8 Wellesley Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
** ONE YEAR MAINTENANCE FEES PAID ** Welcome to 8 Wellesley Street East, a unique boutique condo in downtown Toronto with a blend of modern design and city convenience. The open-concept layout features engineered hardwood floors ('21), while 10.5'-foot coffered ceilings add a spacious feel with pot lights for added ambiance. The completely renovated kitchen ('21) boasts new cabinetry, a waterfall granite countertop with a breakfast bar, undermount sink, under cabinet lighting, ambient above cabinet lighting and 12"x24" porcelain floors. The large primary bedroom provides ample space for your furnishings and the den boasts a murphy bed/desk system. Relax at the end of the day in the whirlpool bathtub. A rooftop garden with a barbeque area offers a serene escape from the city, perfect for relaxation or hosting friends. The building's prime location places you steps from UofT, TMU and all that Yorkville has to offer. The Wellesley subway station is at your doorstep, for the ultimate in convenience. Freshly painted and recently renovated, this unit is move-in ready. The boutique nature of the building fosters a sense of community, offering a personal touch with a concierge and exceptional security. **EXTRAS** Whirlpool bath, pot lights, coffered ceilings, stainless steel appliances. 1 parking space (owned). Exclusive use locker on the same floor as the unit. This is a pet friendly building and best of all - 100% walking score!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Wellesley Street E 203, Toronto C08, ON M4Y 3B2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $499,900 in Toronto, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
