$409,000Asking Price
18 Maitland Terrace 601, Toronto C08, ON M4Y 0G8 #601
Church and Wellesley, Toronto
Welcome To Teahouse Condos In The Heart Of Downtown Toronto. An exceptional best-value real estate opportunity in the downtown core. Rarely offered east-facing studio featuring an ultra-high 12 ft ceiling and an oversized terrace nearly equal to the interior living space, significantly enhancing usable square footage and rental appeal. Bright and sun-filled suite with floor-to-ceiling windows, laminate flooring throughout, and a highly efficient layout. Modern kitchen with built-in appliances and contemporary finishes. The combination of high ceilings, corner exposure, and expansive outdoor space makes this unit stand out among downtown studios. Highly desirable for students and working professionals. Prime location near Yonge & Wellesley, steps to Wellesley Subway Station, and within walking distance to University of Toronto, Toronto Metropolitan University, major hospitals, Financial District, and major employment hubs. Exceptional transit connectivity and consistently strong rental demand. This condo is offering excellent potential for rental income, long-term appreciation, and low vacancy in one of Toronto's most sought-after downtown neighbourhoods.
Welcome To Teahouse Condos In The Heart Of Downtown Toronto. An exceptional best-value real estate opportunity in the downtown core. Rarely offered east-facing studio featuring an ultra-high 12 ft ceiling and an oversized terrace nearly equal to the interior living space, significantly enhancing usable square footage and rental appeal. Bright and sun-filled suite with floor-to-ceiling windows, laminate flooring throughout, and a highly efficient layout. Modern kitchen with built-in appliances and contemporary finishes. The combination of high ceilings, corner exposure, and expansive outdoor space makes this unit stand out among downtown studios. Highly desirable for students and working professionals. Prime location near Yonge & Wellesley, steps to Wellesley Subway Station, and within walking distance to University of Toronto, Toronto Metropolitan University, major hospitals, Financial District, and major employment hubs. Exceptional transit connectivity and consistently strong rental demand. This condo is offering excellent potential for rental income, long-term appreciation, and low vacancy in one of Toronto's most sought-after downtown neighbourhoods.
See MoreKey Info
- Apartment Condo
- No Parking
- No Garage
- Yonge/Wellesley
- 0-499 Approximate Sq Feet
- 0-5 Years Approximate Age
- East Exposure
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $306 Monthly Condo Fees
- Includes: Water, Common Elements.
- Excludes: Heat, Hydro, Cable TV, Central A/C, Building Insurance, Parking
- Amenities: Concierge, Gym, Pool
- Taxes were $2,134 in 2025
- Possession: Vacant
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2972
- Condo Registry Office: tscc
- MLS #C12775946
- RE/MAX IMPERIAL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Church and Wellesley, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, education, law & public sector and arts & culture professionals and salespeople. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.
Families
Kids Per Family
0.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
64%
of residents are
single and loving it.
64% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
76%
of residents
are renters.
76% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
67%
of residents are
university grads.
67% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$89K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 15% |
| Government | 11% |
| Sciences | 9% |
| Management | 9% |
Immigrants
36%
of residents were
born outside of Canada.
36% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.5% from India
All-time
Birthplace - Recent
1.5% from India
Recent
Foreign Languages
Foreign Languages
| Mandarin | 4% |
| French | 4% |
| Spanish | 3% |
| Korean | 2% |
| Cantonese | 2% |
Religions
Religions
| Christian | 44% |
| Jewish | 4% |
| Muslim | 3% |
| Hindu | 3% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
4
Social housing buildings
in the neighbourhood.
Shelters
Shelters
4
Homeless shelters in
the neighbourhood.
