We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
8 WELLESLEY Street E Unit# PH7, Toronto
2024-07-26
Quick Summary
- Location
- 8 WELLESLEY Street E Unit# PH7, Toronto, Ontario M4Y3B2
- Price
- $1,599,999
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1507ft2
- Bedrooms:
- 2
- Bathrooms:
- 2
MLS®#40625023
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Schools, Shopping
Building
- Amenities: Exercise Centre
- Appliances: Dishwasher, Refrigerator, Hood Fan, Window Coverings
- Architectural Style: Loft
- Basement Type: None
- Construction Style: Attached
- Cooling Type: Central air conditioning
- Exterior Finish: Concrete
- Fireplace: No
- Interior Size: 1507 sqft
- Building Type: Apartment
- Utility Water: Municipal water
Features
- Feature: Balcony
Land
- Land Size: Unknown
- Sewer: Municipal sewage system
Maintenance Fee
- Maintenance Fee: 1743.05
Ownership
- Type: Condominium
Storage Type
- Storage Type: Locker
Zoning
- Description: CR
Information entered by Engel & Volkers Oakville
Listing information last updated on: 2024-09-23 19:40:26
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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