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Location: 8 Wellesley Street W
Municipality: Toronto
Layouts: Studio to 3BR
Unit Sizes: 323 to 828 sq. ft.
Maintenance Fees: $0.69/sq. ft. approx
Parking: Available to buy with 3R units
Walk Score: 99/100
Transit Score: 96/100
Bike Score: 96/100
Expected Occupancy: 2025
Developer: CentreCourt and BAZIS
Prices: From the low $500,000s
Available now! 8 Wellesley Residences – a new luxury high-rise condo development by CentreCourt Developments and BAZIS in a prime downtown Toronto location.
Development Details – 8 Wellesley Residences
8 Wellesley Residences is a 55-storey building with 602 units. According to the planning application, from that total, there will be 125 studio units, 90 one-bedroom units, 170 one-bedroom plus den units, 155 two-bedroom units, and 62 three-bedroom units. For phase one of the release, the units range in size from 323 to 828 sq. ft. and prices begin in the low $500,000s. Parking will be available to purchase with 3-bedroom units and larger.
There will be 21,000 sq. ft. of indoor and outdoor amenity space. The amenities will be primarily located on the 2nd, 3rd and 5th floors, and will include a 6,300 sq. ft. 24/7 fitness centre with a yoga studio and sports simulator, an outdoor dining and lounge are, a shared co-working space with private meeting rooms, an outdoor lounge and games area, an outdoor oasis, three executive guest suites and a 24-hour concierge service.
8 Wellesley Residences will also include 470 square metres of retail space at the ground level, 119 parking spaces on five underground levels, and 602 bicycle parking spaces.
Neighbourhood Details
8 Wellesley Residences is in the heart of it all in downtown Toronto. Located steps from Yonge and Wellesley, it is a short walk away from many of the city’s highlights, including the University of Toronto, Ryerson University, the Ontario Legislature at Queens Park, Yonge-Dundas Square, the Eaton Centre, Toronto City Hall, the ROM, the AGO, and much more. It should come as no surprise then that the location boasts a near-perfect walk score of 99/100.
It’s also a great starting point for getting around the city. A bike score of 96/100 indicates that this is one of the best equipped areas of the city for cyclists and that is likely to continue improving. 8 Wellesley Residences also has a 95/100 transit score thanks to the excellent transit options nearby. Wellesley subway station is just steps away and there are five more stations that can easily be reached on foot: College station (6-minute walk), Bloor-Yonge station (10-minute walk), Tamwood and Queens Park stations (11-minute walk), and Museum station (12-minute walk). That gives easy access to lines one and two of the Toronto subway and plenty of choice for rapid transit around the city.
