5205 - 8 Wellesley Street W

Bay Street Corridor, Toronto

5205 - 8 Wellesley Street W, Bay Street Corridor, Toronto

$499,900

Bedrooms: 1

Bathrooms: 1

About this Condo

in Bay Street Corridor, Toronto

Experience elevated downtown living in this nearly new 1-year-old condo perched on the 52nd floor, offering breathtaking panoramic city views and abundant natural light through floor to ceiling windows. Beautifully finished with contemporary design. Ideally situated in the heart of downtown Toronto, you'll enjoy unbeatable convenience just steps from Yorkville, two subway lines, University of Toronto, major hospitals, world-class shopping, acclaimed restaurants, and countless urban amenities. Residents have access to over 21,000 sq. ft. of exceptional resort-inspired amenities, including a state-of-the-art 6,300 sq. ft. fitness club, stylish co-working lounges, beautifully designed outdoor spaces, a pet spa, and much more. An outstanding opportunity for professionals, students, investors, or anyone seeking sophisticated city living in one of Toronto's most sought-after locations. A must-see!

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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