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New2 hours ago

3004 - 50 E Wellesley Street E

Church-Yonge Corridor, Toronto

$688,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Located in the heart of downtown Toronto, just steps from Wellesley Subway Station, TTC, shopping, dining, and within walking distance of the University of Toronto. This bright, newly painted corner suite features 2 split bedrooms, 2 full bathrooms, an open-concept modern kitchen, and a spacious wraparound balcony with unobstructed city view. Includes one parking space and one locker. A fantastic opportunity to enjoy convenient urban living in a prime location.

Extras

No extras listed.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$642
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,305
mls© NumberC13768980
Listed ByBAY STREET GROUP INC.
Common Elements Included
Parking 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%
$3,521
Property tax
$359
Heat allowance
$150
Condo fees, half counted
$321
Housing costs
$4,351 / mo

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

Down payment20% · $137,600
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,895 / mo
Cash down
$137,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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