5508 - 8 WELLESLEY STREET W, Toronto (Bay Street Corridor)

$4,200/mo

For rent: Apartment

Apartment at 5508 - 8 WELLESLEY STREET W, Toronto (Bay Street Corridor)
Property type
Condo Apartment
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,199 sqft
MLS®
MLS® C13806626
Neighbourhood
Bay Street Corridor

Welcome to Unit 5508 at 8 Wellesley St W - a spacious 3+1 bedroom, 2-bathroom residence offering over 1,000 sq. ft. of living space high above the heart of downtown Toronto. Located on the 55th floor, this bright and thoughtfully designed suite features large windows with spectacular unobstructed city and lake views, filling the home with natural light. The functional open-concept layout offers generous living space, three well-proportioned bedrooms plus a versatile glass-enclosed den ideal for a home office, study or additional living space. Modern kitchen features sleek cabinetry, quartz countertops, built-in appliances and contemporary finishes. Two full bathrooms provide added convenience for families, roommates or professionals sharing the space. Situated in an unbeatable downtown location just steps to Wellesley Subway Station, U of T, Yorkville, hospitals, restaurants, shopping, groceries and everything the city has to offer. An exceptional combination of space, views and convenience that's increasingly hard to find downtown. One parking space available for an additional $150/month.

Sold data

Apartment homes in Toronto (Bay Street Corridor) — recent sold market

Apartment homes in Toronto (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 2,832 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $568,500.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$568,500
Sale-to-list ratio
96.7%
Sold above asking
13%

Based on 2,832 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Bay Street Corridor)

Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Bay Street Corridor)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5508 - 8 WELLESLEY STREET W