$1,599,999

2 + 1 Bed, 2 Bath, 1,400 ft², Loft home is located near Yonge/Wellesley in Church-Yonge Corridor.

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.

PH7 - 8 Wellesley St E, Toronto is a 2 + 1 bedroom, 2 bathroom residential Loft condo apt home. PH7 - 8 Wellesley St E, Toronto is conveniently located in the Church-Yonge Corridor neighbourhood of Toronto Ontario. PH7 - 8 Wellesley St E, Toronto is an MLS®-Listed home with an asking price of $1,599,999. This residential property has been listed on ctfrealty.com for 1 days. The home is 16-30 years old. Based on the Listing Price of PH7 - 8 Wellesley St E, Toronto, the estimated monthly mortgage payment would be $7,731. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for PH7 - 8 Wellesley St E, Toronto are approximately $4,917/year based on 2023 assessment. The Monthly Maintenance fee is $1,743.

This Loft condo apt home located at PH7 - 8 Wellesley St E, Toronto features a Concrete exterior. This PH7 - 8 Wellesley St E, Toronto property has East exposure. The home has Gas fueled Fan Coil heating. The foyer at main level has . The living room at main level has . The dining room at main level has . The kitchen at main level has . The master bedroom at main level has . The loft room at upper level has . Features of PH7 - 8 Wellesley St E, Toronto include hospital, park, place of worship, public transit, recreation centre.