Toronto · Ward 13 · PRIVATE
240 Wellesley St E
Toronto, Ontario · postal area M4X · North St.James Town
554 units · 29 storeys · built 1968 · managed by WELLESLEY PARLIAMENT SQUARE LTD.
LTB orders, Jan–June 2026
15Rent control
Likely rent-controlledFire code
1Investment (5 yrs)
0Property standards
52Building facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · North St.James Town
What rents cost here · Toronto Central zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,790 | $1,599 |
| 1-bedroom | $2,321 | $2,036 |
| 2-bedroom | $3,128 | $2,766 |
| 3-bedroom+ | — | $3,556 |
The gap is what moving costs: a vacant 2-bedroom rents about 13% above what sitting tenants pay. Only 11.8% of units changed tenants in the year to the survey. Vacancy rate: 2.8%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 17
Bus routes: 65, 75, 94
Streetcars: 506
24-hour night routes: 300, 306, 365
Nearest subway: Sherbourne Station · 576 m
Nearest intersection: Ontario & Wellesley · 59 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 36.2%
Renters in subsidized housing: 22.9%
Median household income: $59,200
Average household: 2 people
Median age: 36.4
Homes in 5+ storey buildings: 93%
Moved in the past year: 16.6%
Residents: 23,408
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Wellesley Community Centre 229 m · PAM McCONNELL AQUATIC CENTRE 1.1 km
Libraries: St. James Town 222 m · Parliament Street 755 m
Schools nearby
Distances from this buildingSecondary (high school): Jarvis Collegiate Institute · 530 m
Catholic elementary: Our Lady Of Lourdes Catholic Elementary School · 326 m
Catholic secondary: St Michael'S Choir School - Secondary · 1.5 km
Score history
| Evaluation | Score |
|---|---|
| Jul 9, 2024 | 79 |
| Jul 29, 2026 | 83 |
Fire code violations
78 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 1 currently open. Most frequent:
- Fire Alarm Maintenance (5)
- Maintenance of closures (5)
- Check, inspect and test (4)
Source: Toronto Fire Services residential inspection results, refreshed daily. A violation record is a finding at inspection time; open items are those without a recorded close date.
Landlord and Tenant Board orders
How to read these orders and codes →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-L-025121-26 | L1 eviction application for rent arrears | Jun 8, 2026 | |
| LTB-L-101166-24 | L2 eviction application (other reasons) | Jun 3, 2026 | |
| LTB-T-041582-24 | T2 tenant application — rights | May 11, 2026 | |
| LTB-L-012441-26 | L1 eviction application for rent arrears | Apr 20, 2026 | |
| LTB-L-032608-26 | L4 eviction — breached a settlement or order | Apr 17, 2026 | |
| LTB-L-005798-26 | L1 eviction application for rent arrears | Apr 2, 2026 | |
| LTB-L-005808-26 | L1 eviction application for rent arrears | Apr 2, 2026 | |
| LTB-L-013823-26 | L1 eviction application for rent arrears | Mar 31, 2026 | |
| LTB-L-106831-25 | L1 eviction application for rent arrears | Mar 16, 2026 | |
| LTB-L-106007-25 | L1 eviction application for rent arrears | Mar 4, 2026 | |
| LTB-T-041582-24 | T2 tenant application — rights | Mar 2, 2026 | |
| LTB-L-097134-25 | L9 application to collect rent owed | Feb 10, 2026 | |
| LTB-L-099153-25 | L1 eviction application for rent arrears | Feb 10, 2026 | |
| LTB-L-010676-26 | L4 eviction — breached a settlement or order | Feb 9, 2026 | |
| LTB-L-094092-25 | L9 application to collect rent owed | Feb 9, 2026 |
Final orders published by Tribunals Ontario (Jan–June 2026 release). An order records the outcome of an application; a high count of L1 (arrears) filings reflects filing activity, not the state of the building. Orders with confidentiality directives are excluded at source.