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240 Wellesley Street Residences is rated highly overall, with strong marks for price, amenities, location, and quality, suggesting solid value and a convenient living experience. It stands out for included utilities, high-speed internet, a quiet setting, nearby public transit, walkability, environmental features like thermostats, and outdoor spaces, along with 18 photos that give renters a helpful visual preview.
Things you’ll love
BalconyCentral heatImages AvailableGreat for
Pet owners
Work-from-home
Eco living| Bachelor | Studio | 1 bath | 396 sqft | $1,450 /mo | 1 unit available | ||
| Junior 1 Bedroom | 1 bed | 1 bath | $1,550 /mo | 1 unit available | |||
| 1 Bedroom | 1 bed | 1 bath | 638 sqft | $1,650 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | $2,100 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Balcony | Central Heat |
| Hardwood Floor | Heat |
| View |
Appliances
| Fridge | Individual Thermostats |
| Stove |
Tech
| Internet Ready |
Building
| Bicycle Room | Cats OK |
| Dogs OK | Onsite Laundry |
| Video Surveillance |
Grounds
| Garage Parking | Outdoor Space |
| Shared Yard |
Services
| On-Site Management | Security Onsite |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
One-time.
One-time.
Contact for more information on pet policy.
Garage Lot
Monthly. 2 garage lots max.
Questions about this property’s policies and fees?
| Year built | 1960 |
|---|---|
| Lease terms | 12 months |
Our large and bright apartments boast new kitchens with granite countertops, renovated bathrooms, balconies, refinished parquet flooring, ample closet space and large windows to show-off the breathtaking views of the entire city. From our spacious bachelor apartments to our large 2 bedroom units, we have the perfect apartment for every type of applicant.
How 240 Wellesley Street Residences compares to other nearby properties.
Positives
Considerations
Studio apartments at 240 Wellesley Street Residences cost about 6% less than the average rent price for studios in Saint James Town.
1-bedroom apartments here are priced 6% lower than 1-bedrooms in Saint James Town.
If you decide to upgrade your space, you can expect 2-bedrooms at 240 Wellesley Street Residences to be 16% less than the average for similarly sized apartments in Saint James Town.
| Month | Median Rent |
|---|---|
| October 2024 | $1,897 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| August 2026 | $1,732 |
| September 2026 | $1,748 |
| October 2026 | $1,747 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,725 |
| November 2024 | $1,710 |
| December 2024 | $1,675 |
| January 2025 | $1,672 |
| February 2025 | $1,672 |
| March 2025 | $1,672 |
| April 2025 | $1,675 |
| May 2025 | $1,647 |
| June 2025 | $1,646 |
| July 2025 | $1,614 |
| August 2025 | $1,599 |
| September 2025 | $1,634 |
| October 2025 | $1,753 |
| November 2025 | $1,598 |
| December 2025 | $1,621 |
| January 2026 | $1,650 |
| February 2026 | $1,650 |
| March 2026 | $1,650 |
| April 2026 | $1,615 |
| May 2026 | $1,589 |
| June 2026 | $1,590 |
| July 2026 | $1,590 |
| August 2026 | $1,591 |
| September 2026 | $1,560 |
| October 2026 | $1,550 |
Can I afford to live at 240 Wellesley St E?
Bedrooms
Rent-to-income ratio
30%
$58,000/yr
South Annex • 748 Bathurst St
Studio–2 Beds
$2,030–$4,285
Clanton Park • 799 Sheppard Ave W
1–4 Beds
$2,300–$6,120
Briar Hill - Belgravia • 9 Croham Rd
Studio–3 Beds
$2,099–$3,699
Lawrence Heights • 31 York Garden Way Th 5
Studio–3 Beds
$2,280–$6,990
Briar Hill - Belgravia • 7 Fairbank Ave
1 Bed
$2,050–$2,150
Davisville Village • 235 Balliol St
1–3 Beds
$2,295–$4,150
South Annex • 748 Bathurst St
Studio–2 Beds
$2,030–$4,285
Clanton Park • 799 Sheppard Ave W
1–4 Beds
$2,300–$6,120
Briar Hill - Belgravia • 9 Croham Rd
Studio–3 Beds
$2,099–$3,699
Lawrence Heights • 31 York Garden Way Th 5
Studio–3 Beds
$2,280–$6,990
Briar Hill - Belgravia • 7 Fairbank Ave
1 Bed
$2,050–$2,150
Davisville Village • 235 Balliol St
1–3 Beds
$2,295–$4,150
