8 Wellesley Street E Unit Ph 7, Toronto
- Bedrooms: 2
- Bathrooms: 2
- Living area: 1507 square feet
- MLS®: 40625023
- Type: Apartment
- Added: 43 days ago
- Updated: 43 days ago
- Last Checked: 4 hours ago
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. (id:1945)
powered by
Property Details
- Cooling: Central air conditioning
- Heating: Forced air
- Structure Type: Apartment
- Exterior Features: Concrete
- Architectural Style: Loft
- Construction Materials: Concrete block, Concrete Walls
Interior Features
- Basement: None
- Appliances: Refrigerator, Dishwasher, Hood Fan, Window Coverings
- Living Area: 1507
- Bedrooms Total: 2
- Above Grade Finished Area: 1507
- Above Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Owner
Exterior & Lot Features
- Lot Features: Balcony
- Water Source: Municipal water
- Parking Total: 1
- Parking Features: None
- Building Features: Exercise Centre
Location & Community
- Directions: Yonge and Wellesley
- Common Interest: Condo/Strata
- Street Dir Suffix: East
- Subdivision Name: TCCY - Church-Yonge Corridor
- Community Features: Community Centre
Property Management & Association
- Association Fee: 1743.05
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Annual Amount: 4917.1
- Zoning Description: CR
Room Dimensions
This listing content provided by REALTOR.ca has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat
Active listings
1001
Min Price
$110,000
Max Price
$4,579,900
Avg Price
$982,762
Days on Market
150 days
Sold listings
261
Min Sold Price
$499,900
Max Sold Price
$2,699,000
Avg Sold Price
$1,029,127
Days until Sold
69 days