Project Description
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8 Wellesley Condos
Estimated Completion: 2023| Starting at $500,000s
8 Wellesley Overview
Introducing Toronto’s New Icon 8 Wellesley Street Condos, an amazing 55 Storeys of stunning architecture. Located in the heart of the city, these luxury residences at the north-west corner of Yonge & Wellesley. The ultimate location – 100 meters to the subway, moments from Eaton Centre and minutes away from the University of Toronto. It’s being built by the Centrecourt and Bazis.
Pricing Anticipated to Start From The $500’s
- Located on the most recognizable street, 8 Wellesley offers an unprecedented opportunity. Only 2% of condo launches in the GTA feature a downtown Yonge Street location, making this one of the last chances to invest in this premium area.
- With Wellesley Station outside your front door, this is as close to the subway as you can get. 8 Wellesley offers instant access to the entire city and a perfect Transit Score.
- 8 Wellesley sits just 700 meters from Yorkville, Toronto’s mecca for high-end shopping, upscale restaurants, luxury hospitality, and world-class designer brands.
- 8 Wellesley is just minutes away from the University of Toronto, the #1 ranked university in Canada and #17 in the world. 60,000+ students compete for 6,600 beds on campus, leaving some of the world’s brightest students, faculty, and alumni in search of a place to call home.
- Nearby Ryerson University puts career-focused education within close reach. With 47,000 students – 5,500 of which come from abroad – and only 1,700 beds, the significant student housing shortage creates an extraordinary opportunity for real estate investors.
- 8 Wellesley sits next to the University Health Network, the medical and healthcare epicentre of the GTA. There are 5 hospitals within a 1km radius and tens of thousands of high-income, highly-trained medical, science, and research professionals looking to live close to work.
- 8 Wellesley is Toronto’s new icon, redefining luxury inside and out. Over 21,000 sq. ft. of sophisticated amenities including a state-of-the-art fitness centre, indoor sports simulator, coworking space, and outdoor lounge. All available 24/7 to cater to modern city life.
- CentreCourt, the most active builder in the GTA, has partnered with BAZIS to form a development team responsible for some of the most successful condo projects in the city. These experienced developers bring a proven track record of success to 8 Wellesley, and a passion for delivering quality you can trust.
Quick Facts
Developer: CentreCourt
Address: 8 Wellesley St, Toronto
Nearest Intersection: Yonge St & Wellesley St E
Pricing: Starting From The Low $500’s
Occupancy: 2025
Storeys/Suites: 55 Storeys / 599 Suites
Suite Types: Studios & One Bedroom – Three Bedroom Suites
Suite Sizes: 323 sq. ft -828 sq ft
Maintenance Fees: $0.69 / sq ft
Deposit Structure: $10,000 on Signing // Balance to 5.0% in 30 Days // 2.5% in 90 Days // 2.5% in 180 Days // 2.5% on February 20th, 2022 // 2.5% on August 20th, 2022 // 5% on June 20th, 2023
Incentives: VIP Pricing & First Access to the Best Availability, Capped Development Levies, Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer
Building Amenities:Outdoor Oasis, Private Study Rooms, Collab Space, Outdoor Lounge/Games Area, Lounge, Study Banquettes, and more!