5311 - 11 Wellesley Street W

Bay Street Corridor, Toronto

5311 - 11 Wellesley Street W, Bay Street Corridor, Toronto

$598,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,196.00


About this Condo

in Bay Street Corridor, Toronto

Discover elevated urban living at Wellesley on the Park in the heart of the Bay Street Corridor where one of the building's most sought-after one -plus den layouts awaits! Perched on the 53rd floor, this bright and stylish suite offers a wrap-around balcony w/ breathtaking panoramic views of the Toronto skyline and Lake Ontario. With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door. Inside, an open-concept layout paired with floor-to-ceiling windows floods the space with natural light throughout the day. The living and dining area flows effortlessly for both quiet nights in and entertaining friends, while the sleek kitchen features fully integrated appliances and refined finishes that tie the whole space together. The bedroom takes full advantage of those spectacular sky-high views, and the den (with its own door and window) offers exceptional flexibility as a second bedroom or home office. Ensuite laundry and one storage locker round out the suite for convenience and extra storage. Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting family and friends. Situated at Yonge and Wellesley in the heart of the Bay Street Corridor, residents enjoy outstanding connectivity. You are just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, top hospitals, and some of Toronto's best dining and shopping. A rare opportunity to settle into one of downtown Toronto's coveted addresses, where elevated city living meets a peaceful escape above the skyline. Do not let this one pass you by!

Listed by REAL BROKER ONTARIO LTD..


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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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