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
City: Toronto
Neighborhood: Church-Yonge Corridor
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| May 8, 2023 | 49 | $1,699,999 | N/A | Terminated | C5959876 |
| Apr 12, 2023 | 75 | $9,000 | N/A | Terminated | C6022845 |
| Apr 4, 2023 | 34 | $1,799,999 | N/A | Terminated | C6007877 |
| Jan 25, 2023 | 66 | $10,700 | N/A | Expired | C5880854 |
| Jan 12, 2023 | 13 | $12,000 | N/A | Terminated | C5868457 |
| May 24, 2022 | 3 | $1,475,000 | $1,450,000 | Sold | C5629957 |
| Apr 5, 2022 | 49 | $1,599,000 | N/A | Terminated | C5564133 |
| Sep 20, 2007 | 25 | $649,900 | $620,000 | Sold | C1227339 |
| Nov 15, 2003 | 185 | $489,900 | $460,000 | Sold | C362596 |
Located at 8 Wellesley St E Unit #PH7, this Toronto condo was listed for $1,690,000. This condo's size is 1400-1599 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $1,743 per month and taxes are approximately $4,918 annually. Views are to the East from this property. Step outside onto the open balcony. The property's amenities include Concierge, Exercise Room, Rooftop Deck/Garden, Sauna. The property includes the following rooms: Foyer, Living, Dining, Kitchen, Prim Bdrm, Loft. This property comes with 1 parking spots. This property also comes with a locker. are included with this property. 8 Wellesley St E, Toronto is situated in the Church-Yonge Corridor neighbourhood.
MLS#: C8416864 · $1,690,000 · 2 bedroom condo in Church-Yonge Corridor, Toronto