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    Toronto / Church - Toronto

    1601 - 8 wellesley St W

    $2,2501 bd1 ba0 pk462 sqft
    For RentEight Wellesley Street East
    29 Days on Strata
    Est Lease Timeframe:
    20 Days
    $2,250/mth
    Price Cut: $2,300
    1 Bed
    1 Bath
    0 Parking
    462 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    March 21, 2025

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    None

    Furnished:

    No

    Exposure:

    West

    Locker:

    None

    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed
    Rec Room
    Party Room
    Bike Storage
    Security System
    Rooftop Deck
    Gym
    Concierge
    Sauna

    About this Listing

    Brand New Luxury South-Facing Condo at Yonge & Wellesley Prime Downtown Location! Welcome to this sunny, bright, and spacious 462 sq.ft. south-facing suite in the heart of Downtown Toronto! Located at the prestigious 8 Wellesley, an open-concept modern kitchen equipped with built-in 6-piece stainless steel appliances, granite countertops, and a stylish ceramic backsplash. Enjoy top-tier building amenities and a vibrant lifestyle just steps from Wellesley Subway Station, University of Toronto, Toronto Metropolitan University (formerly Ryerson), and the Financial District. Everything you need is within walking distance Eaton Centre, Yorkville, Royal Ontario Museum, cafes, global cuisine restaurants, boutique shopping, and entertainment.

    first class realty inc.MLS® #C12034042

    Fees & Utilities

    Utilities Included

    Rent Includes
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

    Explore Church - Toronto

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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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
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Building Trends At Eight Wellesley Street East

    Days on Strata

    Units at Eight Wellesley Street East spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    46th
    Highest price per SQFT out of 91 condos in the Church - Toronto area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    34
    Units were Rented over the past twelve months

    Best Value Rank

    Eight Wellesley Street East offers the
    ?
    best value out of 91 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    Eight Wellesley Street East has the
    ?
    highest ROI out of 91 condos in the Church - Toronto neighbourhood

    Rental Yield

    Eight Wellesley Street East yields the
    ?
    highest rent prices out of 91 condos in the Church - Toronto neighbourhood

    High Demand

    Eight Wellesley Street East is the
    ?
    most popular building out of 91 condos in the Church - Toronto neighbourhood

    Market Insights

    Transaction Insights at Eight Wellesley Street East

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$2,050 - $3,100$2,380 - $2,650$2,000 - $4,550No Data$4,000 - $4,500
    Avg. Wait for Unit Availability89 Days494 Days74 Days1016 Days495 Days
    Ratio of Units in Building38%17%35%3%9%

    Market Inventory

    Total number of units listed and leased in Church - Toronto