Property Details

PH7-8 Wellesley St E, Toronto

$ 1,599,999

Description

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.

Incognito Subzero Refrig/Freezer, Dacor Gas Cooktop & Wall Oven, Range Hood, Dw, Stackable W & D, Bar Fridge, Elfs, Window Coverings

Additional Details

  • Unit No.
    PH7
  • Total Area
    1400-1599
  • Community
    Church-Yonge Corridor
  • Property Style
    Loft
  • Taxes
    $4917.1 (2023)
  • Garage Space
    1
  • Garage Type
    Underground
  • Air Conditioning
    Central Air
  • Heating Type
    Fan Coil
  • Kitchen
    1
  • Basement
    None
  • Pets Permitted
  • Condo Inclusives
    Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included
  • Listing Brokerage
    ENGEL & VOLKERS OAKVILLE

Features

  • Fireplace

Location

8 Wellesley St E , Toronto, Ontario M4Y 3B2

Nearby Schools

Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

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Listing Brokerage

  • ENGEL & VOLKERS OAKVILLE

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

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