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New5 days ago

902 - 62 Wellesley Street W

Bay Street Corridor, Toronto

$950,000

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

Experience Elegant Downtown Living In This Spacious 2-Bedroom, 2-Bathroom, 2-Solarium Suite Located In A Prestigious Boutique Building With Only 6 Suites Per Floor. Set In A Safe, Quiet, And Exceptionally Well-Maintained Environment, This Pet-Free Residence Of Nearly 1,500 Sq Ft Features A Sunken Living Room, An Eat-In Kitchen, An Ensuite Storage Locker, And One Parking Space. Enjoy A Full Range Of Amenities Including A 24-Hour Concierge, Visitor Parking, Indoor Pool, Exercise Room, Sauna, Squash Court, And A Rooftop Terrace With Stunning City Views. Ideally Situated Just Steps From Queens Park, The University Of Toronto, Major Hospitals, Public Transit, Subway Stations, Bus Stops, And Yorkville's Finest Restaurants, Cafes, Shopping Centres, And Grocery Stores, This Home Offers The Perfect Blend Of Urban Convenience And Residential Tranquility. Includes Two Solariums Measuring 200 Sq Ft Approx. !

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,400
LockerEnsuite
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,044
mls© NumberC13620642
Listed ByRE/MAX CONDOS PLUS CORPORATION
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included
CAC 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%
$4,863
Property tax
$337
Heat allowance
$150
Condo fees, half counted
$700
Housing costs
$6,050 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

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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