High-Rise Condo

8 Wellesley Residences

by Bazis International

8 Wellesley St W, Toronto, ON M4Y 0J5

Year Built

2025

Total Units

600

Avg $/sqft

$1,050

Storeys

Overview

8 Wellesley Residences is hard to miss with its 55-storey frame at 8 Wellesley St W. The property was completed in 2025 by Bazis International, adding 600 Toronto condos for sale to the Bay Street Corridor neighbourhood; though there are far fewer listed now than when initially completed. Suites in this building range in size from 323 square feet to 1299 square feet.

Maintenance fees are $0.84 per-square-foot, which is lower than the neighbourhood average of $0.95 per-square-foot.

Developer

Bazis International

Year Built

2025

Property Type

High-Rise Condo

Storeys

Total Units

600

Management

General Property Management

Amenities

Underground Parking

Guest Suites

Fitness Centre

Visitor Parking

Party Room

24/7 Concierge

Price History

359 records

Loading history…

Market Stats

$1,050

Avg $/sqft

Steady

YoY change

Avg days on market

Location & Walkability

Walk Score

—/100

Daily errands on foot

Transit Score

—/100

TTC, GO, subway access

Bike Score

—/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Bay Street Corridor

urban walkable convenient

Bay Street Corridor is a vibrant neighbourhood in Toronto. It offers a mix of urban living with easy access to amenities.

Median sale price is $468,000 Only one condo for sale No rental listings available

Bay Street Corridor, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

For rent

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to city median
Great location for walking
Access to good schools

Keep in mind

Limited housing options for rent
Prices are lower than city median but still significant

The feel of the placeLifestyle

Daily life here is active and convenient, with many services nearby. Residents enjoy a lively city atmosphere.

Great for first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

1.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

180

Restaurants

131

Cafés

Gyms

Libraries

Pharmacies

Counted across all 1.8 km² of Bay Street Corridor. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 1 rated school in this area

Elementary

Secondary

St Joseph's College School
Catholic · Grades 9–12 · Toronto CDSB
7.2/107.6 over 5 yrs
178th of 742 Ontario secondary schools
545 students · EQAO 2024-2025
Hospital for Sick Children - Eating
Public · Grades 9–12 · Toronto DSB
Not rated
Hospital for Sick Children - Medical EL
Public · Grades JK–8 · Toronto DSB
Not rated
Hospital for Sick Children-Substance Abu
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Medical - SEC
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Seizure Disorder
Public · Grades K–8 · Toronto DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bay Street Corridor, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

30,479

Population (2021)

1.8 km²

Area

16,677

People per km²

Median age

$64,561

Median income

31%

Own their home

1.6

People per household

18,040

Households

Every age

Children (under 15)5.8%
Working age (15–64)84.2%
Seniors (65+)10.0%

What is built here

Low-rise apartments1.1%
High-rise apartments98.6%

Own or rent

31%Owners

69%Renters

Across 18,040 households

When it was built

Mostly 2016–2021

1960 or earlier3%
1961–198010%
1981–199014%
1991–200011%
2001–20056%
2006–201013%
2011–201519%
2016–202124%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.1%
Born outside Canada: 69.4%
Hold a degree or higher: 59.2%
Employment rate: 22.5%
Commute by transit: 22.3%
Commute by car: 1.4
Children per family: $56,864
Median income after tax: $97,834
Average household income: 27%
Living on a low income: $2,032/mo
Renters pay, per month: $1,910/mo
Owners pay, per month: $836,655
Median home value at census: 58.8%
Renters spending 30%+ of income on housing: 47.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)