Spectacular Unobstructed City View Corner 2-Bedroom 2-Bath Unit with Wrap Around Balcony. This bright, newly painted unit location is Steps to the Wellesley Subway, TTC, & Shopping. Don't Miss this Incredible Opportunity - Price to Sell!
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $823 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 50 Wellesley East St #2704
Every detail from the listing, in one place.
Type
Condo
Style
Multi-Level
Living space
800-899 sq ftas stated on the listing
Basement
Other, None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Other · None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Multi-Level
Property class
Common Element Condo
50 Wellesley East St #2704 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,233
/mo
based on the purchase price of $658,000
$131,600 cash
$526,400 financed
$443,367 total interest
Principal54%$526,400
Interest46%$443,367
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $658K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings12,374Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 50 Wellesley East St #2704
How much is 50 Wellesley East St #2704 listed for?
50 Wellesley East St #2704 is listed at $658,000 (MLS® C13246002). Summitly updates the price as soon as the MLS® record changes.
Is $658,000 a good price for 50 Wellesley East St #2704?
Summitly rates it Good Deal: the asking price is 3% to 10% below 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 50 Wellesley East St #2704 changed?
Yes — it was first listed at $758,000 and is now $658,000, a drop of $100,000 (13.2%).
How many bedrooms and bathrooms does 50 Wellesley East St #2704 have?
50 Wellesley East St #2704 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 50 Wellesley East St #2704?
About $3,233 a month — principal and interest on $658,000 with 20% down ($131,600), 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 50 Wellesley East St #2704 compare with other homes in Toronto?
Its asking price of $658,000 is about 22% below the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 50 Wellesley East St #2704 been sold before?
Summitly has no earlier MLS® sale or lease of 50 Wellesley East St #2704 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50 Wellesley East St #2704?
50 Wellesley East St #2704 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50 Wellesley East St #2704 been on the market?
153 days — 50 Wellesley East St #2704 was listed on June 4, 2026.
What is the price per square foot of 50 Wellesley East St #2704?
About $732 to $823 per square foot: the asking price of $658,000 over the 800–899 sq ft the listing gives as its size range.
Does 50 Wellesley East St #2704 have a basement, and is it finished?
The listing describes the basement as: Other, None.
What is the land transfer tax on 50 Wellesley East St #2704?
About $19,270 at the asking price of $658,000: $9,635 Ontario land transfer tax plus $9,635 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
