$950,000
For sale: Apartment

Perched on the 40th floor, this corner 3-bedroom, 2-bathroom suite offers what downtown buyers actually pay a premium for: elevation, light, and a view that won't be built out. Triple exposures - south, east, and north - fill the home with natural light all day, with unobstructed south and east views stretching over the city. The functional layout works as hard as the location does: three true bedrooms, two full bathrooms, and an open-concept living space designed for real daily life, not just showings. One underground parking space included - a genuine asset at Yonge & Wellesley. Location is the headline act. Steps to Wellesley subway station, a short walk to the University of Toronto, and minutes to Toronto's major hospitals, the Eaton Centre, Yorkville, and the Financial District. Restaurants, cafés, and supermarkets are all within a few blocks.8 Wellesley Residences (completed 2025) offers 24-hour concierge, a modern fitness centre, party and meeting rooms, and an outdoor terrace with BBQs and lounge areas. Priced for today's market. Whether you're buying a home in the heart of downtown or adding a high-demand rental asset steps from campus, this one checks the boxes.*Some photos have been virtually staged.*
Sold data
Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $554,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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