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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $499,000 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.
Urban Living at its best - a truly spacious one bedroom condo in the heart of the city with parking and locker included - they just don't build them like this anymore! With 640 square feet of well appointed living space and a dedicated kitchen area with full size appliances, this may be the best one bedroom layout in the core. With thoughtful spaces for cooking, entertaining and relaxing, this unit also boasts a south facing balcony, ensuite laundry, private parking, locker, and lots of storage. All in the heart of the city just steps to the financial district, nightlife, restaurants, and Rogers center (Go Jays!) and all inclusive of utilities and premium amenities: 24-hr concierge, pool, sauna, rooftop terrace, BBQ facility, cyber lounge and gym!
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Data-driven valuation for 270 Wellington Street W 316, Toronto C01, ON M5V 3P5
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 $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.