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$549K · 2 bed Condo Apartment · Church-Yonge Corridor, Toronto | MyPropertyScout

$549,000

Unit 1001

42 DOM

2142d

Map

DOM 42

$549,000

DOM42days

Unit 1001

8 Wellesley Street · Toronto · Ontario M4Y 3B2

MLS® C13146706 · Church-Yonge Corridor · M4Y 3B2

21TenantOccupied700-799 ft²Condo Apartment1-car Underground42d$732/ft²$3,054 tax/yr

42 days on market

About this home

Location! located at the heart of Toronto, Yonge/Wellesley, steps to UofT, TMU, Wellesley subway station, street cars, hospitals, medical research center, Eaton Centre, Yorkville shopping center, bars, restaurants, banks. 2-bedroom, large window, 10 ft ceiling, fabulous roof terrace & facilities, 24 hr concierge, one parking & one locker included.

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Property details

MLS#: C13146706
Status: Buy Now
Beds: 2
Baths: 1 full, 0 half
Size: 700-799
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Public Transit

Condo corp #: 1147
Balcony: Juliette
Locker: Owned
Association amenities: Exercise Room, Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Common Elements Included, Building Insurance Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Yonge/Wellesley
Basement: None
Stories: 9
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: Underground

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: MASTER`S TRUST REALTY INC.

Source: TRREB/PROPTX · MLS® C13146706

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$549K

Unit 1001 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,000✓ $3,054 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,324/mo

incl. closing costs (yr 1)

Annual total

$63,888

year 1

Mortgage only

$2,083/mo

principal + interest

Beyond mortgage

$2,162/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$255/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,490/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$85/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $24,993/yr

Property taxes16% $10,509/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,490/yr

Condo fees19% $12,236/yr

Closing costs8% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,993	$2,083/mo
Government & taxes
Property tax	$3,054	$255/mo
Land transfer tax(closing)	$7,455	$621/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,490	$458/mo
Condo fees
Condo / HOA fees	$12,236	$1,020/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$63,888	$5,324/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1001

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs