4009 - 8 Wellesley Street W
Bay Street Corridor, Toronto
$950,000
Bedrooms: 3
Bathrooms: 2
Living Area: 800 sqft
Price Per Sqft: $1,187.50
About this Condo
in Bay Street Corridor, Toronto
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.*
Listed by BAY STREET GROUP INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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