Condo for sale at PH7-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2 - MLS: C12174237

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PH7-8 Wellesley Street

Toronto, Ontario, M4Y 3B2

$1,399,000

Virtual Tour

Neighbourhood

Church-Yonge Corridor
Major Intersection

Yonge/Wellesley

Listed Since: 10 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Loft
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1400-1599
Exposure

East
Total Parking

1 Underground Garage
Maintenance

$1,789
Taxes

$5,278.83 (2024)
Balcony

Jlte

Property description for PH7-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2

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.

Listed by FOREST HILL REAL ESTATE INC.

Property details

MLS #

C12174237
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Rooftop Deck/Garden,Exercise Room,Sauna,Concierge
Maintenance Fee Includes

Parking, Water
Property Management

Gpm Management
Heat

Fan Coil
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12174237
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Rooftop Deck/Garden,Exercise Room,Sauna,Concierge
Maintenance Fee Includes

Parking, Water
Property Management

Gpm Management
Heat

Fan Coil
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Foyer

3.25 x 1.73 ft Main level
Living

5.74 x 5.63 ft Main level
Dining

4.62 x 3.1 ft Main level
Kitchen

3.4 x 2.34 ft Main level
Primary

5.08 x 4.22 ft Main level
Loft

4.57 x 2.44 ft Upper level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for PH7-8 Wellesley Street, Toronto, Church-Yonge Corridor, M4Y 3B2

This property has been sold 12 times before.

To view this property's sale price history please sign in or register

Local Real Estate Price Trends

Active listings

464

Average Selling Price of a Condo Apt

May 2025

$739,764

Last 3 Months

$672,705

Last 12 Months

$679,595

May 2024

$667,481

Last 3 Months LY

$724,991

Last 12 Months LY

$733,314

Change

-10%

Change

Historical Average Selling Price of a Condo Apt in Church-Yonge Corridor

Average Selling Price

3 years ago

$792,010

Average Selling Price

5 years ago

$733,789

Average Selling Price

10 years ago

$464,131

Change

-1%

Change

-37%

Number of Condo Apt Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

58%

Change

36%

Change

19%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-12%

Change

-16%

Change

-14%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.