1010 - 159 Wellesley Street E
South St. James Town, Toronto
$399,000
Bedrooms: 1
Bathrooms: 1
About this Condo
in South St. James Town, Toronto
Discover smart downtown living at 159 Wellesley Street East. This bright, modern suite offers a highly functional layout that feels larger than its footprint, enhanced by high ceilings, floor-to-ceiling windows, and unobstructed city views. A clean, carpet-free interior is paired with a contemporary kitchen featuring built-in appliances and sleek finishes-perfect for efficient, modern living.Ideally suited for young professionals, students, or investors, this residence is located just minutes from the University of Toronto (St. George Campus) and Toronto Metropolitan University, with easy walking access to both the Yonge-Wellesley and Bloor-Sherbourne subway lines. Enjoy immediate access to cafés, restaurants, grocery stores, parks, hospitals, and everyday urban conveniences. With pricing that makes ownership more compelling than renting, this is a rare opportunity to secure a downtown home, build equity, and enjoy long-term value at a cost comparable to monthly rent. Residents enjoy premium amenities including 24-hour concierge, Wi-Fi lounge, guest suites, billiards and games room, bicycle storage, indoor fitness studio, yoga studio with zen-inspired sauna, outdoor fitness areas, and a unique 360-degree rooftop running track. A true turnkey opportunity in the heart of Toronto's downtown core.
Listed by RE/MAX WEST REALTY INC..
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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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