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New1 hour ago

406 - 159 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$575,000

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

Discover the comfort and convenience of 406-159 Wellesley St. E., a stylish condo come with a parking and oversize locker. With 609 sq. ft. of smartly used space, this home features a welcoming primary bedroom with balcony walk-out, plus a den perfect for your office or creative corner. An in-suite washer/dryer adds everyday ease. Residents enjoy a full suite of amenities, including a gym, sauna, games and party rooms, rooftop deck and garden, guest suite, BBQ area, and concierge. Buyer can assume the Tenants or vacant possession with 60 days' notice. Photos show the unit before and during tenancy, picture the charm of this gem once personalized to your taste.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$719
LockerExclusive
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,246
mls© NumberC13639860
Listed ByRE/MAX EXCEL REALTY LTD.
Common Elements Included
Building Insurance 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%
$2,943
Property tax
$270
Heat allowance
$150
Condo fees, half counted
$360
Housing costs
$3,723 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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