8 Wellesley Street E Unit# Ph7, Toronto, Ontario M4Y 3B2 (27219268) – Ravi Bedi


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8 Wellesley Street E Unit# Ph7 Toronto, Ontario M4Y 3B2

2 Bedroom 2 Bathroom 1507 sqft
Loft Central Air Conditioning Forced Air

$1,599,999

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. (id:50617)

Property Details

MLS® Number 40625023
Property Type Single Family
AmenitiesNearBy Park, Schools, Shopping
CommunityFeatures Community Centre
Features Balcony
ParkingSpaceTotal 1
StorageType Locker

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Amenities Exercise Centre
Appliances Dishwasher, Refrigerator, Hood Fan, Window Coverings
ArchitecturalStyle Loft
BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ConstructionStyleAttachment Attached
CoolingType Central Air Conditioning
ExteriorFinish Concrete
Fixture Ceiling Fans
HeatingType Forced Air
SizeInterior 1507 Sqft
Type Apartment
UtilityWater Municipal Water

Parking

None

Land

Acreage No
LandAmenities Park, Schools, Shopping
Sewer Municipal Sewage System
SizeTotalText Unknown
ZoningDescription Cr

Rooms

Level Type Dimensions
Second Level Loft 15'0'' x 8'0''
Main Level 3pc Bathroom Measurements not available
Main Level Full Bathroom Measurements not available
Main Level Bedroom 8'8'' x 8'0''
Main Level Primary Bedroom 16'8'' x 13'10''
Main Level Kitchen 11'2'' x 7'8''
Main Level Dining Room 15'2'' x 10'2''
Main Level Living Room 18'10'' x 18'6''
Main Level Foyer 10'8'' x 5'8''

https://www.realtor.ca/real-estate/27219268/8-wellesley-street-e-unit-ph7-toronto

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