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1 / 38
New2 hours ago

2501 - 159 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$518,000

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

Gorgeous 1 Bedroom + Den Suite In The Heart Of Downtown Toronto. High Ceilings, Modern Kitchen With Newly Stainless Steel Appliances. Open Concept Layout Perfect For Both Entertaining & Everyday Living. Open Balcony With Beautiful Views. Mins walk to TTC Subway, Yorkville, U of T, TMU, Eaton Centre & Restaurants. 24 Hour Concierge, Bicycle Room, Indoor Fitness Studio w/ Yoga Room & Sauna. Ideal For First Time Buyers, Investors, Singles, Couples.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$530
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,062
mls© NumberC14161324
Listed ByCENTURY 21 MYPRO REALTY
Common Elements Included
Building Insurance Included

Listing History

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

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%
$2,651
Property tax
$255
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$3,322 / mo

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

Down payment20% · $103,600
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,180 / mo
Cash down
$103,600

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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