$1,350,000
For sale: Apartment

Welcome to one of the most sought-after suites at 8 Wellesley Residences, ideally located just steps from University of Toronto. This well-designed 3-bedroom plus 1 den layout offers exceptional flexibility, with the den easily convertible into a fourth bedroom, making it ideal for families, professionals, or student rental setups. Situated on the 9th floor, the suite features approximately 1,171 square feet of interior space, complemented by a bright south-facing exposure that fills the home with natural light throughout the day. The unit includes one owned parking space, adding convenience and value in this prime downtown location. Residents enjoy access to a full range of premium amenities, including a state-of-the-art fitness centre, co-working spaces, elegant lounge areas, concierge service, and secure parcel management, all designed to support a modern urban lifestyle. As one of the newest buildings closest to the University of Toronto, this residence has quickly become a popular choice among students and young professionals, offering both lifestyle appeal and strong rental demand. A rare opportunity to own a versatile, sun-filled suite in one of Toronto's most dynamic and high-demand neighbourhoods.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.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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