11 Wellesley St W 5703
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$799,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSC10707698
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Property Description
Welcome to this stunning 1-bedroom + den suite at Toronto downtown core, offering breathtaking panoramic views of the city skyline from the 57th floor. This well-appointed, modern unit features an open-concept living space with high-end finishes, including sleek hardwood floors, floor-to-ceiling windows, and a stylish kitchen with stainless steel appliances. The versatile den can serve as a home office or cozy guest room. Enjoy the convenience of being steps away from Wellesley Subway Station, Yorkville, Eaton Centre, dining, shopping, and entertainment. The building offers top-tier amenities such as a rooftop terrace, fitness centre, and 24-hour concierge service. This is urban living at its finest, don't miss out!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-01-17 | 2021-01-31 | 14 | $1,880 | - | Terminated |
Nearby Intersections
Yonge & Bloor (420)
Bay & Wellesley (183)
Bloor & Avenue (331)
Yonge & Wellesley (206)
Bay & Bloor (436)
Yonge & Carlton (160)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,992 (2023)
Basement
None
Exterior
Concrete
Heat Type
Other
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Parking 2
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 5703 is a 1-bedroom 1-bathroom condo listed for sale at $799,000, which is $226,540 (39.6%) higher than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 (October 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Rife Realty
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