22 Wellesley St E 1508
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$820,000
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Property Description
*Gas Line On Balcony For BBQ!* Your Opportunity To Live In The Prestigious 22 Condominiums In The Heart Of Downtown! Functional Split Bedroom Layout With Modern Finishes And A Sun-Filled View. Spacious Primary Bedroom With Ensuite Bathroom And Dual Closet Space. Open Concept Living Space With Full Size Quartz-Top Kitchen and Floor-to-Ceiling Windows. Conveniently Located Above Wellesley Subway Station And Steps To Yonge Corridor. Minutes To Public Transits, Financial District, UofT & TMU and Shopping (Eaton Centre & Yorkville). Includes One Underground Parking And One Locker. Move In Ready!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-21 | 2022-07-24 | 3 | $3,600 | $3,800 | Leased |
Extras
Stainless Steel Appliance: Fridge, Stove Oven, Hood Range, Dishwasher; Washer & Dryer and Existing Light Fixtures. Excellent Amenities Including Gym, Sauna & Outdoor Jacuzzi, Concierge, and more!
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,644 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P49)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 4.92' x 12.30' | Hardwood Floor, Closet, 4 Pc Bath |
| Living | Flat | 10.89' x 18.90' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.89' x 18.90' | Hardwood Floor, Large Window, Combined W/Living |
| Kitchen | Flat | 7.55' x 8.86' | Family Size Kitchen, Stainless Steel Appl, Quartz Counter |
| Prim Bdrm | Flat | 8.99' x 12.80' | 4 Pc Ensuite, Double Closet, Large Window |
| 2nd Br | Flat | 11.91' x 12.50' | Mirrored Closet, Double Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Wellesley St E 1508 is a 2-bedroom 2-bathroom condo listed for sale at $820,000, which is $13,763 (1.7%) higher than the average sold price of $806,237 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $12,070 (1.5%) compared to the previous 30 day period (March 3 - April 1) and up $1,180 (0.1%) from the same time one year ago.Inventory Change
There were 1,623 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 2 - May 1), which is up 40.2% compared with the previous 30 day period (March 3 - April 1) and up 47.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,288) (1.5%) below asking price over the last 30 days (April 2 - May 1), which represents a $1,484 decrease compared to the previous 30 day period (March 3 - April 1) and ($7,131) 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 (April 2 - May 1) stood at 43.4%, down from 50.9% over the previous 30 days (March 3 - April 1) and down from 63.7% 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 (April 2 - May 1), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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