Maintenance Fees
Eight Wellesley Street East vs The Church - Toronto Area
507 - 8 Wellesley St E
$449,0001 bd1 ba0 pk564 sqft
For SaleEight Wellesley Street East
50 Days on Strata
$449,000
Price Cut: $459,000
Price Cut: $459,000
1 Bed
1 Bath
0 Parking
564 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$625/mth
Taxes:
$2,024 (2024)
Cost Per Sqft:
$796/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
South
Possession Date:
July 1, 2025
Laundry:
Main
Amenities
Indoor Parking
Visitor Parking
BBQs Allowed
Rec Room
Party Room
Bike Storage
Security System
Rooftop Deck
Gym
Concierge
Sauna
About this Listing
Attention first-time buyers! Priced to Sell. Your chance to own in downtown Toronto for an affordable price is here. Discover this beautiful 1-bed condo in an exclusive boutique building perfectly situated few steps from the Yonge/Wellesley subway entrance. Spacious suite, 564 sq. ft. boasts 10-ft ceilings, floor-to-ceiling windows and an inviting open-concept living and dining area with a Juliette balcony. The kitchen features a custom stainless-steel breakfast bar perfect for an urban living. The generously sized primary bedroom offers abundant natural light with floor-to-ceiling windows and a double closet for ample storage. Amenities include 24-hour concierge, fitness centre, party room, and a rooftop deck with BBQs and loungers ideal for entertaining or relaxing in the heart of the city. Nestled in a vibrant location, you're just a short walk to Yorkville, Eaton Centre, UofT, Toronto Metropolitan University, major hospitals, and the best shopping and dining. Don't miss out on this incredible opportunity to get into the market in one of Torontos most connected neighbourhoods.
ExtrasFridge, stove, dishwasher, exhaust fan, front load washer & dryer. Light fixtures. Hvac, approx 2 year old.
sotheby`s international realty canadaMLS® #C11994040
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, hardwood floor, Windows Floor to Ceiling
15.09 x 12.47ft
Dining
Combined with Living, hardwood floor, South View
12.47 x 15.09ft
Kitchen
Custom Counter, Breakfast Bar, Pot Lights
8.86 x 7.87ft
Primary
hardwood floor, Closet Organizers, Windows Floor to Ceiling
10.5 x 10.5ft
Buyer's Market
Balanced
Seller's Market
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Explore Church - Toronto
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9/10
Walkability
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9/10
Transit
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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
Household Income
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
LOWchance 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 againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | $720,000 - $725,000 | No Data | $1,535,000 |
| Avg. Cost Per Sqft | No Data | No Data | $734 | No Data | $799 |
| Price Range | $2,050 - $3,100 | $2,380 - $2,650 | $2,000 - $4,550 | No Data | $4,000 - $4,500 |
| Avg. Wait for Unit Availability | 152 Days | 536 Days | 120 Days | 1251 Days | 1071 Days |
| Avg. Wait for Unit Availability | 89 Days | 494 Days | 74 Days | 1016 Days | 495 Days |
| Ratio of Units in Building | 38% | 17% | 35% | 3% | 9% |
Market Inventory
Total number of units listed and sold in Church - Toronto
