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304 - 62 Wellesley Street W
Bay Street Corridor, Toronto
$745,000
Wait until you see this impressive tree-skimming, one bedroom plus TWO SOLARIUMS, 1245 sf suite in the heart of Queen's Park, U of T & Yorkville. Superbly nestled in one-of-the-most coveted enclaves in-town, with sparkling light & leafy park-like views, this is uniquely sophisticated living. Never lived in by the present owner, & meticulously maintained, this is a superb blend of classic & modern architecture. Featuring an open concept with a large dining room, perfect for dinner parties, overlooking the sunken living room that seamlessly flows to a versatile sitting room/solarium with wrap-around windows beyond - the space is luxurious. The spacious bedroom with wall of closets also boasts a separate sitting room/solarium with beautiful, airy views and is ideal for a home office or private reading alcove, making this a haven of tranquility & a rare find indeed. Truly, this reads as a very flexible 5+-room suite with its ample storage & its ensuite locker which could also be used as a small office. The easy flow, along with the practicalities of a full-size stacked washer & dryer, a 4-year-old fan coil unit & underground parking makes for an incomparable lifestyle. EXTRAS: An indoor pool, rooftop gardens, a fitness centre, a racquetball court, a sauna, a meeting room & 24-hout concierge are the prized, sought-after extras in this luxury building of just 101 suites. Here, this unparalleled vibrant location encompasses the "Mink Mile" with its international boutiques & top restaurants, U of T, Metropolitan (Ryerson) University, UHN Hospitals (4), lush parks, world-class museums & galleries, indoor food emporiums & 2 subway lines, with the Wellesley subway station steps away. Downtown, the Eaton's Centre & the financial district are walkable.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,122 |
| Locker | Ensuite |
| Balcony | None |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,998 |
| mls© Number | C14117586 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,813
- Property tax
- $333
- Heat allowance
- $150
- Condo fees, half counted
- $561
- Housing costs
- $4,858 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,135 / mo
- Cash down
- $149,000
Assumes no other monthly debts · 25-yr amortization
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