Lph01 - 8 Wellesley Street W

Bay Street Corridor, Toronto

Lph01 - 8 Wellesley Street W, Bay Street Corridor, Toronto

$1,240,000

Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $1,377.78

About this Condo

in Bay Street Corridor, Toronto

Rare LPH unit at 8 Wellesley Condo featuring higher ceilings, a huge living room, and floor to ceiling windows with an unobstructed south view. Bright and spacious openconcept layout with a modern kitchen equipped with built in appliances and soft close cabinetry. Well sized bedroom with a large window and closet. Premium unit offering abundant natural light and a bright, open living space. Perfect for families, students, or professionals seeking upscale downtown living. Steps to subway, shopping, U of T, Toronto Metropolitan University, Yorkville, Eaton Centre, Queen's Park, and the Financial District. Locker and upgraded EV parking included. YOU MUST SEE!!!

Listed by HOMELIFE FRONTIER REALTY INC..

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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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