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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 $2,200 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.
Discover this modern 1-bedroom suite at 8 Wellesley Residences, a 1-year-old building developed by Centre court Developments. Situated at the highly desirable Yonge & Wellesley intersection, this thoughtfully designed unit features a contemporary kitchen with integrated appliances, quartz countertops, stylish backsplash, and ensuite laundry. Enjoy exceptional convenience with the University of Toronto, Wellesley Subway Station, Rabba Fine Foods, Galleria Supermarket, as well as a wide selection of cafés and restaurants all within walking distance. Nearby attractions include Queen's Park, the Royal Ontario Museum and major hospitals, all easily accessible. Residents of 8 Wellesley benefit from an impressive range of amenities, including an automated parcel system, co-working space, fitness centre, outdoor lounge, guest suites and24/7 concierge service. Toronto Metropolitan University, OCAD University, and CF Toronto Eaton Centre are also just minutes away. Available after June 20th. Suite size: 461 sq ft (as per Builder's Plan).
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Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Carpet Free
Concierge/Security, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 8 Wellesley Street W 1106, Toronto C01, ON M4Y 0J5
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 $2,200 in Toronto, the legal minimum down payment is $110 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 $11 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $22.
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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.