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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 and aluminum siding construction, this residence presents an exceptional opportunity offered at $679,000 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.
Welcome to this stunning Freshly Painted suite in a landmark 54-storey tower, offering a bright and efficient579 sq ft layout with a massive balcony and southwest views. This unit includes 1 parking and1 locker, featuring a spacious bedroom and a versatile den perfect for dining, office, or study use. Enjoy top-tier building amenities such as an indoor pool, fully equipped fitness centre, yoga studio, party room, and outdoor BBQ area. Ideally located with Easy access to both Yonge and Wellesley subway stations, and just steps to the University of Toronto, Toronto Metropolitan University (formerly Ryerson), Bloor-Yorkville shopping, and the FinancialDistrictoffering the ultimate blend of luxury and convenience in the heart of downtown Toronto.
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Data-driven valuation for 11 Wellesley Street W 1107, 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 $679,000 in Toronto, the legal minimum down payment is $42,900 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 $10,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,055 also applies, bringing the total estimated land transfer taxes to $20,110.
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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.