11 Wellesley Street, Toronto, ON
Property Highlights
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 $449,000 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.
- 0 Bedrooms and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Rare Studio With One Parking Spot, Offering At Bay & Wellesley With Parking & Locker! Perched On The 27th Floor, This Highly Desirable 343 Sq. Ft. Studio Features A Massive Balcony And An Exceptionally Rare Inclusion: One Owned Parking Space And One Locker. In The Pre-Construction Market, Parking Is Almost Exclusively Reserved For Much Larger Suites (The Seller Originally Paid A Premium Of $65,000 For The Parking Spot And $6,000 For The Locker). Located Just Steps From The University Of Toronto, Yonge Street, And The TTC Subway, This Location Is Unbeatable. This Is A Fantastic, Ready-To-Go Opportunity For Both End-Users And Investors Seeking A Complete Package In The Downtown Core.Rare Studio Offering at Bay & Wellesley with Parking & Locker!Perched on the 27th floor, this highly desirable 343 sq. ft. studio features a massive balcony and an exceptionally rare inclusion: one owned parking space and one locker. In the pre-construction market, parking is almost exclusively reserved for much larger suites (the seller originally paid a premium of $65,000 for the parking spot and $6,000 for the locker). Located just steps from the University of Toronto, Yonge Street, and the TTC subway, this location is unbeatable. This is a fantastic, ready-to-go opportunity for both end-users and investors seeking a complete package in the downtown core.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
None
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 11 Wellesley Street W 2710, Toronto C01, ON M4Y 1E8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $449,000 in Toronto, the legal minimum down payment is $22,450 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 $5,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,455 also applies, bringing the total estimated land transfer taxes to $10,910.
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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.
