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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Luxury Corner Suite at Wellesley on the Park Downtown Toronto Living at Its FinestWelcome to Wellesley on the Park, an exceptional luxury condo situated in the vibrant core of Toronto. This beautifully designed 3-bedroom corner suite offers breathtaking, unobstructed panoramic views and a bright, open-concept layout thats perfect for modern urban living.Enjoy stylish finishes throughout, including floor-to-ceiling windows, premium laminate flooring, and a contemporary kitchen outfitted with designer cabinetry, stainless steel appliances, sleek backsplash, stone countertops, and an undermount sink.The primary bedroom features a private 3-piece ensuite, mirrored closet, and a walk-out to the terrace. The second bedroom is spacious with wraparound windows and mirrored closets, while the third bedroom offers flexibility as a cozy guest room or dedicated home office.Located just steps from the TTC subway, Bloor-Yorkville shopping district, world-class dining, cafés, and the Financial and Entertainment Districts, this suite offers both convenience and sophistication.Included: One parking space and one locker.
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Data-driven valuation for 11 Wellesley Street W 1105, Toronto C01, ON M4Y 0G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $998,000 in Toronto, the legal minimum down payment is $74,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.