311 Wellesley Street E
Cabbagetown-South St. James Town, Toronto
$1,000,000
Welcome to 311 Wellesley St E! A great opportunity to own an end-unit townhouse in the heart of Toronto with tons of potential. This 1-bedroom, 1-bathroom home features a large loft area that could easily work as a second bedroom, home office or extra living space. Out back, you'll also find a private detached garage with parking for one car, a huge bonus for downtown living. Close to transit, parks, shops, restaurants and everything the city has to offer, this is a great option for a first-time buyer, investor or anyone looking for a home they can update and make their own. *This Is An Estate Sale. Property And All Chattels/Fixtures Included In The Sale Are Being Sold In "As Is, Where Is" Condition With No Representations Or Warranties By The Seller Or Listing Brokerage.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,746 |
| Lot Size | 20 ft x 59 ft |
| mls© Number | C13815038 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $5,118
- Property tax
- $479
- Heat allowance
- $150
- Housing costs
- $5,747 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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