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New2 hours ago

1307 - 11 Wellesley Street W

Bay Street Corridor, Toronto

$629,000

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

Bright and luxurious One Bedroom + Den Suite (579 sq. ft.) at the prestigious Wellesley on the Park, ideally situated in Toronto's sought-after Bay Street Corridor near Yonge & Wellesley. Featuring a functional open-concept living and dining area, a versatile den ideal for a home office or study, and a spacious private terrace perfect for outdoor enjoyment. Soaring 9-ft ceilings, floor-to-ceiling windows, and a modern kitchen with built-in appliances, granite countertops, and matching backsplash create a stylish and inviting living space. Unbeatable downtown location just steps to Wellesley Subway Station, streetcar service at your doorstep, Queen's Park, U of T, St. George Campus, TMU, George Brown College, Major Hospitals, the Financial District, Yorkville shopping & Toronto Eaton Centre. Enjoy exceptional resort-style amenities, including 24-hour concierge, fitness centre, yoga studio, indoor swimming pool, hot tub, wet & dry saunas, library, party room, theatre, media rooms, bicycle storage, outdoor lounge and terrace with BBQs and tanning deck. Adjacent to a beautiful 1.6-acre city park, offering convenient access to green space for relaxation and recreation. Experience sophisticated urban living in the heart of downtown Toronto! Excellent opportunity for Students/Investors or Professionals.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$495
LockerNone
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,069
mls© NumberC13885096
Listed ByKW Living Realty
Heat Included
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,220
Property tax
$256
Heat allowance
$150
Condo fees, half counted
$247
Housing costs
$3,873 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,800
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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