8 Wellesley Street W 4009, Toronto C01

$950,000
8 Wellesley Street W 4009

$950,000

Price Change
21d
Condo ApartmentApartment

8 Wellesley Street W 4009, Toronto C01

Total Monthly Obligation $5,233

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
800-899
DOM
21d
Score
16
Yield
4.5%
Cash on Cash
-8.5%
Cap Rate
2.7%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-C13853634
Beds-3
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,447.9 (2026)
Maintenance-$746.7/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

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.*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$760,000
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,975

Total Monthly Obligation

$5,233/mo
Mortgage $3,832
Monthly Loss $4,224
Principal$1,008
Interest$2,824
Property Tax$454
Condo Fees$747
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.2%15
10-Year IRR
7.8%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,396/yr
NOI
$21,348/yr
Net Cash Flow
-$2,053/mo
Cash Margin
-58.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Wellesley Street W 4009

Time

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Data last updated within the past 24 hours.