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Ph7 - 8 Wellesley Street E Toronto, Ontario M4Y 3B2

3 Bedroom 2 Bathroom

Fireplace Central Air Conditioning

$1,690,000
Maintenance,
$1,743.05 Monthly

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 (id:12178)

Property Details

MLS® Number	C8416864
Property Type	Single Family
Community Name	Church-Yonge Corridor
Amenities Near By	Place Of Worship, Hospital, Park, Public Transit
Community Features	Pet Restrictions, Community Centre
Features	Balcony, In Suite Laundry
Parking Space Total	1

Building

Bathroom Total	2
Bedrooms Above Ground	2
Bedrooms Below Ground	1
Bedrooms Total	3
Amenities	Exercise Centre, Sauna, Security/concierge, Storage - Locker
Appliances	Garage Door Opener Remote(s)
Cooling Type	Central Air Conditioning
Exterior Finish	Concrete
Fireplace Present	Yes
Type	Apartment

Parking

Underground

Land

Acreage	No
Land Amenities	Place Of Worship, Hospital, Park, Public Transit

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Foyer	3.25 m	1.73 m	3.25 m x 1.73 m
Main Level	Living Room	5.74 m	5.63 m	5.74 m x 5.63 m
Main Level	Dining Room	4.62 m	3.1 m	4.62 m x 3.1 m
Main Level	Kitchen	3.4 m	2.34 m	3.4 m x 2.34 m
Main Level	Primary Bedroom	5.08 m	4.22 m	5.08 m x 4.22 m
Upper Level	Loft	4.57 m	2.44 m	4.57 m x 2.44 m

https://www.realtor.ca/real-estate/27009595/ph7-8-wellesley-street-e-toronto-church-yonge-corridor

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Last Updated
June 15 2024 02:35:52

Data Provider
Toronto Real Estate Board

Listing Office
Engel & Volkers Oakville