11 Wellesley on the Park — Rental Market Data

11 Wellesley on the Park lists 9 active residential units as of August 31, 2026, with asking rents ranging from $1,600 to $3,700 per month, an average of $2,733 per month, and a median of $2,700 per month. Available suites average 567 square feet with an average asking rate of $5.02 per square foot. The 1-Bedroom + Den tier represents the dominant layout share at 33.3 percent, directing active inventory toward compact multi-space configurations rather than sprawling family-sized floor plans.

1-Bedroom + Den suites form the dominant active layout at 11 Wellesley on the Park, accounting for 3 active listings and a 33.3 percent share of available inventory at an average rent of $2,867 per month across an average of 550 square feet. Standard 1-Bedroom units and Studios each represent 22.2 percent of active inventory, with 1-Bedroom listings averaging $2,025 per month across 575 square feet and Studios averaging $2,275 per month across 400 square feet. Larger 2-Bedroom and 2-Bedroom + Den configurations each hold an 11.1 percent share through single available listings, both commanding $3,700 per month across 750 square feet.

11 Wellesley on the Park exhibits a minimum entry rent of $1,600 per month and a peak asking rent of $3,700 per month, generating a dollar spread of $2,100 per month or a 131.3 percent variance. The median asking rent rests at $2,700 per month across the active portfolio. Entry-level availability is anchored by a 1-Bedroom suite spanning 750 square feet at an asking rate of $2.13 per square foot, while peak pricing is claimed by a 2-Bedroom + Den layout spanning 750 square feet at an asking rate of $4.93 per square foot.

11 Wellesley on the Park features an active den premium of $842 per month associated with a square footage delta of negative 25 square feet. Marginal costs per square foot for the extra den space cannot be reliably isolated due to the inverse size relationship. Active parking premium data is inconclusive due to an insufficient paired sample, preventing the reliable isolation of stall fees from current listings.

11 Wellesley on the Park commands an average asking rent of $2,733 per month at $5.02 per square foot, comparing to the Downtown Core submarket asking benchmark of $3,471 per month at $4.56 per square foot. The lower nominal monthly outlay at the building is driven by compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot trades 10.1 percent above the submarket asking benchmark while representing 4.0 percent of total submarket active inventory.

11 Wellesley on the Park achieves an average lease rent of $2,830 per month, trading comparatively against an overall competitor benchmark average of $2,774 per month across nearby properties including Century Plaza, 8 Wellesley East, and Residences at 555 Yonge. Individual historical leasing metrics highlight the competitive spread across these peers: Century Plaza (24 Wellesley St W) averages $2,930 per month at $3.70 per square foot across 804 square feet; 8 Wellesley St E averages $3,004 per month at $4.77 per square foot across 654 square feet; and Residences at 555 Yonge (555 Yonge St) averages $2,387 per month at $3.93 per square foot across 623 square feet. Meanwhile, the newly delivered 8 Wellesley (8 Wellesley St W) maintains zero active 180-day lease transactions in the recorded dataset.

11 Wellesley on the Park establishes its value proposition through a modern, highly efficient design that commands $5.01 per square foot across an average footprint of 573 square feet, positioning it above the broader micro-market benchmark of $4.13 per square foot. Renters evaluating the subject building against older regional alternatives make a deliberate lifestyle trade-off: accepting more compact interior square footage in exchange for modern mechanical systems, contemporary interior specifications, and lower utility burdens. While 1990s alternatives like Century Plaza provide larger average layouts of 804 square feet at a lower rate of $3.70 per square foot, and Residences at 555 Yonge offers 623 square feet at $3.93 per square foot, 11 Wellesley on the Park delivers superior build quality and contemporary layout functionality that justifies its premium per square foot.

11 Wellesley on the Park delivers an extensive, resort-style amenity package that outpaces many surrounding historical alternatives, catering directly to urban professionals and lifestyle-focused renters. The subject building distinguishes its resident experience through five signature amenities: an indoor pool, a hot tub and jacuzzi, a dedicated yoga studio, a pet wash station, and a relaxing room. When contrasted against nearby competitors, 11 Wellesley offers comprehensive wellness and pet-friendly infrastructure that exceeds the offerings found in 1990s-era buildings like Century Plaza and Residences at 555 Yonge, while matching the modern lifestyle programming found in newer developments like 8 Wellesley.