PH7 - 8 Wellesley St E
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$1,789/mth
Taxes:
$5,279 (2024)
Cost Per Sqft:
$981/sqft
Outdoor Space:
Juliet Balcony
Locker:
Owned
Exposure:
East
Possession Date:
Flexible
Laundry:
Main
Amenities
About this Listing
Welcome to the entertainer's dream loft. This stunning 2+1 penthouse loft is in the heart of the city and just steps to Yorkville. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. 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 this lively neighbourhood, this residence offers endless possibilities. Soaring 13.5-foot concrete coffered ceilings and an 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. 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.
ExtrasIncognito Subzero Refrig/Freezer, Dacor Gas Cooktop & Wall Oven, Range Hood, Dw, Stackable W & D, Bar Fridge, Elfs, Window Coverings
forest hill real estate inc.MLS® #C12052014
Fees & Utilities
Maintenance Fees
Utility Type
Air Conditioning
Heat Source
Heating
Room Dimensions
Foyer
Living
Dining
Kitchen
Primary
Loft
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Building Trends At Eight Wellesley Street East
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
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Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Market Insights
Transaction Insights at Eight Wellesley Street East
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | No Data | $720,000 - $725,000 | No Data | $1,535,000 |
Avg. Cost Per Sqft | No Data | No Data | $734 | No Data | $799 |
Price Range | $2,050 - $3,100 | $2,380 - $2,650 | $2,000 - $4,550 | No Data | $4,000 - $4,500 |
Avg. Wait for Unit Availability | 152 Days | 536 Days | 120 Days | 1251 Days | 1071 Days |
Avg. Wait for Unit Availability | 89 Days | 494 Days | 74 Days | 1016 Days | 495 Days |
Ratio of Units in Building | 38% | 17% | 35% | 3% | 9% |
Market Inventory
Total number of units listed and sold in Church - Toronto