5110 - 8 WELLESLEY Street W

Bay Street Corridor, Toronto

5110 - 8 WELLESLEY Street W, Bay Street Corridor, Toronto

$688,000

Bedrooms: 1

Bathrooms: 2

Living Area: 600 sqft

Price Per Sqft: $1,146.67

About this Condo

in Bay Street Corridor, Toronto

Fantastic Opportunity to Own at Bay & Bloor!Experience elevated downtown living in this stunning 51st-floor residence at prestigious Bay & Wellesley.This beautifully designed 1 Bedroom + Den, 2 Bathroom suite showcases spectacular unobstructed east-facing views, flooding the home with natural light and breathtaking city vistas. The spacious den features a full door and its own 3-piece bathroom, making it ideal as a second bedroom, guest suite, or private home office.Thoughtfully designed with an efficient layout, this exceptional suite also includes a storage locker for added convenience.Located in the heart of Downtown Toronto, just a 2-minute walk to the subway, you'll enjoy immediate access to Yorkville, the University of Toronto, world-class shopping, fine dining, cafés, entertainment, hospitals, and every urban convenience imaginable.Offering exceptional value in one of Toronto's most prestigious neighbourhoods, this is a rare opportunity to own a nearly new luxury residence at an outstanding price. An exceptional choice for both end-users and investors.

Listed by RIGHT AT HOME REALTY.

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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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