159 Wellesley St E 404
FOR SALE
$599,888
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to your urban oasis in the heart of downtown Toronto! This exceptional 1+1 bedroom, 2 bathroom condo offers the perfect blend of sophistication and convenience. Situated in the bustling downtown core, this unit includes the coveted features of 1 parking space and 1 locker to make city living a breeze. The primary bedroom is a serene sanctuary with its own ensuite bathroom, offering privacy and comfort. The versatile den, or +1 bedroom, can serve as a home office, guest room, or a cozy reading nook - the choice is yours. An additional bathroom ensures convenience and comfort for both residents and guests. World-class dining, entertainment, shopping, and cultural experiences are at your doorstep. Whether you're looking to explore the vibrant nightlife, enjoy a leisurely stroll in a nearby park, or simply want to be at the center of it all, this condo offers you the ultimate urban lifestyle.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-06 | 2024-04-08 | 33 | $649,888 | - | Terminated |
| 2024-01-30 | 2024-03-06 | 36 | $649,888 | - | Terminated |
| 2023-11-09 | 2024-01-30 | 82 | $499,900 | - | Terminated |
| 2023-11-09 | 2023-11-17 | 8 | $499,900 | $560,000 | Sold |
| 2022-08-19 | 2022-11-19 | 92 | $728,888 | - | Expired |
Extras
All Electrical Light Fixtures, All Window Coverings, All Appliances
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,500 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
159 Wellesley St E 404 is a 1-bedroom 2-bathroom condo listed for sale at $599,888, which is $318 (0.1%) lower than the average sold price of $600,206 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,808 (0.5%) compared to the previous 30 day period (March 3 - April 1) and down $28,792 (4.6%) from the same time one year ago.Inventory Change
There were 1,838 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 2 - May 1), which is up 37.8% compared with the previous 30 day period (March 3 - April 1) and up 69.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,401) (1.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $2,593 increase compared to the previous 30 day period (March 3 - April 1) and ($2,771) 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 (April 2 - May 1) stood at 37.7%, down from 46.0% over the previous 30 days (March 3 - April 1) and down from 73.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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