8 Wellesley Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $4,400 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Parking available at +$225 a month. Beautiful 3-bedroom + den, 2-bathroom (+Locker) suite features a spacious open-concept layout with clear views to the south and east. The modern kitchen is equipped with built-in appliances and soft-close cabinetry, while the primary bedroom includes a generous closet and a 4-piece ensuite. The versatile den offers additional space ideal for a home office or study area. Perfect for families, students, and professionals, the suite offers direct access to the subway and TTC, and is just minutes from the Financial District, University of Toronto, TMU (Ryerson), and top schools. Enjoy walking distance to premier shopping, dining, cultural landmarks, and entertainment. Residents have access to exceptional amenities including a 24/7 fitness centre, yoga studio, sports simulator, pet spa, guest suites, co-working spaces, rooftop BBQ area, and more. Locker is convenient located on same floor as the suite. Property is currently tenanted, photos taken are from when it was vacant. Roller blinds have been installed already.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Wellesley Street W 708, Toronto, ON M4Y 0J5
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 $4,400 in Toronto, the legal minimum down payment is $220 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 $22 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22 also applies, bringing the total estimated land transfer taxes to $44.
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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.