613 - 24 Wellesley Street W

Bay Street Corridor, Toronto

613 - 24 Wellesley Street W, Bay Street Corridor, Toronto

$599,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $599.00

About this Condo

in Bay Street Corridor, Toronto

An exceptional opportunity to own a spacious two-bedroom, two-bathroom condo with parking and locker in Toronto's thriving Bay Street corridor. Offering approximately 1,170 square feet with an excellent, functional layout, this southwest-facing suite is filled with natural light through breathtaking floor-to-ceiling curved panoramic windows showcasing unobstructed cityscape views. The unit presents incredible potential for those looking to update and personalize. Ideally situated at the corner of Bay Street and Wellesley Street, just steps to Yonge Street, Wellesley Station, Queen's Park, the University of Toronto, Toronto Metropolitan University, major hospitals, government offices, the Financial District, and an endless selection of shops, cafés, and restaurants, this location offers unmatched convenience and vibrant city living. Maintenance fees include all utilities and basic cable for added ease, and residents enjoy excellent amenities including a fully equipped gym, library, rooftop terrace with sweeping views, and Rabba Fine Foods conveniently located on the main floor.

Listed by RE/MAX HALLMARK REALTY LTD..

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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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