11 Wellesley St W 3909
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$724,900
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Property Description
Welcome to luxury living at 11 Wellesley on the Park! This bright 1 Bed + Den unit with Parking, on the 39th floor offers approximately 530 sq ft (as per builders floorplan) of modern living space. The north-facing unit is filled with natural light through its floor-to-ceiling windows. The open-concept living, dining, and kitchen area is spacious and airy, featuring upgraded kitchen appliances including panelled fridge and dishwasher, and stainless steel wall oven and microwave. Enjoy seamless indoor-outdoor living with a walkout to the open balcony from the living room. The den is versatile, perfect as an office, guest room, or additional living space. The spacious bedroom also boasts floor-to-ceiling windows, and the unit includes a 4-piece washroom. With ONE PARKING SPOT INCLUDED - rare for 1+Den units in the building - this condo offers convenience and style. Located in the heart of downtown Toronto, steps from Yonge & Wellesley. Enjoy easy access to the subway, U of T, Yorkville, Eaton Centre, Dundas Square, and more. Building amenities include an indoor pool, gym, sauna, steam room, and party room, providing a resort-like experience right at home!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-17 | 2024-11-15 | 90 | $749,900 | - | Terminated |
Nearby Intersections
Yonge & Bloor (343)
Bay & Wellesley (159)
Bloor & Avenue (273)
Yonge & Wellesley (182)
Bay & Bloor (358)
Yonge & Carlton (146)
Property Features
Electric Car Charger, Hospital, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,154 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Lvl B Unit 123)
Garage Type
Other
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.02' x 9.84' | Laminate, Open Concept, W/O To Balcony |
Living | Main | 9.35' x 11.15' | Laminate, Granite Counter, Open Concept |
Prim Bdrm | Main | 9.02' x 10.79' | Laminate, Window Flr to Ceil, Mirrored Closet |
Den | Main | 7.87' x 9.55' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 3909 is a 1-bedroom 1-bathroom condo listed for sale at $724,900, which is $161,210 (28.6%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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