159 Wellesley St E 1809
FOR SALE
$550,000
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BEDROOMS1
BATHROOMS1
KITCHENS6 + 2
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Property Description
Check out the rest and then come back and check out this one. By far the most desirable unit of this size in the area. The huge south/west 180 degrees view "L" shaped wrap around balcony and floor to ceiling windows sets this one apart from all others. High potential rental return. Beautiful Corner unit south & west facing. High floor with unobstructed city/downtown view. Functional & spacious layout. Floor to ceiling windows in bedroom including south and west wall, with a wrap around huge 140+ square foot balcony like no other. The most amazing views and location. Detailed floor plan highlighting many feature and the huge balcony and detailed video available. **EXTRAS** Short walk to both universities as well as to Yonge/Wellesley Subway & Bloor/Sherbourne Subway. Amenities Include 24-Hour /Concierge, Indoor Fitness Studio W/Yoga Room & Zen Inspired Sauna. Walk to Cabbagetown and Rosedale area nearby.
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Nearby Intersections
Property Features
Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,353 (2024)
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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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 5.91' x 16.67' | Double Closet, Formal Rm |
| Kitchen | Flat | 4.99' x 10.83' | Quartz Counter, Open Concept, Window Flr to Ceil |
| Dining | Flat | 6.66' x 8.83' | W/O To Balcony, Window Flr to Ceil, Sw View |
| Living | Flat | 7.84' x 16.93' | W/O To Balcony, Open Concept, Window Flr to Ceil |
| Prim Bdrm | Flat | 9.25' x 10.24' | Window Flr to Ceil, Double Closet, Sw View |
| Bathroom | Flat | 4.92' x 7.58' | 4 Pc Bath, Ceramic Floor |
| Laundry | Flat | 3.28' x 3.28' | Closet |
| Other | Flat | 4.86' x 28.41' | Balcony, Concrete Floor, Sw View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
159 Wellesley St E 1809 is a 1-bedroom 1-bathroom condo listed for sale at $550,000, which is $7,110 (1.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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