225 Wellesley Street, Toronto, ON
This listing is no longer active (Sold)
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $720,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 0-499 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to "The Star Of Downtown" in the heart of Cabbagetown! Large 915 square feet split 2 bedrooms, 2 bathrooms suite with prime south view of the Toronto skyline and the CN Tower. Awesome open concept layout, large primary bedroom with "His & Hers" closets and 4-piece ensuite. Just a few minutes drive to the DVP, this building is steps to absolutely everything Downtown living requires. Walk to schools, supermarket, TTC - Wellesley and Sherbourne stations. Parking & Locker Included. Don't miss out! **EXTRAS** Stainless steel fridge, stove, dishwasher, and hood fan, All electrical light fixtures and window blinds. Stacked washer and dryer.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
None
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 225 Wellesley Street E 1002, Toronto C08, ON M4X 1X8
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 $720,000 in Toronto, the legal minimum down payment is $47,000 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 $10,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,875 also applies, bringing the total estimated land transfer taxes to $21,750.
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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.
