22 Wellesley St E 1108
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$789,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
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Property Description
Don't miss this luxurious 2-bedroom, 2-washroom unit, which offers stunning spacious unit, perfect for comfortable urban living. Bedrooms are Full Sized. The master bedroom features an en-suite washroom, while the second bedroom is ideal for guests or a home office. Situated in the heart of Toronto, this unit is walking distance to both University of Toronto and Ryerson, vibrant dining options, entertainment venues, and convenient public transit, making it an ideal location for both families, students and professionals.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,645 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.89' x 18.90' | |
| Dining | Flat | 10.89' x 18.90' | |
| Kitchen | Flat | 7.55' x 8.86' | |
| Prim Bdrm | Flat | 8.99' x 12.80' | |
| 2nd Br | Flat | 11.91' x 12.50' | |
| Foyer | Flat | 4.92' x 12.30' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Wellesley St E 1108 is a 2-bedroom 2-bathroom condo listed for sale at $789,000, which is $51,278 (6.1%) lower than the average sold price of $840,278 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $11,860 (1.4%) compared to the previous 30 day period (May 1 - May 30) and up $10,589 (1.3%) from the same time one year ago.Inventory Change
There were 1,462 2-bedroom condos listed in Downtown Toronto over the last 30 days (May 31 - June 29), which is down 6.5% compared with the previous 30 day period (May 1 - May 30) and up 7.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,108) (1.9%) below asking price over the last 30 days (May 31 - June 29), which represents a $919 decrease compared to the previous 30 day period (May 1 - May 30) and ($3,809) 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 (May 31 - June 29) stood at 36.1%, down from 37.6% over the previous 30 days (May 1 - May 30) and down from 72.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (May 31 - June 29), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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