8 Wellesley St E
Unit PH7
Toronto C08 | Church-Yonge Corridor | M4Y 3B2- 2 + 1
- 2
- 1
$1,599,999
Est. Mtg $5,425 /mo-
Days on market
79
-
Status
New
Home details
- MLS #:
C9056543
- Property type:
- Condo Apt
- Style:
- Loft
- Taxes:
- $4,917
- Possession:
- Flexible
- Locker:
- Owned
- View:
- E
- Maintenance:
- $1,743
- Management:
- Gpm Management
- SQFT:
- 1400-1599
Description
8 Wellesley St E, PH7, Toronto, Ontario is a Condo Apt property in Toronto C08 and in the Church-Yonge Corridor community in the M4Y 3B2 postal code
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..
Extras
Incognito Subzero Refrig/Freezer, Dacor Gas Cooktop & Wall Oven, Range Hood, Dw, Stackable W & D, Bar Fridge, Elfs, Window Coverings.
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2024-07 | 2024-07 | $1,599,999 | $1,599,999 | New | C9056543 |
2024-06 | 2024-07 | $1,690,000 | $1,690,000 | Sus | C8416864 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2024-09 | 155 Dalhousie St, 747 | $899,000 | $865,000 | 17 |
2024-08 | 155 Dalhousie St, 948 | $899,000 | $882,300 | 12 |
2024-08 | 155 Dalhousie St, 739 | $899,900 | $875,000 | 94 |
2024-05 | 155 Dalhousie St, 830 | $739,000 | $730,000 | 8 |
2024-04 | 155 Dalhousie St, 1012 | $1,149,900 | $1,100,000 | 51 |
2024-03 | 155 Dalhousie St, 712 | $1,135,000 | $1,085,000 | 34 |
2024-03 | 155 Dalhousie St, 955 | $958,000 | $1,050,000 | 7 |
2024-01 | 17 Dundonald St, 1703 | $829,900 | $800,000 | 7 |
2023-09 | 155 Dalhousie St, 914 | $1,549,800 | $1,517,000 | 13 |
2023-02 | 155 Dalhousie St, 1008 | $1,049,000 | $1,000,000 | 8 |
2023-01 | 155 Dalhousie St, 1023 | $1,199,000 | $1,148,000 | 33 |
2022-11 | 155 Dalhousie St, 809 | $1,199,000 | $1,210,500 | 38 |
2022-11 | 77 Lombard St, 304 | $689,000 | $658,135 | 53 |
2022-08 | 135 Dalhousie St, 308 | $755,000 | $730,000 | 60 |
2022-06 | 155 Dalhousie St, 656 | $1,295,000 | $1,225,000 | 16 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Condo Apt
Sale activity
Toronto C08 :
181
$792,087
490
-1.20%
Municipality activity All Property Types
Sale activity
Toronto C08 :
$872,179
202
519
19
101%
-2.87%
Sale Chart - Condo Apt
Toronto C08 Average Price (2 Years):
Sale Chart - Condo Apt
TRREB Total Average Price (2 Years):
Estimated running costs for 8 Wellesley St E - PH7
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $5425 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $409 p/m
- Maintenance
- $1743 p/m
Amenities:
-
Concierge
-
Exercise Room
-
Rooftop Deck/Garden
-
Sauna
Features:
-
Hospital
-
Park
-
Place Of Worship
-
Public Transit
-
Rec Centre
Payment calculator
-
Principal and Interest
5425 /mo
-
Property Taxes
$409 /mo
-
Yearly Condo Fees
$1743
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.