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$1,479,000Asking Price

#PH7 - 8 Wellesley Street, Toronto, ON M4Y 3B2 #6

Church and Wellesley, Toronto

Other
2 + 1
Bedrooms
2
Baths
1
Parking
Days on Market

Welcome to the entertainer's dream loft. This stunning 2+1 penthouse loft is in the heart of the city and just steps to Yorkville. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. 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 this lively neighbourhood, this residence offers endless possibilities. Soaring 13.5-foot concrete coffered ceilings and an 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. 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.

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Tour this home:

Welcome to the entertainer's dream loft. This stunning 2+1 penthouse loft is in the heart of the city and just steps to Yorkville. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. 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 this lively neighbourhood, this residence offers endless possibilities. Soaring 13.5-foot concrete coffered ceilings and an 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. 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.

Key Info

  • Loft Other
  • 1 Parking
  • Yonge/Wellesley
  • 1400-1599 Approximate Sq Feet
  • 16-30 Years Approximate Age
  • East Exposure
  • Ensuite Laundry
  • Owned Locker #B1-7
  • Gas Heating
  • Central Air

Property

  • $1,788 Monthly Condo Fees
  • Includes: Water, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Cable TV, Central A/C, Common Elements
  • Amenities: Concierge, Gym, Roof Deck, Sauna
  • Taxes were $5,278 in 2024
  • Possession: FLEX

Details

  • Concrete Exterior
  • Fireplace
  • 1 Kitchen
  •  
  • MLS #C12052014
  • FOREST HILL REAL ESTATE INC.

Extras

Room Floor Dimensions Details
1 Foyer Main 10.66' x 5.68'
2 Kitchen Main 11.15' x 7.68'
3 Loft Upper 14.99' x 8.01'
Washroom1 6-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Main Floor

Who lives here?

Church and Wellesley, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, education, law & public sector and arts & culture professionals and salespeople. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

64% of residents are
single and loving it.

64% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

76% of residents
are renters.

76% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

67% of residents are
university grads.

67% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$89K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 15%
Government 11%
Sciences 9%
Management 9%

Immigrants

36% of residents were
born outside of Canada.

36% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 3.5% of immigrants.
China 3.2%
Philippines 2.6%
Caribbean 1.6%
Iran 1.4%

3.5% from India
All-time

Birthplace - Recent

India was once home to 1.5% of immigrants.
China 1.2%
Philippines 0.7%
UK 0.6%
Iran 0.4%

1.5% from India
Recent

Foreign Languages

Foreign Languages

Mandarin 4%
French 4%
Spanish 3%
Korean 2%
Cantonese 2%

Religions

Religions

Christian 44%
Jewish 4%
Muslim 3%
Hindu 3%
Buddhist 2%

Social Housing

Social Housing Buildings

4

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

4

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)