
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 $499,900 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.
Experience elevated downtown living in this nearly new 1-year-old condo perched on the 52nd floor, offering breathtaking panoramic city views and abundant natural light through floor to ceiling windows. Beautifully finished with contemporary design. Ideally situated in the heart of downtown Toronto, you'll enjoy unbeatable convenience just steps from Yorkville, two subway lines, University of Toronto, major hospitals, world-class shopping, acclaimed restaurants, and countless urban amenities. Residents have access to over 21,000 sq. ft. of exceptional resort-inspired amenities, including a state-of-the-art 6,300 sq. ft. fitness club, stylish co-working lounges, beautifully designed outdoor spaces, a pet spa, and much more. An outstanding opportunity for professionals, students, investors, or anyone seeking sophisticated city living in one of Toronto's most sought-after locations. A must-see!
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This condo apartment located at 8 Wellesley Street, Toronto is currently for sale and has been available on SousaSells for 21 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 8 Wellesley Street, Toronto is in the Bay Street Corridor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bay Street Corridor, Toronto.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
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The current listing price for 8 Wellesley Street, Unit 4, Toronto, ON in Bay Street Corridor, Toronto is $499,900.
This property features 1 bedroom and 1 bathroom across approximately 0-499 sqft.
8 Wellesley Street, Unit 4, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Clear View, Library, Public Transit, School, Park, Hospital.
Interior highlights include: Carpet Free.
Yes, this property offers parking space for 0.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Wellesley Street W 5205, Toronto, 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 $499,900 in Toronto, the legal minimum down payment is $24,995 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 $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.
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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.