11 Wellesley St W 4203
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$819,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS1 + 1
ROOMSC8168712
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Property Description
Welcome to "Wellesley on the Park"! This is a 567 sqf1+1 unit facing south with huge balcony and great view. You can see the beautiful CN tower from balcony. The building has indoor gym, yoga room, swimming pool, hot spa, sauna and steam room. The owner has curtain and curtain track installed. Additional ceiling light installed in kitchen, dining room, den and bedroom
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Extras
Appliance including B/I fridge, B/I Microwave, B/I laundry, B/I oven and B/I dishwasher
Nearby Intersections
Yonge & Bloor (392)
Bay & Wellesley (143)
Bloor & Avenue (313)
Yonge & Wellesley (158)
Bay & Bloor (405)
Yonge & Carlton (151)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,772 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 4203 is a 1-bedroom 1-bathroom condo listed for sale at $819,000, which is $217,203 (36.1%) higher than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) less 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 (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% 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 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Mehome Realty (Ontario) Inc.
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