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1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802

Looking for condos for sale in Toronto under 400K? These entry-level listings offer great value in one of Canada’s most in-demand real estate markets. Whether you’re buying your first home or adding to your portfolio, these condos are a smart place to start.

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1312 11 Wellesley Street W
Bay Street Corridor Toronto M4Y 1E8

$385,000
Residential Condo & Other beds: +1 baths: 1.0

Main Photo: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 1: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 2: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 3: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 4: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 5: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Photo 6: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12606802
Bedrooms:
+1
Bathrooms:
1
Welcome to Wellesley on the Park A Downtown Toronto Gem!Experience urban living at its finest in this stylish bachelor suite, ideally located in the heart of downtown Toronto. This thoughtfully designed unit offers a functional open-concept layout, featuring:Modern kitchen with built-in appliancesLaminate and ceramic flooring throughoutFloor-to-ceiling windows that flood the space with natural lightA spacious balcony showcasing stunning city viewsJust steps from Wellesley Subway Station, University of Toronto, Toronto Metropolitan University, Yorkville, Eaton Centre, and countless shops, cafes, restaurants, and entertainment venues. Perfectly situated near the Financial District, Dundas Square, and more.Enjoy world-class building amenities, including:Indoor pool & saunaFully equipped gym & yoga studioParty roomCourtyard garden & BBQ areaPet spa1.5-acre park at the base of the towerNearby highlights: Toronto General Hospital, Wellesley Community Centre, Riverdale Farm, Royal Ontario Museum, Chelsea Hotel, Phoenix Concert Theatre, and Cineplex Cinemas.An excellent opportunity for students, professionals, and investors alike!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Apartment
Approx. Age:
New
Total Approx Floor Area:
0-499
Exposure:
East
Bedrooms:
0+1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
1
Rooms Above Grade:
4
Rooms:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
13
New Construction:
Yes
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
Yes
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$259.51
Maintenance fees include:
CAC Included, Common Elements Included, Heat Included, Building Insurance Included
Taxes:
$1,652.31 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Arts Centre, Hospital, Island, Park, Public Transit, School
None
No
Fridge, Stove Cooktop, Wall Oven, Dishwasher, Built In Microwave,Washer & Dryer, Window Coverings, Light Fixtures.
Concrete
Concierge, Gym, Indoor Pool, Party Room/Meeting Room, Sauna, Visitor Parking
Yes
No
None
Floor
Type
Size
Other
Main
Dining Room
12'6" × 11'7"
Laminate, Combined w/Kitchen, East View
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
In-Suite Laundry
Laundry Level:
Main Level
Condo Corporation Number:
2845
Property Management Company:
Duka Property management
Date Listed:
Dec 06, 2025
Original Price:
Previous Price:
  • Photo 1: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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  • Photo 2: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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  • Photo 3: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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  • Photo 4: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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  • Photo 5: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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  • Photo 6: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802
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Listed by NEW VISION CAPITAL REALTY INC.
Data was last updated December 6, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
194
Avg list price:
$769,500
Min list price:
$368,000
Max list price:
$6,998,000
Avg days on market:
60
Min days on market:
0
Max days on market:
655
These statistics are generated based on the current listing's property type and located in Bay Street Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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Features of Condos for Sale in Toronto Under 400K

Affordable units in this price range typically offer:

• Studio or 1-bedroom layouts ideal for singles or couples
• Functional kitchens, open living space, and in-building laundry
• Access to TTC, grocery stores, and local amenities
• Older buildings with good structure and lower tax rates

Why Choose Toronto Condos Priced Under $400,000

• Ideal for first-time buyers or downsizers on a budget
• Lower monthly payments with CMHC-backed mortgage eligibility
• Opportunities to renovate or rent out for passive income
• Reduced land transfer tax and closing costs

Where to Find Condos for Sale in Toronto Under 400K

Great value can be found in neighbourhoods such as Weston, Scarborough, East York, and parts of North York. Many buildings here offer established communities and access to transit.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Condos for Sale in Toronto Under 400K

1. Are there move-in-ready condos under 400K in Toronto?
Yes. While some need updates, others are renovated and ready for immediate occupancy.

2. Can I get a mortgage with just 5% down on these properties?
Yes. As long as the unit price is under $500K and you qualify, you can buy with 5% down.

3. Do condos under 400K come with parking or storage?
Some do, but it’s not guaranteed. Be sure to check individual listings for included amenities.

4. Are Toronto condos under $400K a good investment?
Absolutely. They’re affordable entry points into a strong market, often located in up-and-coming areas.