11 Wellesley St W 4712
Bay Street Corridor, Downtown Toronto, M4Y 1E8
FOR SALE
$525,000
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Property Description
A Very High Floor In 11 Wellesley On The Park, Breathtaking Panoramic East Views Of The City And Lake Ontario. A Functional Studio With 9' Ceilings And A Large Balcony. Walking Distance To University Of Toronto, Toronto Metropolitan University (Formally Ryerson), Close To Wellesley Subway, 24 Hour Supermarket, One Of A Kind 1.6 Acre Park Plus Fantastic Amenities. *Virtual Staging Used.
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Nearby Intersections
Yonge & Bloor (213)
Bay & Wellesley (103)
Bloor & Avenue (153)
Yonge & Wellesley (118)
Bay & Bloor (219)
Yonge & Carlton (94)
Property Features
Arts Centre, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,810 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.30' x 11.48' | Combined W/Dining, Vinyl Floor, Stainless Steel Appl |
| Living | Main | 12.30' x 11.48' | Combined W/Living, Vinyl Floor, W/O To Balcony |
| Dining | Main | 12.30' x 11.48' | Combined W/Kitchen, Vinyl Floor, East View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 4712 is a 0-bedroom 1-bathroom condo listed for sale at $525,000, which is $146,875 (38.8%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Vision Realty
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