Wellesley On The Park is a proposed condominium project by Lanterra Developments. Details are very minimal, but the developer has managed to dominate the Bay Street Corridor with projects like The Britt and now with the new Wellesley On The Park project initially aimed for multiple towers in the large tract of concrete land but decided to offer the residents of the neighbourhood a large park and public space instead, making Wellesley On The Park a very rare and almost unique opportunity to own a condominium in the downtown core adjacent and street-level to a park.
Prices are estimated to be similar to previous projects in the area from $290,000+ and the 54 storey 630 unit tower is set to launch in late 2013 or early 2014. The project is estimated to be completed in 2018 at 11 Wellesley Street West in Toronto.