8 Wellesley Residences
Published on November 26, 2020
Coming soon! 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
The developer hasn’t released too many details so far but planning applications for 8 Wellesley Residences give an indication of what we can expect. The planned building is 55 storeys with 602 units, 540 of which will be residential suites and 60 that will be guest suites. 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.
There will be 1,205 square metres of indoor residential amenity space and a further 785 metres squared of outdoor amenity space. The amenities will be primarily located on the 2nd, 3rd and 5th floors, with a mixture of indoor and outdoor amenities on each of those floors.
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.