22 Wellesley St E 1802
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$599,900
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BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSC9257639
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Property Description
Rarely Offered Loft Style (Concrete Ceiling) 1 Bed + Den Condo With Functional Layout Next To Wellesley Subway Station! Open South City View Through Floor-To-Ceiling Windows & Balcony! Huge Den That Can Be Used As Second Room Or Home Office! Perfect For First Time Home Buyer Or Investor. Walking Distance To Everything In Toronto Downtown Core!! One Locker Is Included!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-02 | 2021-03-05 | 4 | $1,700 | $1,700 | Leased |
| 2020-12-17 | 2021-02-28 | 73 | $1,700 | - | Terminated |
| 2019-12-09 | 2020-01-12 | 34 | $2,180 | $2,150 | Leased |
| 2019-09-23 | 2019-12-07 | 75 | $2,300 | - | Terminated |
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,647 (2024)
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Fan Coil
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 |
|---|---|---|---|
| Living | Flat | 19.36' x 10.79' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Flat | 19.36' x 10.79' | Combined W/Living, Laminate |
| Kitchen | Flat | 19.36' x 10.79' | Combined W/Kitchen, Laminate, Stainless Steel Appl |
| Prim Bdrm | Flat | 10.96' x 9.06' | Window Flr to Ceil, Closet, Laminate |
| Den | Flat | 7.84' x 8.73' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Wellesley St E 1802 is a 1-bedroom 1-bathroom condo listed for sale at $599,900, which is $30,664 (5.4%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 King`S Quay Real Estate Inc.
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