1901 - 8 Wellesley Street W

Bay Street Corridor, Toronto

1901 - 8 Wellesley Street W, Bay Street Corridor, Toronto

$499,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Bay Street Corridor, Toronto

Experience modern downtown living at 8 Wellesley Residences. Situated at Yonge and Wellesley, with the subway station at your doorstep, this address provides effortless access to U of T, TMU, Yorkville, the Financial District, hospitals, shopping, and dining. Whether for personal use or investment, the convenience is unmatched.Residents enjoy over 21,000 sq.ft. of premium amenities, including a 6,300 sq.ft. fitness centre, co-working lounges, study spaces, and social areas designed for today's urban lifestyle. An exceptional opportunity for buyers seeking quality, convenience, and long-term value.

Listed by SUNSHINE REALTY BROKERAGE INC..

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Photo 0 at 1901 - 8 Wellesley Street W, Bay Street Corridor, Toronto

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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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