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Ph7 - 8 Wellesley Street E Toronto (Church-Yonge Corridor), Ontario M4Y 3B2

3 Bedroom 2 Bathroom
Loft Fireplace Central Air Conditioning

$1,599,999

Maintenance, Parking, Water, Insurance

$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:31697)

Property Details

MLS® Number C9056543
Property Type Single Family
Community Name Church-Yonge Corridor
AmenitiesNearBy Place Of Worship, Hospital, Park, Public Transit
CommunityFeatures Pet Restrictions, Community Centre
EquipmentType Water Heater
Features Balcony, In Suite Laundry
ParkingSpaceTotal 1
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsBelowGround 1
BedroomsTotal 3
Amenities Exercise Centre, Sauna, Security/concierge, Fireplace(s), Storage - Locker
Appliances Garage Door Opener Remote(s)
ArchitecturalStyle Loft
CoolingType Central Air Conditioning
ExteriorFinish Concrete
FireplacePresent Yes
Type Apartment

Parking

Underground

Land

Acreage No
LandAmenities Place Of Worship, Hospital, Park, Public Transit

Rooms

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

https://www.realtor.ca/real-estate/27219416/ph7-8-wellesley-street-e-toronto-church-yonge-corridor-church-yonge-corridor

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