Wellesley is just a single stop south from Bloor-Yonge while the actual station is located east along Wellesley near the north east corner of Wellesley and Yonge.
The 94A/B bus runs out out of Wellesley station while the eastbound route runs east on Wellesley, north on Parliament to Castle Frank station. The westbound route goes from the station west along Wellesley and counter clockwise around Queens Park to Hoskin/Harbord before turning north on Ossington towards Ossington Station. When traveling back east towards Wellesley station the bus takes continues taking the counter clockwise route around Queens Park back to Wellesley at the south side of Queens Park.
Transfers may also be taken to the Yonge buses on Yonge street.