159 Wellesley Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 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 forced air heating via gas
Description
Immerse yourself in urban living at its finest in this stunning 1 bed + den condo located in downtown Toronto. Chic modern finishes throughout this amazing open concept layout. With a private balcony offering city skyline views, a large primary bedroom featuring floor to ceiling windows, and a spacious den perfect for a home office or guest room, this unit offers versatility and comfort. A full suite of building amenities include: 24-Hour Concierge, Rooftop Lounge & BBQ Area, Fitness Studio With Yoga Room, and Zen Inspired Sauna. Enjoy the convenience of a nearby park for leisure and immerse yourself in the vibrant cityscape just steps away, with an array of restaurants, grocery stores and amenities at your fingertips. A short walk to Ryerson, Yonge/Wellesley subway and Bloor/Sherbourne Subway, making this location great for commuters.
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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 159 Wellesley Street E 1811, Toronto C08, ON M4Y 0H5
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 $499,900 in Toronto, the legal minimum down payment is $24,995 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 $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.
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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.
