| Common Elements Included | |
| Building Insurance Included |
New3 hours ago
701 - 8 Wellesley Street W
Bay Street Corridor, Toronto
$479,000
Condo Apartment |
1 | 1 | 0 | 0
About this home
Welcome to the gorgeous and centrally located 8 Wellesley St W! This a 1bedroom features soaring windows with city views and is the perfect place to call home. A full host of amenities including a designer furnished lobby, world class gym, co working space, party rooms, and more are available for the days you don't want to leave home. For the days and nights out, with the subway station at your doorstep, this address provides effortless access to U of T, TMU, Yorkville, the Financial District, hospitals, shopping, and dining. Whether for personal use or investment, the convenience is unmatched.
Extras
No extras listed.
| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | New |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $375 |
| Locker | None |
| Balcony | None |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Private |
| Property Tax | $2,877 |
| mls© Number | C13627410 |
| Listed By | MASTER`S TRUST REALTY INC. |
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,452
- Property tax
- $240
- Heat allowance
- $150
- Condo fees, half counted
- $188
- Housing costs
- $3,029 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $95,800
25-yr amortization
Income needed
$93,000
gross annual household income
- Payment at 4%
- $2,016 / mo
- Cash down
- $95,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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