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    for rent
    25 Days on Strata
    Est Lease Timeframe:
    17 Days
    $3,100/mth
    2 Beds
    2 Bath
    0 Parking
    713 SQFT
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    Price History


    Property Type:
    Condo
    Possession Date:
    Oct 28
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    None
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    South West

    Amenities

    Concierge
    Gym
    Visitor Parking

    About this Listing

    Excellent Downtown Toronto Location!Brand New Luxury Condo at 8 Wellesley WestWelcome to 8 Wellesley, offering an exceptional lifestyle directly on Yonge Street and close to everything that matters. Yorkville, the University of Toronto, Toronto Metropolitan University (Ryerson), the Eaton Centre, the Financial District, the Discovery District, and Yonge-Dundas Square are all just minutes away. Located at the corner of Yonge and Wellesley, steps from the subway, this address connects you to world-class shopping, top universities, renowned business centres, and the city's most vibrant neighbourhoods. 8 Wellesley is the perfect choice for students and professionals seeking to live in one of Toronto's most desirable locations.This bright and spacious 713 sq. ft. southwest corner suite features 2 bedrooms and 2 bathrooms with floor-to-ceiling windows and elegant laminate flooring throughout. The open-concept living and dining area is filled with natural light, creating an inviting and modern atmosphere. The contemporary kitchen includes quartz countertops, a designer backsplash, and premium built-in appliances: a KitchenAid dishwasher and fridge, Whirlpool cooktop and built-in oven, and Whirlpool microwave. Additional features include undermount kitchen lighting, roller shades to be installed, and a stacked washer and dryer for added convenience. The primary bedroom features a 4-piece ensuite, while the second bedroom also offers a 4-piece bath-ideal for comfort and privacy. Building amenities include a 24-hour concierge, fully equipped gym, yoga studio, BBQ area, and outdoor patio with landscaped gardens.Utilities are managed by One Provider (Carma). Electricity, heat, and water are extra and paid by the tenant. Internet is included. A must-see residence-perfect for those seeking luxury, convenience, and a true downtown Toronto lifestyle.

    ExtrasAll appliances. All Electric Light Fixtures and all Window Coverings (to be installed)

    property.ca inc.MLS® #C12483489

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Bedroom
    9.91 x 12.01ft
    Laminate, 4 Piece Ensuite, Large Window
    Bedroom
    8.01 x 8.99ft
    Laminate, Large Window
    Living
    10.3 x 24.51ft
    Laminate, Combined with Dining, Combined with Kitchen
    Dining
    10.3 x 24.51ft
    Laminate, Combined with Living, Combined with Kitchen
    Kitchen
    10.3 x 24.51ft
    Laminate, Combined with Living, Combined with Dining
    Study
    10.3 x 24.51ft
    Laminate, Combined with Kitchen, Combined with Living

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at 8 Wellesley Residences spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 47 condos in the Bay Street Corridor area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    158
    Units were Rented over the past twelve months

    Best Value Rank

    8 Wellesley Residences offers the
    ?
    N/A
    best value out of 47 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    8 Wellesley Residences has the
    ?
    N/A
    highest ROI out of 47 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    8 Wellesley Residences yields the
    ?
    N/A
    highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood

    High Demand

    8 Wellesley Residences is the
    ?
    N/A
    most popular building out of 47 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at 8 Wellesley Residences

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,800 - $2,200$2,050 - $2,650$2,300 - $2,950$2,950 - $4,600$3,200 - $4,100$3,750 - $4,600$3,980 - $5,250
    Avg. Wait for Unit Availability9 Days4 Days6 Days6 Days7 Days15 Days10 Days
    Ratio of Units in Building10%27%12%35%5%6%7%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor