$1,599,999 FOR SALE

Condo Apartment Loft

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

8 Wellesley Street E Unit# Ph7
Toronto, 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. (id:47423)

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Listed By Engel & Volkers Oakville
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number 40625023
Last Updated Sep 23, 2024
Property Summary
Property Type Condo Apartment

More like this:
Maintenance Fees $1,743.05
Subdivision TCCY - Church-Yonge Corridor
Price History
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Detailed Information
Bedrooms 2
Bathrooms 2
Amenities Nearby Park, Schools, Shopping
Community Features Community Centre
Features Balcony
Listing Contract Date 2024-07-24
Location Description Yonge and Wellesley
Maintenance Fee Payment Frequency Monthly
Ownership Type Condominium
# of Parking Spaces 1
Property Type Single Family
Storage Locker
Transaction Type For sale
Zoning Description CR
Building
Amenities Exercise Centre
Appliances Dishwasher, Refrigerator, Hood Fan, Window Coverings
Architectural Style Loft
Basement Type None
Construction Material Concrete block, Concrete Walls
Construction Style (Attachment) Attached
Cooling Type Central air conditioning
Exterior Finish Concrete
Fixture Ceiling fans
Heating Type Forced air
Type Apartment
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
LoftSecond level15'0'' x 8'0''
3pc BathroomMain levelMeasurements not available
Full bathroomMain levelMeasurements not available
BedroomMain level8'8'' x 8'0''
Primary BedroomMain level16'8'' x 13'10''
KitchenMain level11'2'' x 7'8''
Dining roomMain level15'2'' x 10'2''
Living roomMain level18'10'' x 18'6''
FoyerMain level10'8'' x 5'8''
Parking Spaces
Name Spaces
None
Land
Total Size Unknown
Amenities Park, Schools, Shopping
Sewer Municipal sewage system

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