8 Wellesley St E PH7

Church-Yonge Corridor, Toronto
$1.69M For Sale

Description

Looking for a RARE investment opportunity or a stunning spacious Penthouse Loft to call home in the heart of the city? This stunning 2+1 Bed Penthouse loft, nestled at Yonge and Wellesley, presents a rare chance to indulge in urban sophistication. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. Designed with the discerning investor in mind, this property presents a lucrative opportunity for short-term rentals and generated $111,936 in AirBnb bookings in 2023.8 Wellesley is a rare investment opportunity as it falls into a small group of condominiums which allow for STRs (short term rentals). Capitalize on Toronto's thriving hospitality industry and maximize your investment potential with ease. Whether you're looking to generate passive income or establish a place to call home in the heart of downtown, this residence offers endless possibilities.The soaring 13.5-foot concrete coffered ceilings enhance the sense of openness and freedom & the expansive layout provides ample space for relaxation, work, and entertainment. Experience the meticulous attention to detail throughout, including a custom industrial iron staircase to the mezzanine, Mahogany flooring, a fully upgraded 6 piece ensuite in the primary bedroom and a beautiful galley kitchen. The large windows flood the interior with natural light, creating a warm and inviting ambiance. Indulge in the ultimate urban lifestyle with unparalleled access to amenities, dining, shopping, and entertainment. From trendy cafes and boutiques to world-class cultural institutions, everything you desire is just steps away. Embrace the vibrancy of city living while enjoying the tranquility of your private sanctuary.Incognito Subzero Refrig/Freezer, Dacor Gas Cooktop & Wall Oven, Range Hood, Dw, Stackable W & D, Bar Fridge, Elfs, Window Coverings

Features

  • Facing: East
  • Bedrooms: 2+1
  • Bathrooms: 2
  • Garages: 1
  • Kitchens: 1

Details

  • Space: 1400-1599
  • Age: 16-30
  • Maintenance: $ 1743.05
  • Tax: $ 4917.10
  • C8416864
  • Listing contracted with: ENGEL & VOLKERS OAKVILLE
Room Size(M) Description
Foyer3.25x1.73

Living5.74x5.63

Dining4.62x3.10

Kitchen3.40x2.34

Prim Bdrm5.08x4.22

Loft4.57x2.44



Bathroom Pieces Level
1xBath6 pcs

Main

1xBath3 pcs

Main



Property Summary

Located close to the intersection of Yonge and Wellesley, #PH7-8 Wellesley St E is a 2+1 bedrooms 2 washrooms Condo Apt. The unit has a Single Underground Parking Space with a Locker. The property has many nice features including Rec Centre, Public Transit, Place Of Worship, Park and Hospital. Foyer, Living Room, Dinning Room, Kitchen and Primary Bedroom are on the Main floor; Loft is on the upper floor.

Eight Wellesley Street East

8 Wellesley St E was developed by real estate developer Shiu Pong. The age of the residential building is approximately 28 years. It has about 9 levels and 75 units. Eight Wellesley Street East offers amenities such as Gym, Concierge, Rooftop Deck/Garden, Party/Meeting Room and Sauna. The monthly maintenance fee includes Water. There are total 5 units for sale and 0 for lease in 8 Wellesley St E.


School Information

  • elementary schools
    Jesse Ketchum Junior and Senior Public School (Grade:7-8) 1683/3037
  • secondary schools
    Jarvis Collegiate Institute (Grade:9-12) 651/739
  • elementary schools
    Our Lady of Lourdes Catholic School (Grade:JK-8) 1119/3037
  • elementary schools
    Forest Hill Junior and Senior Public School (Grade:JK-8) 97/3037
  • elementary schools
    Winchester Junior and Senior Public School (Grade:0-8)
  • elementary schools
    King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037


Commute Information

Wellesley Subway Station (0km)
Union Go Train Station (2.2km)

Location