$2,150/mo - 81 Wellesley Street Unit 1907, Cabbagetown
Condo for Rent in Cabbagetown
32 days on market- MLS Number
- C13133690
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome to Eighty One Wellesley - An Exquisite Contemporary Condo In The Heart Of Downtown Toronto's Vibrant Church-Wellesley Village! This bright and spacious 1-bedroom suite offers 556 sq ft of thoughtfully designed living space plus a full-size balcony with unobstructed city views - a rare find in one of the city's most walkable and sought-after neighbourhoods. | SUITE FEATURES: 9 ft smooth ceilings throughout | Floor-to-ceiling windows flooding the space with natural light | Laminate flooring throughout | Open concept living and dining layout | Generous bedroom with mirror closet and ample natural lighting | Luxuriously fully tiled bathroom with wall-mount toilet | In-suite front load washer and dryer | Full-size balcony with BBQ gas line and stunning northern city views. | GOURMET KITCHEN: High-end integrated Miele and Gaggenau appliances | RARE gas cooktop - perfect for the serious home chef | Quartz countertops and backsplash | Sleek cabinetry with contrasting colour palette for a modern, elevated aesthetic. | BUILDING AMENITIES: 24-hour concierge and security | Fully equipped gym | Party and meeting room | Recreation room | Rooftop terrace with open-air BBQ | And much more! | UNBEATABLE LOCATION: Walk Score of 98 - steps to Wellesley Subway Station and Yonge Street | Minutes to University of Toronto, Toronto Metropolitan University, and major hospitals | Close to Eaton Centre, top restaurants, cafes, grocery stores, shopping, and green spaces | Situated in the dynamic and lively Church-Wellesley Village, one of downtown Toronto's most vibrant and desirable communities. | This is your incredible opportunity to own a luxurious slice of the 416 and experience the dynamic downtown Toronto lifestyle. Don't miss it!
Discover Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Regent Park / Cabbagetown / St. James Town
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
81 Wellesley Street Unit 1907, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $2,150/mo, this is in line with typical 1-bedroom rents in Cabbagetown (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.