Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $495,000 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.
Enjoy unobstructed panoramic south-facing city views from this bright 1-bedroom + den suite, complete with parking and locker, in one of downtown Toronto's most convenient and connected locations.Just steps to Wellesley Station, Yonge Street, restaurants, cafés, bars, TMU, U of T, the Eaton Centre, and Yorkville, this location offers the best of downtown living with TTC Line 1 subway access literally at your doorstep.The corner kitchen features newer full-size appliances in excellent condition and ample storage space. South-facing floor-to-ceiling windows flood the suite with natural light and showcase impressive skyline views. A generously sized balcony extends the living space outdoors and includes a natural gas BBQ hookup. The den includes bi-fold doors, lighting, and a ceiling fan, making it ideal as a guest room, home office, or flexible living space.Building amenities include concierge service, fitness centre, sauna, outdoor hot tub, BBQ area, and guest suites. Maintenance fees include water, with a modest 2025 increase of just 3.66%.Perfect for first-time buyers, professionals, or investors seeking a downtown lifestyle with the rare combination of parking, locker, transit convenience, and exceptional city views.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 22 Wellesley Street 2002, Toronto C08, ON M4Y 1G3
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 $495,000 in Toronto, the legal minimum down payment is $24,750 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 $6,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,375 also applies, bringing the total estimated land transfer taxes to $12,750.
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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.