8 Wellesley - Main Image
Available
Price Reduced
Area: 392 sqft

$550,000

Assignment
0B1 BathsTownhouseDowntown
8 Wellesley Street W
Occupancy - 2024-12

Listing Description

Steps to Subway Station

Walking distance to U of T

Located in the heart of Toronto

Price Information

Current Price

$550,000

Original Purchase Price

$625,990

Price Per SqFt

$1403.06

Deposit Paid

$219,095

Total Payment

$143,105

Assignment Fee

$0

Property Details

Project Name

8 Wellesley

Developer

CentreCourt

Region

Downtown

Address

8 Wellesley Street W

House Type

Townhouse

Property Status

Townhouse

Exposure

S

Parking

0

Garage

N/A

Locker

0

Balcony

N/A

Legal Description

M4Y 1E7

Developer Details

Developer Name

CentreCourt

Map View of 8 Wellesley at 8 Wellesley Street W

Walk Score of 8 Wellesley at 8 Wellesley Street W

What is an Assignment for Sale?

An assignment is a sales transaction where the original buyer of a property (the "assignor") allows another buyer (the "assignee") to take over the buyer's rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property). The assignee is the one who ultimately completes the deal with the seller.

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