701 - 225 Wellesley Street
South St. James Town, Toronto
$650,000
Bedrooms: 2
Bathrooms: 2
Living Area: 900 sqft
Price Per Sqft: $722.22
About this Condo
in South St. James Town, Toronto
Situated within the most sought after Downtown location. This two-bedroom, two full bathroom bright and spacious 959 sqft unit embodies the pinnacle of modern living with newly upgraded flooring (2025), open balcony with unobstructed views, with modern functional layout and open concept living room bathed with natural light. Kitchen features modern s/s appliances, quartz countertop creating an ideal setting for entertaining. Large master bedroom includes two closets with luxurious 5 pc ensuite with soaking tub and a separate enclosed shower. The second bedroom with full closet with access to the balcony where you can savor your morning coffee or enjoy evening sunsets. Great south views of the city, fantastic amenities such as concierge services, fitness room, car wash, steam room, library room, visitor parking and the breathtaking rooftop terrace on the 12th floor. Close proximity and easy access to public transit, grocery, restaurants, parks and various amenities. This unit is a statement of elevated living where luxury meets convenience in the pulsating heart of Toronto.
Listed by REMAX YOUR COMMUNITY REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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