1506 - 50 Wellesley Street E

Yonge Corridor, Toronto

1506 - 50 Wellesley Street E, Yonge Corridor, Toronto

$750,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,071.43


About this Condo

in Yonge Corridor, Toronto

Discover urban living at its finest in this stunning 2-bedroom, 2-bathroom condo located in the heart of downtown Toronto. This spacious 743 sq.ft. unit features a smart open-concept layout, 9-foot ceilings, and floor-to-ceiling windows that offer unobstructed east-facing views and flood the space with natural light. Enjoy the luxury of a full-length private balcony, perfect for relaxing or entertaining, and high-end finishes throughout, including laminate flooring, quartz countertops, an under mount sink, and built-in kitchen appliances.The primary bedroom boasts a modern en-suite bathroom, while the second bedroom offers a closet and sliding doors for added versatility. Located just steps from Wellesley Subway Station and within walking distance to the University of Toronto, Toronto Metropolitan University (Ryerson), top hospitals in the University Health Network, and Torontos vibrant culture and entertainment districts, this condo offers a nearly perfect walk score of 99 and a transit score of 98making it ideal for students, professionals, or anyone who values convenience.Residents will also enjoy an array of premium amenities, including a 24/7 concierge, a fully equipped fitness centre, an outdoor pool, party and game rooms, guest suites, and more. Don't miss this opportunity to live in a prestigious Plaza building that truly has it all.

Listed by RE/MAX ULTIMATE REALTY INC..


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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.:
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* This material is for informational purposes only.

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