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 $550,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via other
Description
Functional layout with no wasted space! One bedroom + den unit 677 sq ft interior + 177 sq ft terrace with unobstructed view. Den Is Very Spacious And Can Fit Bed And Desk To Be Used As A Second Bedroom. Primary bedroom has a spacious walk in closet. Unit has smooth ceiling, laminate throughout, and custom roller blinds. Incredible Location at The Heart Of Downtown Toronto, Yonge & Wellesley, 2 Minute Walk To Wellesley Subway Station, Steps Away From U Of T, TMU, Yorkville Shopping, Eaton Center.
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Carpet Free
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 11 Wellesley Street W 501, Toronto C01, ON M4Y 0G4
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 $550,000 in Toronto, the legal minimum down payment is $30,000 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 $7,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,475 also applies, bringing the total estimated land transfer taxes to $14,950.
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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.