5503 - 11 Wellesley Street W

Bay Street Corridor, Toronto

5503 - 11 Wellesley Street W, Bay Street Corridor, Toronto

$618,900


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,237.80


About this Condo

in Bay Street Corridor, Toronto

Welcome to Wellesley on the Park, one of downtown Toronto's most prestigious addresses.Situated on the 55th floor, this exceptional 1+Den residence offers a highly sought-afterlayout, spectacular south-facing views, and balcony showcasing panoramic vistas of the city skyline, the iconic CN Tower, and Lake Ontario.Designed with modern elegance in mind, the suite features a bright open-concept floor plan framed by floor-to-ceiling windows that flood the interior with natural light. The seamless living and dining areas create an inviting atmosphere for both everyday living and entertaining, while the contemporary kitchen is appointed with integrated appliances, sleek cabinetry, and refined finishes throughout.The spacious primary bedroom enjoys stunning skyline views, while the fully enclosed den, complete with a door and window, provides exceptional versatility as a guest bedroom, home office, or private retreat.Ensuite laundry.Residents enjoy access to an impressive collection of resort-inspired amenities, including 24-hour concierge service, an indoor swimming pool, state-of-the-art fitness centre, yoga studio, party and games rooms, and an outdoor terrace with BBQfacilities.Perfectly positioned at Yonge and Wellesley in the heart of the Bay Street Corridor,this prime location offers unparalleled convenience with immediate access to Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Yorkville, the Financial District, major hospitals, acclaimed restaurants, premium shopping, and everyday essentials.Experience elevated urban living from one of the city's most coveted vantage points, where sophisticated design, exceptional amenities, and breathtaking views come together in the heart of Toronto

Listed by CENTURY 21 NEW CONCEPT.


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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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