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8 Wellesley Residences

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High-Rise Condos in Toronto

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8 Wellesley Street West, Toronto, ON

The 8 Wellesley Residences await you with an enhanced living experience atop one of downtown’s most active and diverse neighbourhoods!

This fully zoned project is being built by two of the country’s most prestigious property developers, CentreCourt and Bazis Inc, who create unique and dynamic structures. This project is currently under construction at 8 Wellesley Street West in Toronto and will be completed in 2025.

This one-of-a-kind project will blend existing heritage components into a 55-story condominium complex with 599 large units. These precisely planned units will be available in studios, one-bedroom, one-bedroom plus den, two-bedroom, two-bedroom with den, and three-bedroom configurations. IBI Group will be in charge of the architectural aspects of this project. The interior design will be curated by Figure3, one of Canada’s most respected design firms, with an entrepreneurial team of 60+ creative thinkers.

The 8 Wellesley Residences will be anchored by a five-story podium that restores the heritage facades for a new aesthetic that complements the area’s rich, historical history. The proposed development includes a succession of two-story retail and restaurant buildings.

Amenities

Maintenance Fees

  • Est. Maint $0.69 / sq ft / month

Deposit Structure

  • Total Min. Deposit 20%
  • Deposit Notes $10,000 on Signing
  • Balance to 5% in 30 Days
  • 2.5% in 90 Days
  • 2.5% in 180 Days
  • 2.5% on Feb. 20, 2022
  • 2.5% on Aug. 20, 2022
  • 5% on Jun. 20, 2023

Get the first access to the floor plans and price list.

Highlights

Floor Plans

Neighborhood

The Wellesley Residences are situated in Toronto’s Church-Yonge Corridor district, offering a walkability score of 96 out of 100. The area is home to historic landmarks like St. Lawrence Hall and Mackenzie House, as well as beautiful public art murals. The development is a 5-minute drive from Yorkville Village, a premium shopping center offering organic groceries, high-end clothing, shoes, and home goods. It provides a variety of experiences and serves as a hub for local cultural events.

The neighborhood offers several golf courses, including Flemingdon Park Golf Club and Don Valley Golf Course, within a 25-minute drive. The surrounding parks, James Canning Gardens, Norman Jewison Park, and Alexander Street Parkette, are ideal for leisurely walks, jogs, or natural sightseeing, making it an ideal spot for friends and family.

Union station image by Colin Lloyd from Pexels.com

Transportation

Residents of 8 Wellesley Condos will have convenient access to public transportation and will be able to get to Union Station in only 10 minutes. This transit centre provides bus, rail, and bicycle services, as well as shops and restaurants.

Not only that, but other TTC bus routes and subway lines are nearby, such as Museum Station and Wellesley Station, which are both less than a 12-minute walk away. For flights, Billy Bishop Toronto City Airport is about a 15-minute drive away.

Education

8 Wellesley Residences is an ideal family-friendly location near top primary and secondary institutions, including Ryerson University and the University of Toronto. These institutions offer creative, career-focused education, focusing on innovation and entrepreneurship. Despite being challenging to access, they are among the world’s top universities, making them a top choice for college students.

Toronto’s economy and high living standards make it a top investment destination, with rising rental opportunities, inflation, and interest rates offering the potential for long-term value appreciation.

Student image by RODNAE Productions from Pexels.com

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Bazis Inc logo
CentreCourt logo

Developer

Toronto’s atmosphere and skyline have seen considerable modifications during the last decade. BAZIS played an important role in the renovation, setting themselves apart from other real estate developers.
At BAZIS, the focus has been on creating lavish living environments with the utmost attention to detail; living spaces where expression via design converges with human connection. They are committed to maintaining the highest quality standards in all aspects of the residential and commercial real estate development process. 

 

CentreCourt is a Toronto-based real estate development corporation that specializes in the construction of high-rise residential communities near vital infrastructure, rapid transit networks, and employment zones (GTA). They are involved in all elements of development, including as site acquisition, zoning, design, sales, construction, and customer service. With 18 residential high-rise projects comprising over 9,000 units and a development value of more than $6.6 billion, one of the most active high-rise developers in the Greater Toronto Area was named ninth on the 2020 Growth List of Canada’s Fastest Growing Companies.

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