| Heat Included | |
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| Building Insurance Included | |
| Parking Included | |
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311 - 225 Wellesley Street E
Cabbagetown-South St. James Town, Toronto
$519,900
Welcome to your dream urban oasis! This exceptionally designed 1-bedroom plus den, 2-washroom residence offers the perfect blend of modern sophistication and functional living space. Every square foot of this bright and airy layout has been optimized to deliver comfort and convenience. Step inside to find an expansive open-concept living and dining area flooded with natural light from floor-to-ceiling windows. The contemporary chef's kitchen features premium, high-end finishes, clean lines, seamless integrated appliances, and a beautiful sleek countertop that doubles as a breakfast bar. The oversized, separate den provides a versatile, private room that can easily transform into a dedicated home office, a cozy media lounge, or an inviting guest space. Unlike standard floor plans, this premium unit offers the rare luxury of two washrooms, including a two shower ensuite in the primary bedroom, with plenty of space and modern fixtures. The generous primary suite acts as a peaceful retreat, complete with excellent closet space and pristine finishes. Your living space extends outdoors to a personal balcony, perfect for morning coffee. This unit checks every single box, coming fully equipped with a dedicated underground parking space and a secure, private storage locker. Situated near historic Cabbagetown, this unit is walkable to transit, shops nearby, dining areas, parks, and plenty more! Don't miss out on the incredible value offered for this fantastic home!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,661
- Property tax
- $208
- Heat allowance
- $150
- Condo fees, half counted
- $327
- Housing costs
- $3,346 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$103,000
gross annual household income
- Payment at 4%
- $2,188 / mo
- Cash down
- $103,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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