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8 Wellesley Risidences

8 Wellesley Street West, Toronto, ON,
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Overview

  • Updated On:
  • February 20, 2021

Description

8 Wellesley Residences is a new condo development by CentreCourt and BAZIS currently in preconstruction at 8 Wellesley Street West, Toronto. 8 Wellesley Residences has a total of 600 units.

8 Wellesley Residences on Yonge is a new high-rise condominium development by CentreCourt Developments and Bazis Inc., in Toronto. 8 Wellesley architect is designed by IBI Group and GBCA Architects. The new project will be located at 8 Wellesley Street West in Toronto. The major intersection is Wellesley Street & Yonge Street.

8 Wellesley Condos Residences will be 55 storey tower with 512 mixed condo units. A fully zoned project with a total of 512 meticulously designed suites ranging from 323 sq.ft up-to 828 sq.ft with a choice of studios, 1 bedrooms, 1 bedrooms plus den, 2 bedrooms, 2 bedrooms plus den and 3 bedrooms. 8 Wellesley Condos is the perfect choice for post-secondary students looking for off-campus accommodations during the school year.

Amenities : 8 Wellesley Residences on Yonge is proposed as a 55-storey condominium structure, with a 50-storey tower anchored by an expansive five-storey podium. The site is currently occupied by a series of two-storey retail and restaurant units, some of which are designated as heritage structures. The proposal moves to restore the heritage facades and incorporate them into the podium, for a look that is modern, yet reflects the area’s rich, historical roots.

512 residential units are proposed, with a mix that includes studios, one-bedrooms, two-bedrooms and three-bedroom units. Residents will have access to over 20,000 square feet of indoor and outdoor amenity space in total.

Three levels of underground housing will include 47 visitors parking spaces. The project’s podium will contain retail at street level to preserve the active pedestrian culture along Yonge, while the residential lobby will be accessible from St. Nicholas Street, a quiet side street on the property’s western edge. This gives the condominium multiple benefits. an intimate and exclusive entrance, while still incorporating all the benefits of the thoroughly urban location is occupies.

Developer: CentreCourt x BAZIS
Architecture: IBI Group
Interiors: Figure3 x Fendi

Address: 8 Wellesley St W, Toronto
Nearest Intersection: Yonge St / Wellesley St W

Storeys/Suites: 55 Stores / 599 Suites

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: 21,000 sqft

Occupancy: Anticipated For 2025

EXTENDED DEPOSIT STRUCTURE

Initial Deposit $10,000 on Signing (Bank Draft Mandatory)
2nd Deposit Balance to 5.0% in 30 Days
3rd Deposit 2.5% in 45 90 Days
4th Deposit 2.5% in 60 180 Days
5th Deposit 2.5% in 90 Feb 20, 2022
6th Deposit 2.5% in 120 Aug 20, 2022
7th Deposit 5.0% in 270 Jun 20, 2023

CAPPED DEVELOPMENT CHARGES AND LEVIES
• Studios to 1B+D – Capped at $12,000
• 2B and larger – Capped at $17,000

ONE TIME FREE ASSIGNMENT
• Assignment Fee is $5,000.
• The Developer Waives This Fee.

Address: 8 Wellesley Street West, Toronto, ON
City:
Country: Canada
Open In Google Maps
Property Id : 2245
walkscore99 / Walker's Paradise more details here

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    Amazing service! Kate is very knowledgeable and good at explaining all pros and cons when purchasing a property. If you are looking for that special “just for you” home, this is a realtor to turn to. She will not push you into buying, instead she will make sure that you are 100% committed to the decision you’re making.
    ParkHomenko Real Estate Team
    5
    2020-05-06T15:13:12+00:00
    Amazing service! Kate is very knowledgeable and good at explaining all pros and cons when purchasing a property. If you are looking for that special “just for you” home, this is a realtor to turn to. She will not push you into buying, instead she will make sure that you are 100% committed to the decision you’re making.

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    5
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    5
    2020-05-06T15:10:54+00:00
    Best Realtors in GTA! Professional, caring and exceptional customer service. Highly recommended!

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    ParkHomenko Real Estate Team
    5
    2020-04-30T18:15:36+00:00
    I highly recommend Olga and her team. Olga is very dedicated, attentive to her clients and a pleasure to deal with.

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    We have worked with Kate a number of times to sell or to buy properties in different areas of GTA, and she did an excellent job from start to finish. Nothing was too much trouble and everything was dealt with quickly and efficiently, whether it was arrangements for viewing the property or dealing with questions throughout the sales process. The Team behind Kate is understanding and considerable and we feel very greatful to each of them. We are really happy with the level of service received and would definitely recommend Kate and her Team to anyone if you want an easy, efficient and honest service.
    ParkHomenko Real Estate Team
    5
    2020-05-06T15:07:59+00:00
    We have worked with Kate a number of times to sell or to buy properties in different areas of GTA, and she did an excellent job from start to finish. Nothing was too much trouble and everything was dealt with quickly and efficiently, whether it was arrangements for viewing the property or dealing with questions throughout the sales process. The Team behind Kate is understanding and considerable and we feel very greatful to each of them. We are really happy with the level of service received and would definitely recommend Kate and her Team to anyone if you want an easy, efficient and honest service.

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    Parkhomenko team have been on top of their game with helping us purchase our first home. Kate has been very patient with us all the way till the closing occurrence and made the closing as smooth as possible with the team of professionals: i.e mortgage broker, lawyer! Anytime i recommend Parkhomenko Team.
    ParkHomenko Real Estate Team
    5
    2020-05-06T15:12:09+00:00
    Parkhomenko team have been on top of their game with helping us purchase our first home. Kate has been very patient with us all the way till the closing occurrence and made the closing as smooth as possible with the team of professionals: i.e mortgage broker, lawyer! Anytime i recommend Parkhomenko Team.

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    I have been Olga's customer for a while. The whole buying and renting properties experience with help of Olga and her team is fantastic. I am always very impressed with Olga's efficiency and professionalism and how smooth the whole process is made. Olga and her team are always easy to reach on the phone and available even after hours to speak to. I 'd recommend her and her team to anyone who wants to buy, rent or sell.
    ParkHomenko Real Estate Team
    5
    2020-06-23T01:16:49+00:00
    I have been Olga's customer for a while. The whole buying and renting properties experience with help of Olga and her team is fantastic. I am always very impressed with Olga's efficiency and professionalism and how smooth the whole process is made. Olga and her team are always easy to reach on the phone and available even after hours to speak to. I 'd recommend her and her team to anyone who wants to buy, rent or sell.

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    ParkHomenko Real Estate Team
    5
    2020-05-04T17:20:00+00:00
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    ParkHomenko Real Estate Team
    5
    2020-05-04T17:20:50+00:00
    Great team! Truly professionals! Always do the best. Always hear your needs and wishes. We’ve been working with them through the years! Highly recommended!!!
    5
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