8 Wellesley Street, Unit 1616, Toronto, ON
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 $3,700 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- Ample parking with 0.0 garage spaces (0.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Bright and modern corner suite featuring 2 bedrooms and 2 bathrooms in the heart of downtown Toronto! Enjoy beautiful southwest-facing, large windows that fill the suite with abundant natural light. The thoughtfully designed open-concept layout maximizes space and functionality, complemented by a contemporary kitchen with built-in appliances, quartz countertops, and a stylish backsplash. The well-separated bedrooms offer excellent privacy, making this suite ideal for professionals, roommates, or those working from home. The primary bedroom features an ensuite, while the spacious second bedroom offers flexibility for guests or a home office. Conveniently located at Yonge & Wellesley, just steps to Wellesley subway station, the University of Toronto, Toronto Metropolitan University, Yorkville, major hospitals, restaurants, cafes, grocery stores, and everyday essentials. Enjoy premium building amenities, including a fitness centre, rooftop terrace with BBQs, lounge and 24-hour concierge. Vacant and available for immediate occupancy. An excellent opportunity to enjoy modern downtown living with exceptional convenience and connectivity!
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Property Summary
This condo apartment located at 8 Wellesley Street, Toronto is currently for sale and has been available for 0 days. This property is listed at $3,700 with an estimated mortgage of $12* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 8 Wellesley Street, Toronto is in the Bay Street Corridor neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 2-bedroom condo apartment at 8 Wellesley Street, Unit 1616, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $12*/month*. Estimated Ontario Land Transfer Tax: $37. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 8 Wellesley Street, Unit 1616, Toronto, ON
Q.What is the asking price for 8 Wellesley Street, Unit 1616, Toronto, ON ?
The current listing price for 8 Wellesley Street, Unit 1616, Toronto, ON in Bay Street Corridor, Toronto is $3,700.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.
Q.What property type and architectural style is 8 Wellesley Street, Unit 1616, Toronto, ON ?
8 Wellesley Street, Unit 1616, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Bay Street Corridor, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
8 Wellesley Street Toronto
8 Wellesley Street Toronto, Toronto
Pricing & Value Insights
Data-driven valuation for 8 Wellesley Street W 1616, 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 $3,700 in Toronto, the legal minimum down payment is $185 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 $19 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19 also applies, bringing the total estimated land transfer taxes to $37.
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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.
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