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    for sale
    144 Days on Strata
    $1,785,000
    4 Beds
    2 Bath
    1 Parking
    1,228 SQFT
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    Price History


    Maintenance Fees:
    $1,081/mth
    Taxes:
    $0 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,454/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    Jul 1
    Exposure:
    North

    Amenities

    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Welcome to discover one of the largest and most premium suites at brand new luxury Residences at Yonge. Reputable Centre Court and Bazis team with Arcadis to create this 55-storey silhouette celebrating graceful architecture. Suite 707 offers artful and highly curated living experiences with exceptionally generous space in Toronto's most desirable hotspot. Appx 1228 sf, all 4 bedrooms in decent size. 4th bdrm converts from extra-large enclosed den/office. Enormous living room in appx size of 32'3''x 10'9'. Two spa-like baths devote lavish tile & stone selections, brass fixtures, sleek vanities and b/i shelves. Integrated linear kitchen refined with upscale appliances incl built-in refrigerator, dishwasher, microwave, range hood, 4 Burner e-cooktop & oven. Huge mirror closet home a front-load laundry set. Top grade cabinetry with vast storages. Enhanced floor-to-ceiling windows & sliding doors invite ample natural lights. Upgraded lightings, elegant clean-lined materials, black/grey tone & gold accents erect a flair of fashion. Owned parking E-30 near elevator. Easy access Floor-7 locker. Fendi furnished lobby spans various seating zones with fireplace & piano glamour. Figure 3 & Land Art designers bring over 21,000 sf of sophisticated spaces that stretch inside outside for trailered amenity. Workout in style. Level-3 apps 6,300 sf fitness center rivals unparalleled gym. Level 5 Co-Working Space. Concierge services, security coded access, guest suites, automated parcel storage, and visitor parking. Situated on an internationally recognized street, this luxurious condo features immediate access to TTC subway. Ideal proximity to world-class schools, acclaimed business centers and premier shoppings. A perfect urban sanctuary for professionals seeking a coveted AAA location next to Yorkville, University of Toronto, Ryerson/Metropolitan U, Yonge-Dundas Sq, Eaton Ctr, Financials and Medical Health districts. 8 Wellesley is a home to the next generation of Toronto's Elite.

    ExtrasSuite 707 Unit 6 Level 6 (Floor-7); Locker Unit 10 Level 6 (Floor-7); Parking Spot Unit 30 Level E

    sotheby's international realty canadaMLS® #C12253467

    Utilities & Inclusions

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

    Dimensions


    Kitchen
    32.25 x 10.76ft
    Built-in Appliances, Quartz Counter, Family Size Kitchen
    Living
    32.25 x 10.76ft
    Combined with Kitchen, Windows Floor to Ceiling, Open Concept
    Primary
    10.76 x 8.99ft
    4 Piece Ensuite, Windows Floor to Ceiling, Walk-in Closet
    2nd Bedroom
    10.5 x 10.24ft
    North View, Windows Floor to Ceiling, Large Closet
    3rd Bedroom
    11.25 x 8.76ft
    Sliding Doors, Led Lighting, Large Closet
    4th Bedroom
    9.25 x 8.5ft
    Combined with Den, Separate Room, Sliding Doors

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Bikeability

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    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 RangeNo DataNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo DataNo DataNo DataNo DataNo DataNo Data
    Ratio of Units in Building10%27%12%35%5%6%7%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor