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$1,479,000
Available - For Sale
Listing ID: C12052014
Welcome to the entertainer's dream loft. This stunning 2+1 penthouse loft is in the heart of the city and just steps to Yorkville. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. 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 this lively neighbourhood, this residence offers endless possibilities. Soaring 13.5-foot concrete coffered ceilings and an 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. 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.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $33,999.95 $67,999.9 $101,999.85 $135,999.8
First Mortgage $645,999.05 $611,999.1 $577,999.15 $543,999.2
CMHC/GE $17,764.97 $12,239.98 $10,114.99 $0
Total Financing $663,764.02 $624,239.08 $588,114.14 $543,999.2
Monthly P&I $2,842.85 $2,673.57 $2,518.85 $2,329.91
Expenses $0 $0 $0 $0
Total Payment $2,842.85 $2,673.57 $2,518.85 $2,329.91
Income Required $106,606.87 $100,258.78 $94,456.77 $87,371.49

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FOREST HILL REAL ESTATE INC.

8 Wellesley Stre East , Toronto, M4Y 3B2, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Condo Apartment
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style: Loft
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $5,278.83
Maintenance Fee: $1,788.61
Beds: 2+1
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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