Skip to main
    for rent
    1 Day on Strata
    Est Lease Timeframe:
    17 Days

    5511 - 8 Wellesley St W

    8 Wellesley Residences
    $3,150/mth
    2 Beds
    2 Bath
    0 Parking
    700 - 799 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

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

    Amenities

    Concierge
    Gym
    Rec Room
    Rooftop Deck
    Party Room

    About this Listing

    Welcome to brand new 8 Wellesley, where timeless luxury meets downtown convenience. Sun soaked corner unit with unobstructed panoramic views of Lake Ontario and downtown Toronto. Modern kitchen with quartz countertops and built-in appliances. Over 21,000 sf of some of the city's best condo amenities: fitness club, co-working space, study rooms, party room, outdoor patio, and much more. Ultra convenient location, right beside Wellesley TTC station, and steps to University of Toronto, TMU, Yorkville, Financial District, Hospitals, and more! High speed internet included!

    ExtrasStove, dishwasher, microwave, fridge, washer, dryer, window coverings

    rare real estateMLS® #C12563638

    Utilities & Inclusions

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

    Dimensions

    Living
    24.51 x 10.24ft
    Laminate, Combined with Dining, Sw View
    Dining
    24.51 x 10.24ft
    Laminate, Combined with Living, Open Concept
    Kitchen
    24.51 x 10.24ft
    Laminate, Modern Kitchen, Quartz Counter
    Primary
    12.01 x 9.74ft
    Laminate, 4 Piece Ensuite, Window
    2nd Bedroom
    8.99 x 8.01ft
    Laminate, Closet, Window
    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%

    Building Trends At 8 Wellesley Residences

    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