2002 - 22 Wellesley Street

Yonge Corridor, Toronto

2002 - 22 Wellesley Street, Yonge Corridor, Toronto

$495,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $990.00


About this Condo

in Yonge Corridor, Toronto

Enjoy unobstructed panoramic south-facing city views from this bright 1-bedroom + den suite, complete with parking and locker, in one of downtown Toronto's most convenient and connected locations.Just steps to Wellesley Station, Yonge Street, restaurants, cafés, bars, TMU, U of T, the Eaton Centre, and Yorkville, this location offers the best of downtown living with TTC Line 1 subway access literally at your doorstep.The corner kitchen features newer full-size appliances in excellent condition and ample storage space. South-facing floor-to-ceiling windows flood the suite with natural light and showcase impressive skyline views. A generously sized balcony extends the living space outdoors and includes a natural gas BBQ hookup. The den includes bi-fold doors, lighting, and a ceiling fan, making it ideal as a guest room, home office, or flexible living space.Building amenities include concierge service, fitness centre, sauna, outdoor hot tub, BBQ area, and guest suites. Maintenance fees include water, with a modest 2025 increase of just 3.66%.Perfect for first-time buyers, professionals, or investors seeking a downtown lifestyle with the rare combination of parking, locker, transit convenience, and exceptional city views.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.


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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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