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MLS® listing

81 Wellesley Street E 2001: common element condo for sale

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$699,000

2 bedrooms, 2 bathrooms, Common Element Condo · Church-Yonge Corridor · near Wellesley St E/Church St

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From the listing brokerage

***Three Years New 2 Bedrooms Luxury Condo Unit On Higher Floor At Eighty One Wellesley In The Vibrant Church And Wellesley Neighborhood***939 Sq.Ft + 141 Sq.Ft Balcony***9ft High Ceiling***Open Concept Modern Kitchen with Rarely Offered GAS Stove***Floor To Ceiling Windows***B/I High End Appliances***Hardwood Floor***Master Ensuite W/ B/I Linen Closet***Two Balconies***Large Balcony With Built-In Gas Connection***Prime Location, Steps To Yonge , Subway, Shopping, U Of T***State Of The Art Amenities***24Hr Concierge***3 Mins Walk To Wellesley Subway Station***

Facts on the listing

Square feet900-999
Approximate age0-5
StyleApartment
BasementNone
Parking spaces0
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$727
Property tax$4,917
Tax year2026
LockerOwned
PetsYes-with Restrictions
ExposureSouth East
Fee includesCommon Elements Included, Building Insurance Included
BalconyOpen
LaundryIn Area
Interior featuresNone
Floor20

Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS® C13835608.

About this common element condo

81 Wellesley Street E 2001 is a 2 bedroom common element condo in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $699,000. The listing shows 2 bathrooms and 900-999 square feet. The style is given as apartment. The unit faces south east. It comes with an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Wellesley St E/Church St. The age is listed as 0-5 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

What it costs to buy 81 Wellesley Street E 2001

At the asking price of $699,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$699,000
Ontario land transfer tax$10,455
Toronto municipal land transfer tax$10,455
Both taxes$20,910
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$44,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$727 a month
Property tax (2026)$4,917 a year, about $410 a month
Fee and tax togetherabout $1,137 a month

The listing says the maintenance fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

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Questions about 81 Wellesley Street E 2001

How much is land transfer tax on 81 Wellesley Street E 2001?

At the asking price of $699,000 the Ontario tax is $10,455 and the Toronto tax is $10,455, $20,910 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 81 Wellesley Street E 2001?

$44,900 at the asking price of $699,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 81 Wellesley Street E 2001?

The listing shows $727 a month, including common elements and building insurance. Check the current fee in the status certificate.

How much is the property tax on 81 Wellesley Street E 2001?

The listing shows $4,917 a year for 2026, about $410 a month.

How do I book a showing for 81 Wellesley Street E 2001?

Use the form on this page or call us. Quote MLS® C13835608. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 81 Wellesley Street E 2001 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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