50 Wellesley Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $3,100 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 700-799 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Two Bedroom with Two Washroom Suite with Amazing South East View by Plaza, One Minute Walk to Wellesley Station, Steps to UoT, Shops, Restaurants, Recreation Centre and all kinds of facilities. Full Size, Gorgeous Corner Balcony, Spacious Bright and Wide Open Concept, Laminate Flooring Throughout And Quality Finishes. Prime Location in the City Core. Abundant amenity including 24h security, concierge, gym, party room, guest room and more!
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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 50 Wellesley Street E 908, Toronto C08, ON M4Y 0C8
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 $3,100 in Toronto, the legal minimum down payment is $155 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 $16 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16 also applies, bringing the total estimated land transfer taxes to $31.
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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.
