5611 - 11 Wellesley Street W

Bay Street Corridor, Toronto

5611 - 11 Wellesley Street W, Bay Street Corridor, Toronto

$628,800

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,257.60

About this Condo

in Bay Street Corridor, Toronto

Welcome to Wellesley on the Park, home to one of the most desirable 1+1 layouts the building has to offer! Located on the 56th floor, this bright and modern suite features a wraparound balcony with incredible panoramic views of the Toronto skyline and Lake Ontario. With a perfect Walk Score of 100, you're right in the heart of downtown Toronto, just steps from everything you need. Step inside to an open-concept layout, with floor-to-ceiling windows that fill the space with natural light throughout the day. The combined living and dining area is designed for relaxed everyday living, while the sleek kitchen features fully integrated appliances and refined modern finishes that bring the entire space together. The bedroom is positioned to take full advantage of those incredible high-floor views, while the true den (with its own door and window) easily works as a second bedroom or home office. You'll also enjoy the convenience of the ensuite laundry and a locker for extra storage Building amenities include 24-hour concierge, an indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting friends and family. Located at Yonge and Wellesley in the heart of the Bay Street Corridor, you're just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, Top hospitals, and some of Toronto's best dining and shopping around. A rare opportunity to settle into one of downtown Toronto's most coveted addresses, where elevated city living meets calm above the skyline.

Listed by REAL BROKER ONTARIO 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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