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New2 hours ago

3104 - 11 Wellesley Street W

Bay Street Corridor, Toronto

$649,000

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

Luxury 1 Bedroom Plus Den Condo Built by Lanterra in the Heart of Downtown Toronto. South-facing unit featuring an open-concept kitchen with granite countertops and a walk-out balcony offering beautiful city views. Spacious primary bedroom with plenty of natural sunlight, freshly painted. Conveniently located close to the University of Toronto, Toronto Metropolitan University (formerly Ryerson University), supermarkets, restaurants, and the Financial District. Just a 3-minute walk to Wellesley Subway Station. Includes an extra-large parking spot. Outstanding building amenities include an indoor pool, saunas, hot tub, gym, yoga studio, party room, and lounge.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$589
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,606
mls© NumberC13636766
Listed ByROYAL ELITE JERRY WEN REALTY INC.
Parking Included
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%
$3,322
Property tax
$301
Heat allowance
$150
Condo fees, half counted
$295
Housing costs
$4,067 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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