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New3 hours ago

1811 - 24 Wellesley Street W

Bay Street Corridor, Toronto

$739,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Rarely Available & One of the Largest Suites in the Building! This exceptionally spacious 1,198 sq. ft. three-bedroom residence offers an abundance of space and an unbeatable downtown Toronto location. Floor-to-ceiling windows bathe the home in natural light, while brand new engineered hardwood floors flow seamlessly throughout. The oversized living and dining area provides an ideal setting for both everyday living and entertaining, complemented by a renovated eat-in kitchen offering ample space for casual family meals. The rare third bedroom provides exceptional flexibility for growing families, professionals, guests, or a dedicated home office. An especially attractive opportunity for families with children attending the University of Toronto. Maintenance fees include all utilities, cable and internet, offering exceptional value and worry-free living. Enjoy premium building amenities including 24-hour concierge service, a fully equipped fitness centre with spectacular city views, and ample visitor parking. With an exceptional 100 Walk Score, this prime location places you just steps from Wellesley Subway Station, the University of Toronto, the Hospital District, world-class dining, shopping, and every urban convenience. A rare opportunity to own one of the building's largest three-bedroom suites in one of Toronto's most connected and vibrant neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,334
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,170
mls© NumberC13727560
Listed ByFOREST HILL REAL ESTATE INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance 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%
$3,783
Property tax
$348
Heat allowance
$150
Condo fees, half counted
$667
Housing costs
$4,947 / mo

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

Down payment20% · $147,800
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

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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