508 Wellington Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $7,300 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1400-1599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Countertop Range
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Iconic Fashion District-Unique Boutique Building, On The Most Desirable Wellington St. W. Exceptional 2 Storey, Over 1500 Sq Ft., Commercial Live/Work Townhome. Generous Layout & Luxury Finishes At Every Turn. Direct Street Level Private Entrance & Convenient, 2nd Level Door To Building For Amenities & Elevator. Stroll To Vibrant King West For All Daily Errands & Entertainment. Walk, Biker & Riders Paradise. Live The Urban Entrepreneurial Dream Where Success Meets Stardom. On One Of The Widest Streets Near The New Well And King Toronto Development, Between Victoria Memorial Park & Clarence Square Park.
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Key Features
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Interior Features
Built-In Oven, Carpet Free, Countertop Range
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 508 Wellington Street W TH02, Toronto C01, ON M5V 0K8
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 $7,300 in Toronto, the legal minimum down payment is $365 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 $37 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $37 also applies, bringing the total estimated land transfer taxes to $73.
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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.
