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New2 hours ago

3002 - 159 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$429,900

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

Bright And Modern 1-Bedroom Condo In The Heart Of Downtown Toronto! This Efficiently Designed 491 Sq Ft High-Floor Unit Offers Stunning Unobstructed Views Of Downtown Toronto Through Floor-To-Ceiling Windows. Thoughtfully Designed Layout With Separate Living And Kitchen Areas Creates A More Functional Living Space And Added Privacy, With Potential Flexibility For Two Person Living Arrangements. Features 9-Ft Ceilings, Premium Laminate Flooring, And Contemporary Finishes Throughout. Modern Kitchen Includes Quartz Countertops, Sleek Cabinetry, And Built-In Stainless Steel Appliances. Spacious Bedroom With Large Closet Conveniently Positioned Away From Main Living Area. Includes One Locker For Additional Storage. Exceptional Downtown Location Steps To TTC, Subway, TMU, University Of Toronto, Eaton Centre, Restaurants, Grocery Stores, Parks, And Major Hospitals. Enjoy Outstanding Building Amenities Including Fully Equipped Gym, Rooftop Terrace, Party Room, Visitor Parking, And 24-Hour Concierge. Perfect Opportunity For First-Time Buyers, Young Professionals, Or Investors Looking For A Turnkey Unit In One Of Toronto's Most Convenient And High-Demand Locations.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$493
LockerOwned
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,742
mls© NumberC13652206
Listed ByROYAL LEPAGE TERREQUITY CAPITAL REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Condo Taxes Included
CAC 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%
$2,200
Property tax
$228
Heat allowance
$150
Condo fees, half counted
$246
Housing costs
$2,825 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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