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New3 hours ago

2305 - 81 Wellesley Street E

Church-Yonge Corridor, Toronto

$689,900

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

Welcome To Eight One Wellesley! Nestled In The Vibrant Village Community - This Rustic Fully Furnished 1 Bedroom Suite Features An Approximately 1,500 Sf Exterior With Unobstructed North Views Of Toronto. This Features A Gas Line For BBQs, Balcony, Terrace, & Green Space, Maintained By The Condo Corporation. Optimal For Social Gatherings, Hosting Parties, Dinners, BBQs, & Enjoying Long Summer Nights! Immaculate & Well-Kept, 670 Sf Interior Living With Sun-Filled Open Concept Floorplan. Laminate Flooring Throughout, Chic Built-In & Stainless Steel Appliances, Sleek Cabinetry, Quartz Countertops, Glass Backsplash, Spa-Styled Bathroom With Glass Shower Wall, Bright Finishes Throughout, Exposed Concrete, & Wall-To-Wall Windows. Unit Being Sold Fully Furnished & Decorated - Nearly 20K Value, With Underground Parking, Bicycle Locker, & Storage Locker. Shows Very Well, Great For First Time Buyers or Investors! Option To Purchase 2nd Underground Parking Space From Owner.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$652
LockerOwned
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,742
mls© NumberC13726340
Listed ByROYAL LEPAGE CERTIFIED REALTY
Heat Included
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%
$3,531
Property tax
$395
Heat allowance
$150
Condo fees, half counted
$326
Housing costs
$4,402 / mo

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

Down payment20% · $137,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$2,903 / mo
Cash down
$137,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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