11 Wellesley St W 509
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$480,000
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Property Description
A Functional and Efficient Studio(427 Sq) layout with no waste of indoor area. One locker is included. Quiet and bright unit is located in the heart of downtown Toronto, steps from Yonge &Wellesley. Enjoy easy access to the subway, U of T, Ryerson Of U, Yorkville, Eaton Centre, Dundas Square, etc. One of the best choices for self-occupation or investment.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-01-31 | 2024-03-15 | 44 | $2,050 | $2,050 | Leased |
2023-01-15 | 2023-01-21 | 6 | $2,150 | $2,150 | Leased |
Nearby Intersections
Yonge & Bloor (362)
Bay & Wellesley (169)
Bloor & Avenue (277)
Yonge & Wellesley (199)
Bay & Bloor (374)
Yonge & Carlton (161)
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Property Details
Street
Community
City
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$2,232 (2025)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 509 is a 0-bedroom 1-bathroom condo listed for sale at $480,000, which is $101,875 (26.9%) 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 Nu Stream Realty (Toronto) Inc.
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