Wellesley Square Condos — Toronto Pre-Construction
Wellesley Square is a pre construction pre-construction condos development by Greatwise Developments in Toronto's Cabbagetown. Get pricing, floor plans, de…
Wellesley Square Quick Facts
| Project Name | Wellesley Square |
|---|---|
| Developer | Greatwise Developments |
| Address | 238, 240, 260 & 280 Wellesley Street East and 650 Parliament Street, Toronto, ON M4X 1G5 |
| City | Toronto |
| Neighbourhood | Cabbagetown |
| Region | Toronto |
| Building Type | Condo |
| Sales Status | Pre Construction |
| Storeys | 58 |
| Pricing | Register for pricing |
| Walk Score | 96 |
| Transit Score | 91 |
About Wellesley Square in Toronto
Wellesley Square is a pre-construction condominium development by Greatwise Developments at 238, 240, 260 & 280 Wellesley Street East and 650 Parliament Street, Toronto, ON M4X 1G5 in the Cabbagetown neighbourhood. The project is 58 storeys tall and contains 1,115 suites. Architecture is by Arcadis. The location has a Walk Score of 96 and a Transit Score of 91.
Wellesley Square is also marketed as Well Esley Square.
Key Highlights of Wellesley Square
Wellesley Square is a City-approved mixed-use redevelopment at 238-280 Wellesley Street East and 650 Parliament Street by Greatwise Developments, designed by Arcadis. City Council passed the zoning by-law in July 2026 (By-law 1132-2026). The plan adds buildings of 58, 21 and 9 storeys with 1,115 new homes, made up of 741 condominiums and 374 rentals, and retains 2,251 existing rental homes. It also includes a 1,894 m² parkland dedication. Launch and completion timing are not confirmed.
Wellesley Square Floor Plans & Price List
Floor plans, the current price list and deposit structure for Wellesley Square are released to registered buyers first. Request the Wellesley Square floor plans and pricing.
Location: 238, 240, 260 & 280 Wellesley Street East and 650 Parliament Street, Toronto, ON M4X 1G5
Wellesley Square is located at 238, 240, 260 & 280 Wellesley Street East and 650 Parliament Street, Toronto, ON M4X 1G5, Toronto in the Cabbagetown neighbourhood, Toronto.
- Walk Score: 96/100
- Transit Score: 91/100
Explore more pre-construction projects in Toronto or browse the Toronto region.
About the Developer: Greatwise Developments
Wellesley Square is being developed by Greatwise Developments, with architecture by Arcadis.
See all Greatwise Developments pre-construction projects.
How to Buy at Wellesley Square
- Register early. Allocation at Wellesley Square in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for Wellesley Square are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Wellesley Square
Budget beyond the purchase price at Wellesley Square: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Wellesley Square. Confirm each in the current agreement of purchase and sale before you sign.
Wellesley Square — Frequently Asked Questions
Where is Wellesley Square located?
Wellesley Square is located at 238, 240, 260 & 280 Wellesley Street East and 650 Parliament Street, Toronto, ON M4X 1G5, Toronto in the Cabbagetown neighbourhood.
Who is the developer of Wellesley Square?
Wellesley Square is being developed by Greatwise Developments.
How much do units at Wellesley Square cost?
Pricing for Wellesley Square has not been publicly released. Registered buyers receive the price list first.
When is occupancy at Wellesley Square?
An occupancy date for Wellesley Square has not been announced yet.
How many units are in Wellesley Square?
Wellesley Square is planned as a 58-storey condo development.
How do I get platinum or VIP access to Wellesley Square?
Circle Real Estate provides platinum access to Wellesley Square, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for Wellesley Square pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-11-08. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.