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New3 hours ago

407 - 225 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$548,000

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

Bright, beautiful, and exceptionally functional! Spanning 675 SQ FT, this sunlit open-concept unit features a flexible 1 Bed + Den layout with 2 full/half bathrooms. The primary retreat boasts double closets and a 5-piece ensuite, while the multi-use den is perfect for a 2ndbedroom or executive office. Enjoy a functional kitchen, full-size laundry, and a walk-out to a generous private balcony. Bonus: Rare 2-bath layout, plus included Parking & Locker!Building features a stunning rooftop terrace, gym, sauna, party room, and 24/7 concierge.Unbeatable location steps from TTC, groceries, schools, and community amenities

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$545
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,119
mls© NumberC14117712
Listed ByROYAL LEPAGE TERREQUITY REALTY
Heat Included
Building Insurance Included
CAC Included
Water Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,805
Property tax
$177
Heat allowance
$150
Condo fees, half counted
$273
Housing costs
$3,404 / mo

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

Down payment20% · $109,600
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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