159 Wellesley St E 609
Church-Yonge Corridor, Downtown Toronto, M4Y 0H5
FOR SALE
$549,000
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Property Description
Beautiful 2 Bedrooms North West Corner Unit. Great Location! 1.5km to University of Toronto (St. George Campus), 2km to Toronto Metropolitan University (formerly Ryerson). 7 Minutes Walk to Yonge/Wellesley Subway and Bloor/Sherbourne Subway. 24-Hour Concierge, pet wash station, Great Facilities: Fully Appointed Indoor Fitness Studio w/Yoga Room & Zen Inspired Sauna, Locker Included. 2nd Bedroom has Door. Very Large Wrap Around Balcony.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-18 | 2023-08-20 | 2 | $2,750 | $2,750 | Leased |
| 2022-06-12 | 2022-06-15 | 5 | $2,300 | $2,300 | Leased |
| 2021-08-06 | 2021-08-06 | 0 | $2,300 | $2,300 | Leased |
Extras
B/I Stove, Fridge, and Dishwasher, Washer/Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,267 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.65' x 7.48' | Open Concept, Laminate, Combined W/Living |
| Kitchen | Flat | 13.65' x 7.48' | Open Concept, Laminate, Combined W/Kitchen |
| Living | Flat | 13.65' x 7.48' | Stainless Steel Appl, Laminate, Combined W/Kitchen |
| Br | Flat | 7.74' x 8.60' | Laminate, Closet, Window Flr to Ceil |
| 2nd Br | Flat | 8.99' x 5.74' | Laminate, W/O To Balcony, Window Flr to Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
159 Wellesley St E 609 is a 2-bedroom 1-bathroom condo listed for sale at $549,000, which is $228,899 (29.4%) lower than the average sold price of $777,899 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,619 (1.1%) compared to the previous 30 day period (July 21 - August 19) and down $15,780 (2.0%) from the same time one year ago.Inventory Change
There were 1,415 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 31.1% compared with the previous 30 day period (July 21 - August 19) and up 12.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,467) (2.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $4,416 increase compared to the previous 30 day period (July 21 - August 19) and ($10,475) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 20 - September 18) stood at 31.0%, down from 42.1% over the previous 30 days (July 21 - August 19) and down from 35.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (August 20 - September 18), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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