MLS® listing
253 Wellesley Street E C: condo apartment for sale
$749,900
From the listing brokerage
Character and charm! Welcome to "The Mansion" at 253 Wellesley St E. A converted Victorian Mansion in the heart of Cabbagetown. This is your exclusive chance to call home to 1 of only 5 units in the Building. *First unit available for sale in thelast 7 years!* Unit C is a 2-storey, 2 bedroom, 2 bathroom unit and located on the upper 2 Floors of the building and features approx. 1070 square feet of functional living space. The main floor features soaring 10 foot ceilings with large windows, hardwood flooring, a large open concept living and dining room, updated kitchen and convenient powder room. The upper levelhas 2 bedrooms featuring all new white oak hardwood flooring, *brand new 3-piece washroom with marble flooring, shower with custom glass door and vanity- simply stunning! Take the virtual tour. This condo is truly unique, perfect for professional/couple, young family, down-sizers, first-time buyers + more. Ton of upgrades throughout featuring custom built-in closets throughout the unit, new and highly efficient heat pump system with forced air heating and cooling. All new windows,freshly painted + more. *Unit C also includes 1 underground parking and large locker/storage room.* Friendly residents and meticulous landscape. This condominium is very well managed and maintained, includes the Mansion and 6 townhouses at th erear of property sharing a eloquent and picturesque outdoor garden area. Located in the desirable community of Cabbagetown -home to unique blend of historic charm, victorian architecture, a tight-knit community atmosphere, and excellent proximity to downtown Toronto amenities and green spaces. Vibrant local amenities along Parliment St and others offering a variety of local businesses, grocery stores, butcher shops, cafes, diverse restaurants and eateries, and unique boutiques. Easy access to Transit, close to the Financial and Entertainment District and conveniently close to Recreation areas - Riverdale Park and Farm and much more.
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Style | 2-Storey |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $958 |
| Property tax | $3,092 |
| Tax year | 2025 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Common Elements Included, Building Insurance Included, Water Included, Parking Included |
| Balcony | None |
| Laundry | Coin Operated, Common Area, In Basement |
| Parking | Underground |
| Interior features | None, Central Vacuum, Carpet Free, Separate Hydro Meter |
| Floor | 2 |
Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS® C13767712.
About this condo apartment
253 Wellesley Street E C is a 2 bedroom condo apartment in TRREB's Cabbagetown-South St. James Town community in Toronto, listed for sale at $749,900. The listing shows 2 bathrooms and 1000-1199 square feet. The style is given as 2-storey. The unit faces north. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Wellesley St & Parliament St.
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 253 Wellesley Street E C
At the asking price of $749,900, 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 | $749,900 |
|---|---|
| Ontario land transfer tax | $11,473 |
| Toronto municipal land transfer tax | $11,473 |
| Both taxes | $22,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $49,990 |
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 | $958 a month |
|---|---|
| Property tax (2025) | $3,092 a year, about $258 a month |
| Fee and tax together | about $1,216 a month |
The listing says the maintenance fee includes common elements, building insurance, water 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 $749,900, which is $199,900 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 and a locker. 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. The listing has a virtual tour, but 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
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Questions about 253 Wellesley Street E C
How much is land transfer tax on 253 Wellesley Street E C?
At the asking price of $749,900 the Ontario tax is $11,473 and the Toronto tax is $11,473, $22,946 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 253 Wellesley Street E C?
$49,990 at the asking price of $749,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 253 Wellesley Street E C?
The listing shows $958 a month, including common elements, building insurance, water and parking. Check the current fee in the status certificate.
How much is the property tax on 253 Wellesley Street E C?
The listing shows $3,092 a year for 2025, about $258 a month.
Is 253 Wellesley Street E C priced above or below the median?
It is listed at $749,900. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $199,900 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 253 Wellesley Street E C?
Use the form on this page or call us. Quote MLS® C13767712. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 253 Wellesley Street E C 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.
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