11 Wellesley St W 612
Bay Street Corridor, Downtown Toronto, M4Y 0G4
FOR SALE
$699,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC10406578
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Property Description
This 1+1 unit features a spacious 232 sq ft terrace, allowing residents to enjoy Toronto's magnificent city skyline from their own homes, the unit includes 1 parking and 2 locker rooms, providing ample storage space for residents. 10-minute walk to the University of Toronto, making it an ideal location for both academic pursuits and urban living, the building is also near the boutique shops and dining venues of the prestigious Yorkville district. The Wellesley St TTC subway station, located just steps from the building, offers residents easy access to all of the city's hotspots without driving, Additionally, the building's recently completed courtyard garden provides a tranquil leisure space amidst the hustle and bustle of the city and creates a serene escape without leaving the premises.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-03 | 2024-08-20 | 139 | $699,000 | - | Terminated |
| 2022-01-18 | 2022-03-19 | 59 | $2,200 | $2,100 | Leased |
| 2021-11-16 | 2022-01-18 | 63 | $2,550 | - | Terminated |
| 2021-07-18 | 2021-08-17 | 32 | $858,000 | $828,000 | Sold |
| 2021-06-04 | 2021-06-15 | 11 | $699,000 | - | Terminated |
Nearby Intersections
Yonge & Bloor (421)
Bay & Wellesley (178)
Bloor & Avenue (333)
Yonge & Wellesley (198)
Bay & Bloor (437)
Yonge & Carlton (160)
Property Features
Park
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,098 (2023)
Basement
None
Exterior
Alum Siding
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive (LEVEL D UNIT 8)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.64' x 9.97' | Laminate, Combined W/Dining, W/O To Terrace |
| Dining | Main | 20.64' x 9.97' | Laminate, Combined W/Living, Open Concept |
| Den | Main | 8.99' x 10.66' | Laminate |
| Kitchen | Main | 6.82' x 9.58' | Laminate, Quartz Counter, B/I Appliances |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St W 612 is a 1-bedroom 1-bathroom condo listed for sale at $699,000, which is $129,764 (22.8%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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