81 Wellesley St E #407 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $424,900. It has 500-599 sq ft of living space.
1BRIGHT JR BEDRM W/ BALCONY in Vibrant Church-Wellesley Village!
2Open balcony w/ gas BBQ Hookup.
3Contemporary Kitchen With High-end Panelled built-in Appliances, Quartz Countertop With Backsplash, Floor to Ceiling Windows And A Luxuriously Finished Bathroom W/ Fully Tiled Floor.
BRIGHT JR BEDRM W/ BALCONY in Vibrant Church-Wellesley Village! Open balcony w/ gas BBQ Hookup. Contemporary Kitchen With High-end Panelled built-in Appliances, Quartz Countertop With Backsplash, Floor to Ceiling Windows And A Luxuriously Finished Bathroom W/ Fully Tiled Floor. Minutes Walk To U of T, TMU (Ryerson), TTC Wellesley, And Diverse Choices of Restaurants, Shops, Hospital, Eaton Centre and Much More. Approx. 570 Sq.Ft. Interior + 68 Sq.Ft. Balcony.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $850 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 81 Wellesley St E #407
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
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
81 Wellesley St E #407 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
$2,087
/mo
based on the purchase price of $424,900
$84,980 cash
$339,920 financed
$286,302 total interest
Principal54%$339,920
Interest46%$286,302
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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Similar homes for sale nearby in Toronto
Other 1-bed homes for sale in Toronto around $425K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,423Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
5 for sale · 2 for rent at 81 Wellesley St E — plus its sale and lease history.
81 Wellesley St E #407 is listed at $424,900 (MLS® C13752184). Summitly updates the price as soon as the MLS® record changes.
Is $424,900 a good price for 81 Wellesley St E #407?
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 81 Wellesley St E #407 changed?
Yes — it was first listed at $439,900 and is now $424,900, a drop of $15,000 (3.4%).
How many bedrooms and bathrooms does 81 Wellesley St E #407 have?
81 Wellesley St E #407 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 81 Wellesley St E #407 close to transit?
The nearest rapid-transit station is Wellesley Station (Line 1), about 290 m (about a 4-minute walk) in a straight line. College Station is about 590 m (about a 7-minute walk), and Bloor-Yonge Station is about 720 m (about a 9-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 81 Wellesley St E #407?
About $2,087 a month — principal and interest on $424,900 with 20% down ($84,980), 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 81 Wellesley St E #407 compare with other homes in Toronto?
Its asking price of $424,900 is about 50% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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 81 Wellesley St E #407 been sold before?
Summitly has no earlier MLS® sale or lease of 81 Wellesley St E #407 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 81 Wellesley St E #407?
81 Wellesley St E #407 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 81 Wellesley St E #407 been on the market?
47 days — 81 Wellesley St E #407 was listed on September 8, 2026.
What is the price per square foot of 81 Wellesley St E #407?
About $709 to $850 per square foot: the asking price of $424,900 over the 500–599 sq ft the listing gives as its size range.
Does 81 Wellesley St E #407 have a basement, and is it finished?
The listing says 81 Wellesley St E #407 has no basement.
