| Heat Included | |
| Building Insurance Included | |
| CAC Included | |
| Water Included | |
| Common Elements Included | |
| Parking Included |
New2 hours ago
407 - 225 Wellesley Street E
Cabbagetown-South St. James Town, Toronto
$548,000
Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home
Bright, beautiful, and exceptionally functional! Spanning 675 SQ FT, this sunlit open-concept unit features a flexible 1 Bed + Den layout with 2 full/half bathrooms. The primary retreat boasts double closets and a 5-piece ensuite, while the multi-use den is perfect for a 2ndbedroom or executive office. Enjoy a functional kitchen, full-size laundry, and a walk-out to a generous private balcony. Bonus: Rare 2-bath layout, plus included Parking & Locker!Building features a stunning rooftop terrace, gym, sauna, party room, and 24/7 concierge.Unbeatable location steps from TTC, groceries, schools, and community amenities
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $545 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,119 |
| mls© Number | C14117712 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,805
- Property tax
- $177
- Heat allowance
- $150
- Condo fees, half counted
- $273
- Housing costs
- $3,404 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $109,600
25-yr amortization
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,306 / mo
- Cash down
- $109,600
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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