Comm Element Condo

For SaleComm Element Condo · Multi-LevelMLS® #C13246002 · TRREB MLS®

2704-50 Wellesley East St, Toronto, Ontario

Church-Yonge Corridor, Toronto, Ontario M4Y 1G2

Bedrooms: 2
Bathrooms: 2
Type: Comm Element Condo
Basement: Other

$658,000

Estimated market value

About 2704-50 Wellesley East St

2704-50 Wellesley East St is a 2-bedroom, 2-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $658,000 (MLS® C13246002).

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!

Insights

Condition Score
Good
1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall
−$1,012/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 2 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax: $4,724 / 2025
MLS® number: C13246002
Board: TRREB MLS®
Property Type: Comm Element Condo
Days on market
Size: 700-799 sqft
Listed on
Parking: None, 0 Parking

Listing brokerage: MASTER`S TRUST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 2704-50 Wellesley East St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date Start	Date End	List Price	Price	Event	Listing ID
Date StartN/A	N/A	$658,000	N/A	Pc	C13246002

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.

$658,000

Estimated market value

Inquire about this listing

ToDomin KurianRevel Realty Inc.

Listed by MASTER`S TRUST REALTY INC., Brokerage. Domin is not the listing agent.

Property details

Property

Property Type: Comm Element Condo
Style: Multi-Level
Community: Church-Yonge Corridor
Municipality: Toronto

Building

Size: 700-799 sqft
Construction: Concrete Block

Inside

Bedrooms: 2
Bathrooms: 2
Bathroom Details: 2 × 4pc Flat, 4pc Flat
Basement Type: Other
Kitchens: 1

Parking

Garage Type: None
Additional Parking: 0
Total Parking: 0

Utilities

Cooling: Central Air
Heating Type: Forced Air

Additional

Fireplace: No
Den: Yes
Family room: Yes
Extras: Appliances including Stove, Fridge, Combo Microwave/Range Hood, Dishwasher, Washer/Dryer, and Elfs
Condo maint.: $491

Rooms

Room	Size	Features	Level
Kitchen	3.6 × 5.2 m	B/I Microwave, B/I Dishwasher, B/I Stove	Flat
Family	3.7 × 5.2 m	carpet free, Above Grade Window, Breakfast Bar	Flat
Br	3.0 × 3.6 m	4 Pc Ensuite, B/I Closet, carpet free	Flat
2nd Br	2.9 × 3.2 m	4 Pc Bath, Above Grade Window, carpet free	Flat
Bathroom	2.9 × 2.8 m	—	Flat
Bathroom	2.9 × 2.8 m	—	Flat

Map and tour

Open in maps

Condos for sale in Church-Yonge Corridor right now

For sale now: 7
Median asking price: $699K
New in 7 days: 2
Price cuts: 14%

This home is asking 6% below the median.

See all homes in Church-Yonge Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

64 WELLESLEY ST EPlan of subdivisionUnder Review
1 block

80 m away
66 WELLESLEY ST EPlan of subdivisionUnder Review
1 block

90 m away
66 WELLESLEY ST ESite planUnder Review
Proposal for the redevelopment of the subject site with a 36-storey purpose built rental mixed-use tower atop a 5-storey podium with 409 residential rental units and retail at grade.

90 m away
556 CHURCH STPlan of subdivisionUnder Review
1 block

110 m away
552 CHURCH STPlan of subdivisionUnder Review
1 block

110 m away
562 CHURCH STPlan of subdivisionUnder Review
1 block

110 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax: $9,635
Toronto municipal land transfer tax: $9,635
Total land transfer tax: $19,270
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475): −$8,475
Total for first-time buyers: $10,795

See how this is worked out

0.5% on the first $55,000: $275
1.0% from $55,000 to $250,000: $1,950
1.5% from $250,000 to $400,000: $2,250
2.0% from $400,000 to $658,000: $5,160
Ontario total: $9,635

Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,635.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

Not found on the Heritage Register
Not in a mapped Heritage Conservation District
Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Schools nearby

Elementary	Type	Distance	EQAO average 2024–25
Church Street Junior Public SchoolToronto DSB	Public · grades JK–6	350 m	72%Grade 6 average
Our Lady of Lourdes Catholic SchoolToronto CDSB	Catholic · grades JK–8	650 m	66%Grade 6 average
Winchester Junior and Senior Public SchoolToronto DSB	Public · grades JK–8 · French Immersion	950 m	77%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire Viamonde	French-language public · grades JK–6	1.3 km	96%Grade 6 average

Secondary	Type	Distance	Grade 9 math 2024–25
Native Learning CentreToronto DSB	Public · grades 9–12	350 m	—
Jarvis Collegiate InstituteToronto DSB	Public · grades 9–12	450 m	34%Grade 9 math
St Joseph's College SchoolToronto CDSB	Catholic · grades 9–12	500 m	66%Grade 9 math
Collège français secondaireConseil scolaire Viamonde	French-language public · grades 9–12	550 m	86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

Station	Lines	Distance
Wellesley Station	TTC subway: Line 1 Yonge-University	50 m
College Station	TTC subway: Line 1 Yonge-University	550 m
Bloor-Yonge Station	TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth	650 m
Union Station	TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train	2.2 km
Eglinton Station	TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton	4.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Zone

R (d2.5) (x27)

By-law

569-2013

Municipality

Toronto

Residential zone (R)

1 d2.5
Density: floor area is capped at 2.5 times the lot area.
2 x27
Site-specific exception 27: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(27)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

Asking price Fixed

Interest rate

Mortgage term

Amortization

Down payment20% · $131,600

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment: $131,600
Total mortgage amount: $526,400
Total interest payment: $374,200
Total purchase cost: $1,032,200
Mortgage payment: $3,002/mo

Cash Flow Analysis

If you rented this home out at 20% down

Mortgage paymentProperty tax (monthly)Rental incomeMaintenance cost

Break-even down payment

47%

Monthly carrying cost

$3,887

−$1,012per month

Rent $2,875
Shortfall $1,012

Rental income opens at $2,875, the median asking rent of 6 comparable homes for lease in Church-Yonge Corridor. Type over it with the rent you expect. This is a planning tool, not advice.

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