407 - 24 Wellesley Street W

Bay Street Corridor, Toronto

407 - 24 Wellesley Street W, Bay Street Corridor, Toronto

$518,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $863.33

About this Condo

in Bay Street Corridor, Toronto

Unbeatable Location in a High-Demand AreaJust Steps to the Subway! This bright and spacious 1-bedroom unit features a semi-ensuite bath and a glass-enclosed sunroom with floor-to-ceiling windows. Enjoy walking distance to the University of Toronto, Yorkville, Eaton Centre, major hospitals, Ryerson, Bay Street Financial District, and top dining and entertainment venues.The building offers 24-hour concierge service, a stunning rooftop terrace, hot tub, party room, and a fitness centre with breathtaking views. Visitor parking is available. Well-managed building with excellent amenities. Maintenance fee includes heat, hydro, water, basic cable, and internet.

Listed by KAIZEN CAPITAL REALTY PARTNERS.

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Photo 0 at 407 - 24 Wellesley Street W, Bay Street Corridor, Toronto

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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