Condo for sale at 507-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2 - MLS: C12219428

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507-8 Wellesley Street

Toronto, Ontario, M4Y 3B2

$425,000

Neighbourhood

Church-Yonge Corridor
Major Intersection

Yonge & Wellesley

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

500-599
Exposure

South
Total Parking

n/a
Maintenance

$625
Taxes

$2,024.27 (2024)
Balcony

Jlte

Property description for 507-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2

**Attention First-time buyers** Priced to Sell. Your chance to own 1-bed steps from Yonge/Wellesley subway entrance for an affordable price. Large 564 sq. ft. condo features 10 foot high ceilings, floor-to-ceiling windows and open-concept living and dining area with a Juliette balcony. The kitchen features a custom stainless-steel breakfast bar perfect for an urban living. The spacious primary bedroom offers abundant natural light with floor-to-ceiling windows and a double closet for ample storage. Amenities include 24 hr concierge, fitness centre, party room, and a rooftop deck with BBQs and loungers ideal for entertaining or relaxing in the heart of the city. Short walk to Toronto Metropolitan University, University of Toronto, Eaton Centre, major hospitals, shopping and dining. Don't miss out on this incredible opportunity to get into the market right on subway line.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Property details

MLS #

C12219428
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Rooftop Deck/Garden,Party/Meeting Room,Gym
Maintenance Fee Includes

Water
Property Management

GPM Property Management: 905-669-0222
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12219428
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Rooftop Deck/Garden,Party/Meeting Room,Gym
Maintenance Fee Includes

Water
Property Management

GPM Property Management: 905-669-0222
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

4.6 x 3.8 ft Flat level

Combined W/Dining, hardwood floor, Window Flr to Ceil
Dining

3.8 x 4.6 ft Flat level

Combined W/Living, hardwood floor, South View
Kitchen

2.7 x 2.4 ft Flat level

Custom Counter, Breakfast Bar, Pot Lights
Primary

3.2 x 3.2 ft Flat level

hardwood floor, Closet Organizers, Window Flr to Ceil

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 507-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2

This property has been sold 3 times before.

To view this property's sale price history please sign in or register

Local Real Estate Price Trends

Active listings

494

Average Selling Price of a Condo Apt

May 2025

$730,610

Last 3 Months

$669,654

Last 12 Months

$678,832

May 2024

$667,481

Last 3 Months LY

$724,991

Last 12 Months LY

$733,314

Change

-9%

Change

Number of Condo Apt Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

43%

Change

33%

Change

16%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-15%

Change

-16%

Change

-14%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.