1509 - 8 Wellesley Street W

Bay Street Corridor, Toronto

1509 - 8 Wellesley Street W, Bay Street Corridor, Toronto

$850,000


Bedrooms: 3

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,062.50


About this Condo

in Bay Street Corridor, Toronto

Welcome to 8 Wellesley St W, a bright and beautifully appointed 3-bedroom, 2-bathroom residence in the vibrant heart of downtown Toronto. This thoughtfully crafted suite features a generous open-concept layout enhanced by floor-to-ceiling windows that showcase sweeping, unobstructed south-facing views. The primary bedroom offers a private ensuite and ample closet space, while the two additional bedrooms provide versatility for families, shared living, or a dedicated home office. Situated at Yonge & Wellesley, you'll enjoy unmatched convenience with the TTC at your doorstep and easy walking access to the Financial District, Eaton Centre, Yorkville, the ROM, and countless shops, restaurants, and cultural attractions. Residents have access to premium amenities, including a 24-hour concierge, modern fitness centre, stylish party and meeting rooms, and a rooftop terrace with BBQs and lounge areas. A rare opportunity to experience exceptional urban living in one of Toronto's most connected neighbourhoods.

Listed by UNION CAPITAL REALTY.


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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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