8 Wellesley Street E Unit# Ph7, Toronto, Ontario

$1,599,999

Previous Next

2

Beds

2

Baths

1,507

Square feet

About 8 Wellesley Street E Unit# Ph7

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:36535)

Features of 8 Wellesley Street E Unit# Ph7

Listing # 40625023
Price $1,599,999
Bedrooms 2
Bathrooms 2.00
Square Footage 1,507
Acres 0.00
Type Single Family
Sub-Type Condominium
Style Loft

Community Information

Address 8 Wellesley Street E Unit# Ph7
Subdivision TCCY - Church-Yonge Corridor
City Toronto
Province Ontario
Postal Code M4Y3B2

Amenities

Amenities Park, Schools, Shopping, Exercise Centre
Features Balcony
Parking Spaces 1
Parking None
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling fans
Appliances Dishwasher, Refrigerator, Hood Fan, Window Coverings
Heating Forced air
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Exterior Concrete
Construction Concrete block, Concrete Walls

Listing Details

OfficeCourtesy Of Jo-anne Copeland Of Engel & Volkers Oakville

Listing Map