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Steam Plant Lofts at 10 Wellesley Pl, Toronto 0
Steam Plant Lofts at 10 Wellesley Pl, Toronto 1

Steam Plant Lofts

10 Wellesley Pl, Toronto

For Sale
1
For Rent
1
Average Psf
$763(past 365 days)
Size Range
410-1105 sqft
Age Of Building
11 years

Overview
Located on Wellesley Place just east of Jarvis Street, Steam Plant Lofts is a charming loft conversion building nestled on a quiet and secluded side street in Toronto’s growing St. Jamestown.
As the name suggests, the building was once a power plant with a 61 metre-high smokestack, built in 1953 to supply power for the Wellesley and Princess Margaret Hospitals. In 2008, the property was transformed into a modern residence with 31 Toronto lofts across just five-storeys. The smokestack was preserved during construction, and its curved structure gives the building a unique character with a variety of round bedrooms and dens and original exposed brick. The suites are offered in one and two-bedroom layouts, showcasing beautiful hard-loft features such as high-ceilings, floor-to-ceiling windows, refurbished sliding barn doors, hardwood floors, upgraded stainless steel appliances, and rooftop terraces.
In a fun neighbourhood that’s home to many artists, musicians, journalists and writers, Steam Plants Lofts offers a secluded, urban experience that is still very close to Toronto’s Financial District, Yonge-Dundas Square, and Toronto’s Eaton Centre.

Most Notable Features
Stand out conversion loft: Conversion lofts can be hard to find within the vast market of Toronto condos, and Steam Plant Lofts is one property that really stands out. With its redbrick podium, warehouse windows, and distinctive 61 metre-high smokestack, residents will enjoy pointing out this building to friends and saying, “There, that’s where I live.”
Rooftop BBQ terrace: With fewer amenities compared to other downtown Toronto condos, Steam Plant Lofts does offer residents the use of a rooftop patio with common BBQs. A great place to hang out with friends, enjoy the summer sunshine, and relax after work out under the stars.
Convenient TTC: A great perk for transit users at Steam Plant Lofts is the convenient access to the Wellesley Street 94 bus, heading east and west. It’s a safe and reliable travel option that can zip residents across to Yonge Street, the sbuway lines, and Toronto’s business core.

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Building Details 10 Wellesley Pl

Storeys:
5
Units:
31
Corp #:
TSCC-1967
Management Company:
BBQ Permitted
Guest Suites
Meeting Room
Parking Garage
Party Room
Pet Restriction
Rec Room
Rooftop Deck
Security System

Maintenance Fees at Steam Plant Lofts cover:

Common Element
Building Insurance
Water
10 Wellesley Pl, Unit 205
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$999,999
10 Wellesley Pl, Unit 205
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10 Wellesley Pl, Unit 502
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$999,999
10 Wellesley Pl, Unit 502
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396
th
Price Per Sqft Rank: 396th

Highest price per sqft out of 465 condos in Downtown

-
2.5
%
condo Values : -2.5%

Year over year change in values at 10 Wellesley Pl, Toronto

$
763
/sqft
Avg Price per Sqft : $763/sqft

Based on 2 recent sales at 10 Wellesley Pl, Toronto

$
3.39
/sqft
Avg Rent Price per Sqft : $3.39/sqft

Based on 3 recent rentals at 10 Wellesley Pl, Toronto

-
12.6
%
Area Comparison : -12.6%

Less expensive than St. James Town condos for sale

17
days
Avg days on Market : 17 days

At the Steam Plant Lofts

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About 10 Wellesley Pl, Toronto


With a charming loft at 10 Wellesley Place, you’ll be part of a fun and friendly neighbourhood with a ton of fantastic places to explore. For convenience, you’re right down the street from Rabba Fine Foods and Red Rocket Coffee. Some local hangouts worth visiting include The Keg Mansion on Jarvis, Crepe It Up on Chruch Street, and Smith on Church Street for a chic French-style restaurant. The area is also home to several art galleries, plus the St. James Town Library on Sherbourne Street.
Just a short stroll to the east, you will find St. James Cemetery, a beautiful outdoor area filled with trees and Gothic architecture, ideal for long walks with the dog and a breath of fresh air.
For a bit of evening entertainment, AMC Theatre at Yonge-Dundas Square is only a short TTC trip away, or if you prefer a more quant cinema experience and a picturesque walk, the Carlton Cinema is just a short walk away.

A lovely neighbourhood to walk from place to place, there is also easy TTC access with the Wellesley bus that can zip you across to the Yonge subway station. For drivers, the closest highway is the Don Valley Parkway via Danforth Ave.