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 $527,900 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 Wellesley On The Park, a luxury condo in the heart of downtown. This mid-level 1-bedroom suite with 1 parking offers an unobstructed east-facing view with abundant natural light and a bright open-concept layout designed for comfortable urban living. The suite features a modern kitchen with built-in stainless steel appliances, sleek cabinetry, and modern kitchen and bathroom countertops. Step out onto the spacious private balcony and enjoy open city views with beautiful morning light. Located just steps to Yonge Street and Wellesley subway station, with easy access to the University of Toronto, Toronto Metropolitan University (formerly Ryerson), Yorkville shopping, the Financial District, and everyday essentials including 24-hour supermarkets. Residents enjoy world-class amenities and direct access to a 1.6-acre park, offering a rare green space in the downtown core. Perfect for professionals, investors, or anyone seeking vibrant downtown living with convenience at your doorstep. * Photos from previous lease listing for reference only * 1 Parking Included *
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Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Built-In Oven, Carpet Free, Countertop Range
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This could be the first listing for this address.
Data-driven valuation for 11 Wellesley Street W 1501, Toronto, 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 $527,900 in Toronto, the legal minimum down payment is $27,790 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 $7,033 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,033 also applies, bringing the total estimated land transfer taxes to $14,066.
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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.