Searching for lofts for rent in Toronto? Whether you’re a creative professional, student, or city dweller who loves contemporary design, Toronto’s rental lofts offer an exciting blend of space, character, and convenience. With exposed brick, high ceilings, and open layouts, these homes combine historic charm with modern finishes in prime locations across the city.

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504 10 Wellesley Place
North St. James Town Toronto M4Y 1B1

$4,500
Residential Condo & Other beds: 2 baths: 2.0

Main Photo: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 1: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 2: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 3: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 4: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 5: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 6: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 7: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 8: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 9: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 10: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 11: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 12: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 13: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 14: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 15: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 16: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 17: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 18: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 19: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 20: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 21: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 22: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 23: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 24: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 25: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 26: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 27: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 28: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 29: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Photo 30: 504 10 Wellesley Place in Toronto: North St. James Town Condo Apartment for lease (Toronto C08)  : MLS®# C12329697
Status:
For Lease
Prop. Type:
Residential Condo & Other
MLS® Num:
C12329697
Bedrooms:
2
Bathrooms:
2
Step into this one-of-a-kind penthouse loft offering approximately 1,100 sq ft of stylish, open-concept living. With soaring 20-foot ceilings in the foyer, two spacious bedrooms, and charming architectural details like exposed ductwork and 9-foot ceilings throughout, this loft is full of character and light. Enjoy seamless flow between the kitchen, dining, and living spaces perfect for everyday comfort or hosting friends and family. The expansive south-facing terrace features a gas BBQ line, ideal for entertaining or relaxing under the sky. Finished with beautiful hardwood floors throughout and located steps from the TTC, this rare gem offers urban convenience with authentic loft charm.
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Payment Frequency:
Monthly
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Loft
Total Approx Floor Area:
1000-1199
Exposure:
South
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
5
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
Surface
Garage Spaces:
1.0
Parking Features:
Private
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker Level:
A
Locker Unit:
15
Locker:
Owned
Family Room:
No
Payment Method:
Direct Withdrawal
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- / -
Toronto C08
North St. James Town
Toronto
Clear View, Park, Place Of Worship, Public Transit, Terraced
Carpet Free, Built-In Oven, Countertop Range
Restricted
One parking spot #32, One Locker #15, All Appliances, All electrical light fixtures, All window coverings, Bathroom Shelving and Cabinet, Circular Mirror in Dining Room, Wall Mounted Decorative Light Fixture, 2 Bedside Stands, BBQ, Table on Terrace
Tenant is responsible for Hydro, Gas/Heat/A/C, Cable TV and Internet
Brick
BBQs Allowed, Bike Storage, Rooftop Deck/Garden, Visitor Parking
No
No
Skyline
No
Floor
Type
Size
Other
Main
Primary Bedroom
Measurements not available
Hardwood Floor, Large Window
Main
Bedroom 2
Measurements not available
Hardwood Floor, Large Window
Second
Dining Room
Measurements not available
Hardwood Floor, W/O To Terrace
Second
Living Room
Measurements not available
Hardwood Floor, Combined w/Dining, Skylight
Second
Kitchen
Measurements not available
Hardwood Floor, Stainless Steel Appl, Breakfast Area
Second
Den
Measurements not available
Hardwood Floor, Overlooks Living
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Furnished:
Unfurnished
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Access:
In-Suite Laundry
Laundry Level:
Main Level
Condo Corporation Number:
1967
Property Management Company:
Y.L. Hendler Ltd.
Building Name:
Steam Plant Lofts
Date Listed:
Aug 07, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated August 16, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$647,450
Min list price:
$399,000
Max list price:
$1,500,000
Avg days on market:
43
Min days on market:
1
Max days on market:
238
These statistics are generated based on the current listing's property type and located in North St. James Town. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Explore the Best Lofts for Rent in Toronto

Toronto is home to an array of hard and soft lofts that suit different tastes and lifestyles. Many are located in converted industrial buildings or boutique residences, and offer:

  • Exposed brick, beam, and ductwork for urban character
  • Soaring ceilings and large windows for natural light
  • Flexible open-concept layouts perfect for living and working
  • Pet-friendly options and modern amenities like gyms or rooftop terraces

Why Choose a Loft in Toronto?

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  • Unique architecture and interior design
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  • Ideal for work-from-home setups or creative studios
  • Close to TTC transit, downtown core, and tech hubs

Resources for Loft Renters

Navigating Toronto’s loft rental market is a breeze with our dedicated resources. Gain insights into the latest trends, receive tips on securing your ideal loft, and access personalized support from our expert team. We’re here to help you at every step of your rental journey.

Experience Urban Living at Its Finest

Renting a loft in Toronto opens the door to a vibrant lifestyle, surrounded by the city’s best arts, entertainment, and dining. Embrace the convenience and excitement of living in a space that reflects your personal style and connects you with the energy of Canada’s largest metropolis.

Find Your Ideal Loft Today

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FAQs – Lofts for Rent Toronto

1. What is the average rent for a loft in Toronto?
Loft rentals typically range from $2,500 to $4,000+ per month, depending on size, location, and amenities.

2. Are lofts available in downtown Toronto?
Yes, many lofts are located in downtown areas like King West, Queen West, and the Distillery District.

3. What’s the difference between a hard and soft loft?
Hard lofts are converted industrial spaces with authentic features, while soft lofts are new builds with loft-style design.

4. Are pets allowed in Toronto lofts?
Many loft buildings are pet-friendly, but it varies by unit and landlord—check listings for specific policies.

5. Can I lease a furnished loft in Toronto?
Yes, some Toronto lofts are available furnished, ideal for short-term stays or relocations.