| Common Elements Included | |
| Building Insurance Included |
New6 days ago
404 - 159 Wellesley Street E
Cabbagetown-South St. James Town, Toronto
$499,000
Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home
"MOTIVATED SELLER - PRICED TO SELL! DON'T MISS OUT! Welcome to this beautifully maintained condo in the heart of the downtown core. Freshly painted throughout, this bright and functional unit features 1 bedroom, a versatile den, and 2 full bathrooms, including a private ensuite in the primary bedroom. Enjoy a south-facing balcony, plus 1 parking space and 1 locker. Ideally located close to dining, shopping, entertainment, nightlife, parks, and cultural attractions. Perfect for first-time buyers or investors looking for a prime downtown property with excellent rental potential. Motivated seller - priced to sell and won't last long! Sold in As-Is Where-Is Condition. Seller Makes no Representations or Warranties. Property being sold Under Power of Sale.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $667 |
| Locker | Ensuite+Exclusive |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,129 |
| mls© Number | C13745760 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $2,554
- Property tax
- $261
- Heat allowance
- $150
- Condo fees, half counted
- $333
- Housing costs
- $3,298 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $99,800
25-yr amortization
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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