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$1,599,999
Status: For Sale
Looking for a RARE investment opportunity or a stunning spacious Penthouse Loft to call home in the heart of the city? This stunning 2+1 Bed Penthouse loft, nestled at Yonge and Wellesley, presents a rare chance to indulge in urban sophistication. Boasting 1,507 sq.ft of exquisite space, this boutique condo offers an unparalleled blend of style, comfort, and convenience. Designed with the discerning investor in mind, this property presents a lucrative opportunity for short-term rentals and generated $111,936 in AirBnb bookings in 2023.8 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 the heart of downtown, this residence offers endless possibilities.The soaring 13.5-foot concrete coffered ceilings enhance the sense of openness and freedom & the 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. Indulge in the ultimate urban lifestyle with unparalleled access to amenities, dining, shopping, and entertainment. 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.
Property Type | :Residential |
MLS Number | :40625023 |
Listing Type | :Sale |
Property Age | :16-30 Years years |
Possession Date | : |
Last Updated | :26 Jul, 2024 (56 Days ago) |
Source | :Oakville |
Area | :Toronto |
Community | : Church-Yonge Corridor |
City | :Toronto |
Area Major | :TC08 - Toronto Central |
Area Minor | :TCCY - Church-Yonge Corridor |
Postal Code | : M4Y 3B2 |
Directions | :Yonge and Wellesley |
Price | : $1,599,999 |
Property Taxes | :$4917.1 |
Maintenance Fees | :$1743.05/month |
Tax Year | :2023 |
Bedrooms | :2 + |
No. of Rooms | :9 |
Air Conditioning | :Central Air |
Heating | :Electric Forced Air |
Place of Worship | :No |
Bathrooms | :2 |
Approx Square Footage | :1507 sqft |
Bedroom | :2.64 m x 2.44 m |
Living Room | :5.74 m x 5.64 m |
Dining Room | :4.62 m x 3.10 m |
Bedroom Primary | :5.08 m x 4.22 m |
Foyer | :3.25 m x 1.73 m |
Loft | :4.57 m x 2.44 m |
Kitchen | :3.40 m x 2.34 m |
Parking Space | :1 |
Pets | :Restricted |
Park | :Park |
Library | :Library |
26 Jul, 2024
TREB #40625023
Listed
$1599999
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