11 Wellesley St W 1402
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$875,000
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Property Description
Luxury Condo In Prestigious Downtown*Wellesley On The Park* Central Downtown. It features a bright, open-concept 2-bedroom, 2-bathroom split layout, offering privacy and comfort. The modern kitchen has built-in appliances, and floor-to-ceiling windows provide abundant natural light. Spacious Wrap Around 400 Sqft Balcony, Sunny South East Exposure With View Of Downtown Core & Lake& Cn Tower.Walking Distance To Queen's Park, Subway, U Of T & University Of Ryerson, Parks, Yorkville Shopping, Hospitals, 24Hrs Supermarket, Restaurants & Etc.Extensive Facilities**Indoor Pool* Sauna*Spa*Outdoor Patio*Gym*Yoga Studio*Bbq* Concierge**Perfect For Student Or Young Professional.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-08-03 | 2023-08-11 | 8 | $4,050 | $4,100 | Leased |
2023-07-03 | 2023-07-31 | 28 | $4,500 | - | Suspended |
2023-07-03 | 2023-07-08 | 5 | $4,500 | - | Suspended |
2022-08-07 | 2022-08-31 | 24 | $4,000 | $4,000 | Leased |
2021-05-16 | 2021-07-05 | 50 | $3,200 | - | Suspended |
2021-05-16 | 2021-06-25 | 40 | $2,800 | - | Suspended |
Nearby Intersections
Yonge & Bloor (384)
Bay & Wellesley (158)
Bloor & Avenue (307)
Yonge & Wellesley (183)
Bay & Bloor (401)
Yonge & Carlton (149)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,211 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | Main | 9.58' x 9.15' | |
Kitchen | Main | 7.51' x 7.97' | |
Dining | Main | 6.56' x 14.70' | |
Living | Main | 11.12' x 10.24' | |
2nd Br | Main | 8.46' x 9.32' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 1402 is a 2-bedroom 2-bathroom condo listed for sale at $875,000, which is $111,647 (14.6%) higher than the average sold price of $763,353 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $4,515 (0.6%) compared to the previous 30 day period (October 12 - November 10) and down $25,952 (3.3%) from the same time one year ago.Inventory Change
There were 1,116 2-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 9.8% compared with the previous 30 day period (October 12 - November 10) and up 23.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,270) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,154 increase compared to the previous 30 day period (October 12 - November 10) and ($20,451) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (November 11 - December 10) stood at 48.7%, down from 49.4% over the previous 30 days (October 12 - November 10) and up from 40.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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