$1,599,999 FOR SALE

Condo Apartment Loft

Bedrooms: 2+1Bathrooms: 2
Maintenance Fees: $1,743.05

8 Wellesley Street E #PH7
Toronto C08, ON M4Y 3B2

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 (id:47423)

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Listed By ENGEL & VOLKERS OAKVILLE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9056543
Last Updated Jul 26, 2024
Property Summary
Property Type Condo Apartment

More like this:
Maintenance Fees $1,743.05
Community Church-Yonge Corridor
Price History
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Detailed Information
Bedrooms 2+1
Bathrooms 2
Amenities Nearby Place of Worship, Hospital, Park, Public Transit
Community Features Pet Restrictions, Community Centre
Equipment Water Heater
Features Balcony, In suite Laundry
Listing Contract Date 2024-07-24
Location Description Yonge/Wellesley
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Parking, Water, Insurance
Management Company Gpm Management
Ownership Type Condominium/Strata
# of Parking Spaces 1
Property Type Single Family
Rental Equipment Water Heater
Transaction Type For sale
Building
Amenities Exercise Centre, Sauna, Security/Concierge, Fireplace(s), Storage - Locker
Appliances Garage door opener remote(s)
Architectural Style Loft
Cooling Type Central air conditioning
Exterior Finish Concrete
Fireplace Present Yes
Type Apartment
Rooms
Room Level Dimensions Notes
FoyerMain level3.25 m x 1.73 m
Living roomMain level5.74 m x 5.63 m
Dining roomMain level4.62 m x 3.1 m
KitchenMain level3.4 m x 2.34 m
Primary BedroomMain level5.08 m x 4.22 m
LoftUpper Level4.57 m x 2.44 m
Parking Spaces
Name Spaces
Underground
Land
Amenities Place of Worship, Hospital, Park, Public Transit

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