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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,675,000 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.
Bespoke glamour with light filled south, west & north exposures that just dazzle in this bright & versatile, almost 2,000 sf, 2 BR + den/home office or 3 BR. Three open concept sitting rooms & the rare windows on 3 sides are filled with natural light by day, or sparkling drama at night. Sophistication, convenience & smart practicality highlight this impeccable, stunning renovation of 1,979 providing a growing family or chic urbanites an unparalleled blend of comfort & refinement. Curated to perfection, it features tall ceilings, halogens, big walls for art, lg windows for airy views & designer laminates highlighting the calm beauty, sparkling durability & impressively appointed finishes, making this a rare opportunity & exceptional showcase. The living/great rm & south-facing open concept sitting rm, adjoining the separate formal DR, are ideal for cocooning or large-scale entertaining. The gourmet kitchen, with its under-cabinet lighting, full size appliances, stone countertops & dedicated pantry, is splendid for culinary enthusiasts who will love the open waterfall bar to the DR ensuring that the cook is an integral part of all activity. The primary BR, a haven of tranquility, boasts a WICC, spa-like bath & w/o sitting rm. The second or guest BR has spectacular proportions embracing the wrap- around windows of its open sitting rm, with easy access to the stylish 4-pc bath. The 3rd BR doubles as a trophy home office with super B/ins, 2 desks & adjoining tree-framed, open-concept sitting rm. This is an unparalleled vibrant location, steps to Queens Pk, Mink Mile with its international boutiques & top restaurants, U of T, Metropolitan (Ryerson) University, UHN Hospitals (4), lush parks, world-class museums & galleries, indoor food emporiums & 2 subways either north/south or east/west. Downtown (Eatons Centre) & the financial district are walkable. Simply the very best in quality and convenience, this offers an unmatched life-style in which to have your dream home!
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This could be the first listing for this address.
Data-driven valuation for 62 Wellesley Street W 306, Toronto C01, ON M5S 2X3
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 $1,675,000 in Toronto, the legal minimum down payment is $335,000 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 $29,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,975 also applies, bringing the total estimated land transfer taxes to $59,950.
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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.