Property Address
Description
Condo Project Summary
This is a unique condo project that incorporates existing heritage elements to 55-storey condominium structure.
8 Wellesley Residences At Yonge is a new high-rise condominium development by CentreCourt Developments and Bazis Inc., in Toronto. This pre-construction condo is located at 8 Wellesley Street West, the northwest corner of Wellesley and Yonge Streets in the Church and Wellesley neighbourhood.
A fully zoned project with a total of 599 meticulously designed suites ranging from 323 sq.ft up-to 828 sq.ft with a choice of studios, 1 bedrooms, 1 bedrooms plus den, 2 bedrooms, 2 bedrooms plus den and 3 bedrooms.
With a specialized design that allows for several outdoor amenity terraces, this tower will offer an elevated living experience overlooking one of downtown’s most vibrant and eclectic neighbourhoods.
Amenities
8 Wellesley Residences At Yonge is a 55-storey condominium structure, with a 50-storey tower anchored by an expansive five-storey podium.
The site is currently occupied by a series of two-storey retail and restaurant units, some of which are designated as heritage structures. The proposal moves to restore the heritage facades and incorporate them into the podium, for a look that is modern, yet reflects the area’s rich, historical roots.
There will be 599 residential units with a mix that includes studios, one-bedrooms, two-bedrooms and three-bedroom units. These suites will offer modern features and finishes including smooth finished ceilings throughout, choice of flooring throughout the entry, kitchen, dining, living areas and bedrooms, choice of kitchen cabinetry and countertop from builder’s samples, appliance collection including refrigerator, cooktop and oven, microwave, exhaust fan insert, dishwasher and stacked washer and dryer.
There will also be a 24-hour, 7 day a week concierge, security coded access fob for all residents and three guest suites provided for residents’ use within the building.
Residents will have access to over 21,000 square feet of indoor and outdoor amenity space. The tower’s unique massing allows for multiple terraces, mostly offering south and west exposures.
Some of the amenities include a FENDI furnished lobby, a 6,300 square-foot fitness centre with cross training equipment, yoga studio, cardio, weights and sports simulator, an outdoor dining area and lounge area just outside of the fitness centre, a co-working space with private studying rooms, collaborative space, outdoor oasis, outdoor lounge and games area.
Three levels of underground housing will include 47 visitors parking spaces. The project’s podium will contain retail at street level to preserve the active pedestrian culture along Yonge, while the residential lobby will be accessible from St. Nicholas Street, a quiet side street on the property’s western edge.
Three levels of underground housing will include 47 visitors parking spaces. The project’s podium will contain retail at street level to preserve the active pedestrian culture along Yonge, while the residential lobby will be accessible from St. Nicholas Street, a quiet side street on the property’s western edge.
This gives the condominium multiple benefits; an intimate and exclusive entrance, while still incorporating all the benefits of the thoroughly urban location is occupies.
Location & Neighbourhood
Church and Wellesley condos are in high demand. This vibrant downtown neighbourhood offers plentiful urban amenities paired with a friendly vibe. Restaurants, shops and entertainment options line the stretch, while an increasing number of modern condominiums are being built and proposed.
Many of these new condos incorporate historic facades, making for a unique stretch that’s equal parts iconic and modern. Units here command some of the city’s highest rental rates, a reflection of the area’s desirability with a wide range of professional tenants and homeowners.
Wellesley station is just across the street – connecting you with the subway’s line 1 – while the bustling intersection of Yonge and Bloor is just a few minutes’ walk away and provides subway access in all four directions.
It’s no surprise the area attracts a significant number of professionals, as it’s a short commute to high-density employment districts like the Bay Street Corridor and the Financial District, as well as the Discovery District, which is home to many medical and science-related headquarters. Both Ryerson University and the University of Toronto are within walking distance.
As the Church and Wellesley district continues to urbanize, 8 Wellesley Residences On Yonge is not only a great place to call home, but a fantastic option for investors.