—	—
5 Kenneth Avenue 2 bd · 2 ba · 1,400 sqft
120 Dallimore Circle 2 bd · 2 ba · 700 sqft
2 Clairtrell Road 1 bd · 1 ba · 600 sqft
150 East Liberty Street 1 bd · 1 ba · 600 sqft
50 O'Neill Road 2 bd · 2 ba · 800 sqft
62 Forest Manor Road 1 bd · 1 ba · 600 sqft

5 Kenneth Avenue
2 bd · 2 ba · 1,400 sqft
120 Dallimore Circle
2 bd · 2 ba · 700 sqft
2 Clairtrell Road
1 bd · 1 ba · 600 sqft
150 East Liberty Street
1 bd · 1 ba · 600 sqft
50 O'Neill Road
2 bd · 2 ba · 800 sqft
62 Forest Manor Road
1 bd · 1 ba · 600 sqft

More in this building

5 for sale · 5 for rent at 11 Wellesley St W — plus its sale and lease history.

See all of 11 Wellesley St W

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Wellesley StationLine 1180 m2 min walk
College StationLine 1460 m6 min walk
Queen's Park StationLine 1650 m8 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Wellesley Station (Line 1)2 min walk
College Station (Line 1)6 min walk
Queen's Park Station (Line 1)8 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Wellesley Station
180 m2 minClosest· Line 1
Homes near Wellesley Station
College Station
460 m6 min· Line 1
Homes near College Station
Queen's Park Station
650 m8 min· Line 1
Homes near Queen's Park Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 11 Wellesley St W #5311. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 11 Wellesley St W #5311

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,451; 20% down · 25 years · 5.5% assumed
Property tax: $274; 0.66% mill rate · ON
Total per month: $2,725; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,451

/mo

based on the purchase price of $499,000

Down payment20%

$99,800 cash

Amortization25 yr

$399,200 financed

Rate5.50%

$336,231 total interest

Principal54%$399,200

Interest46%$336,231

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 11 Wellesley St W #5311 with a licensed buyer's agent

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Questions About 11 Wellesley St W #5311

How much is 11 Wellesley St W #5311 listed for?

11 Wellesley St W #5311 is listed at $499,000 (MLS® C14121054). Summitly updates the price as soon as the MLS® record changes.

Is $499,000 a good price for 11 Wellesley St W #5311?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 11 Wellesley St W #5311 changed?

No — 11 Wellesley St W #5311 is still listed at its original asking price of $499,000.

How many bedrooms and bathrooms does 11 Wellesley St W #5311 have?

11 Wellesley St W #5311 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.

Is 11 Wellesley St W #5311 close to transit?

The nearest rapid-transit station is Wellesley Station (Line 1), about 180 m (about a 2-minute walk) in a straight line. College Station is about 460 m (about a 6-minute walk), and Queen's Park Station is about 650 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 11 Wellesley St W #5311?

About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 11 Wellesley St W #5311 compare with other homes in Toronto?

Its asking price of $499,000 is about 41% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 11 Wellesley St W #5311 been sold before?

Summitly has no earlier MLS® sale or lease of 11 Wellesley St W #5311 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 11 Wellesley St W #5311?

11 Wellesley St W #5311 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 11 Wellesley St W #5311 been on the market?

11 Wellesley St W #5311 was listed today (October 27, 2026).

What is the price per square foot of 11 Wellesley St W #5311?

About $833 to $998 per square foot: the asking price of $499,000 over the 500–599 sq ft the listing gives as its size range.

Does 11 Wellesley St W #5311 have parking or a garage?

Garage: Yes.

What you should know