$1,599,999 FOR SALE

Condo Apartment Loft

Bedrooms: 2+1Bathrooms: 2
2023 Taxes: $4,917.1Maintenance Fees: $1,743.05

8 Wellesley St E #PH7
Toronto, ON M4Y 3B2 | Church-Yonge Corridor

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

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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:
PIN 121470110
Possession Date Flexible
Taxes (2023) $4,917.1
Maintenance Fees $1,743.05
Parking Legal Description B-4
Directions/Cross Streets Yonge/Wellesley
Neighbourhood Church-Yonge Corridor
Area Toronto
Condo Registry Office MTCC
Condo Corp # 1147
Price History
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Detailed Information
Unit # 6
Level 10
Exposure E
Property Features Hospital, Park, Place Of Worship, Public Transit, Rec Centre
Building Amenities Concierge, Exercise Room, Rooftop Deck/Garden, Sauna
Special Designations Unknown
Included Building Insurance Water Parking
Bedrooms 2+1
Bathrooms 2
Rooms 6
Kitchens 1
Approximate Square Footage 1400-1599
Approximate Age 16-30
Exterior Concrete
Air Conditioning Central Air
Family Room N
Fireplace/Stove Y
Balcony Jlte
Laundry Level Main
Basement None
Parking/Drive None
Garage Type Underground
Garage/Park Spaces 1.0
Total Parking Spaces 1.0
Parking Spot P2-4
Parking Type Owned
Locker Owned
Locker Level B
Locker Unit B1-6
Locker # B1-7
Pets Permitted Restrict
Heat Source Gas
Heat Type Fan Coil
Rooms
Room Level Dimensions Notes
FoyerMain3.25 m x 1.73 m (10.66 ft x 5.68 ft)
LivingMain5.74 m x 5.63 m (18.83 ft x 18.47 ft)
DiningMain4.62 m x 3.1 m (15.16 ft x 10.17 ft)
KitchenMain3.4 m x 2.34 m (11.15 ft x 7.68 ft)
Prim BdrmMain5.08 m x 4.22 m (16.67 ft x 13.85 ft)
LoftUpper4.57 m x 2.44 m (14.99 ft x 8.01 ft)
Bathrooms
Pieces Level
6Main
3Main

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