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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 poured construction, this residence presents an exceptional opportunity offered at $2,300 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.
Be the first to live in this beautiful 1-bedroom + study suite in the luxurious 8 Wellesley condo, perfectly located in the heart of downtown Toronto at Yonge & Wellesley. This stunning high-floor unit features beautiful north-facing views, a spacious layout, and high ceilings in the living area. Enjoy floor-to-ceiling windows, rich smooth flooring, and a sleek open-concept kitchen with built-in appliances, quartz countertops, modern backsplash, and an undermount sink. The well-proportioned bedroom includes a closet and a dedicated study nook ideal for a home office or workstation. Building amenities include: 24-hour concierge Fully equipped fitness centre, Party/meeting room, Rooftop terrace with BBQs, games area, and outdoor lounge. Live steps from Wellesley Subway Station, U of T, Toronto Metropolitan University, and minutes from the Eaton Centre, Yonge-Dundas Square, Yorkville, and the Financial District. Surrounded by restaurants, cafes, museums, shops, and world-class dining urban living at its finest!
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Data-driven valuation for 8 Wellesley Street W 4107, 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 $2,300 in Toronto, the legal minimum down payment is $115 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $23.
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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.