409 - 225 Wellesley Street E

South St. James Town, Toronto

409 - 225 Wellesley Street E, South St. James Town, Toronto

$528,000


Bedrooms: 2

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $880.00


About this Condo

in South St. James Town, Toronto

Stylish 2-Bedroom Unit in Prime Downtown Location! Bright and functional 685 sq ft split 2-bedroom layout in the heart of Cabbagetown. Recently updated with new wood floors (2024) and paint, this move-in ready suite features a primary bedroom with ensuite-style bath access, full second bedroom with closet, ample storage, and private ensuite laundry. Enjoy a spacious living area with walk-out to balcony (northern exposure). Includes owned parking & locker. Set in a well-managed building with 24-hr concierge, security, and rooftop terrace with BBQs & panoramic city views. Unbeatable location steps to TTC (Wellesley & Sherbourne stations), Bloor St, Cabbagetown, TMU, U of T, groceries, cafes, restaurants, parks & Don Valley trails, with quick access to the DVP. A rare opportunity to own a spacious 2-bedroom suite in one of downtown Torontos most convenient and connected locations!

Listed by CENTURY 21 NEW CONCEPT.


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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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