589 Wellington Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Niagara. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $1,249,000 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 13.78 x 103.91 ft lot
- Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An ideal blend of contemporary style and timeless character situated in the heart of King West - one of Toronto's most vibrant neighbourhoods. Professionally renovated from top to bottom, featuring an airy open concept layout, hardwood floors throughout, and updated thoughtful finishes, the home is designed for both comfortable living and effortless entertaining. The sunny modern kitchen opens seamlessly to the dining area and has a walk-out to the backyard deck. Upstairs, the primary bedroom has an incredible wall-to-wall custom closet. There is a large versatile family room (formally a third bedroom), ideal as a cozy sitting area, TV room, or home office. Step outside to a private deck and beautifully landscaped backyard, providing a rare outdoor oasis in the heart of the city. The finished self-contained lower level with a separate entrance offers valuable additional living space or potential income opportunities. Located just steps from Toronto's hottest restaurants, cafés, boutiques, transit, and the waterfront, with convenient access to major highways, this is an outstanding opportunity to enjoy the very best of downtown living.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 589 Wellington Street W, Toronto C01, ON M5V 1G3
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 $1,249,000 in Toronto, the legal minimum down payment is $249,800 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 $21,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,455 also applies, bringing the total estimated land transfer taxes to $42,910.
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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.
