MLS® listing
8 Wellesley Street W 905: condo apartment for sale
$1,350,000
From the listing brokerage
Welcome to one of the most sought-after suites at 8 Wellesley Residences, ideally located just steps from University of Toronto. This well-designed 3-bedroom plus 1 den layout offers exceptional flexibility, with the den easily convertible into a fourth bedroom, making it ideal for families, professionals, or student rental setups. Situated on the 9th floor, the suite features approximately 1,171 square feet of interior space, complemented by a bright south-facing exposure that fills the home with natural light throughout the day. The unit includes one owned parking space, adding convenience and value in this prime downtown location. Residents enjoy access to a full range of premium amenities, including a state-of-the-art fitness centre, co-working spaces, elegant lounge areas, concierge service, and secure parcel management, all designed to support a modern urban lifestyle. As one of the newest buildings closest to the University of Toronto, this residence has quickly become a popular choice among students and young professionals, offering both lifestyle appeal and strong rental demand. A rare opportunity to own a versatile, sun-filled suite in one of Toronto's most dynamic and high-demand neighbourhoods.
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Approximate age | New |
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,005 |
| Property tax | $3,840 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | None |
| Laundry | In-Suite Laundry |
| Interior features | None |
| Floor | 8 |
Listing courtesy of FIRST CLASS REALTY INC.. MLS® C13073826.
About this condo apartment
8 Wellesley Street W 905 is a 4 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $1,350,000. The listing shows 2 bathrooms and 1000-1199 square feet. The style is given as apartment. The unit faces south. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Yonge/Wellesley. The age is listed as New years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 8 Wellesley Street W 905
At the asking price of $1,350,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,350,000 |
|---|---|
| Ontario land transfer tax | $23,475 |
| Toronto municipal land transfer tax | $23,475 |
| Both taxes | $46,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $110,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,005 a month |
|---|---|
| Property tax (2026) | $3,840 a year, about $320 a month |
| Fee and tax together | about $1,325 a month |
The listing says the maintenance fee includes cac, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,350,000, which is $800,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$1,199,90033 University Avenue 2506, Toronto, ON M5J 2S74 bedrooms · 2 bathrooms · Condo ApartmentListed by RE/MAX PLUS CITY TEAM INC.. MLS® C13809802
$679,90025 Bamburgh Circle 1133, Toronto, ON M1W 3W24 bedrooms · 2 bathrooms · Condo ApartmentListed by RE/MAX COMMUNITY REALTY INC.. MLS® E13853436
$798,00023 Lorraine Drive 1706, Toronto, ON M2N 6Z64 bedrooms · 2 bathrooms · Condo ApartmentListed by SUTTON GROUP-ASSOCIATES REALTY INC.. MLS® C13866318
$1,459,00010 Queens Quay W 2206, Toronto, ON M5J 2R94 bedrooms · 3 bathrooms · Condo ApartmentListed by RE/MAX ULTIMATE REALTY INC.. MLS® C13869640
$618,88875 Emmett Avenue 503, Toronto, ON M6M 5A74 bedrooms · 2 bathrooms · Condo ApartmentListed by INTERNATIONAL REALTY FIRM, INC.. MLS® W13716710
$399,90050 Lotherton Pathway 402, Toronto, ON M6B 2G84 bedrooms · 1 bathroom · Condo ApartmentListed by PROPERTY TRADING REALTY SERVICES CORP.. MLS® W13807522
Questions about 8 Wellesley Street W 905
How much is land transfer tax on 8 Wellesley Street W 905?
At the asking price of $1,350,000 the Ontario tax is $23,475 and the Toronto tax is $23,475, $46,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 8 Wellesley Street W 905?
$110,000 at the asking price of $1,350,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 8 Wellesley Street W 905?
The listing shows $1,005 a month, including cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 8 Wellesley Street W 905?
The listing shows $3,840 a year for 2026, about $320 a month.
Is 8 Wellesley Street W 905 priced above or below the median?
It is listed at $1,350,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $800,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 8 Wellesley Street W 905?
Use the form on this page or call us. Quote MLS® C13073826. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 8 Wellesley Street W 905 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.