22 Wellesley St E 507
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$699,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Prime Location At Yonge And Wellesley, Next Door To Wellesley Subway Station. Beautifully Maintained One Bedroom Plus Den. Large Kitchen Island. Balcony With Gas BBQ. Den Has A Sliding Door And Can Be Used As The Second Bedroom. Lots of Amenities: Full Gym And Steam Room, Outdoor Jacuzzi and Recreation Room, Security Desk. Walking Distance To U Of T, Toronto Metropolitan University, Minutes To Bloor St, Yorkville, Bay Corridor, Eaton Centre And Great Restaurants. 98 Walk Score. A Great Investment In The Heart Of Toronto.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-12 | 2024-06-05 | 54 | $699,000 | - | Terminated |
| 2021-02-19 | 2021-03-24 | 32 | $1,800 | $1,800 | Leased |
Extras
Fridge, Stove, Microwave with Hood Fan, Dishwasher. Kitchen Island. Washer and Dryer. Gas BBQ. All Electrical Light Fixtures And Window Coverings.
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,465 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
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 | Main | 9.65' x 11.22' | Hardwood Floor, W/O To Balcony, Combined W/Kitchen |
| Kitchen | Main | 9.28' x 11.19' | Hardwood Floor, Centre Island, Quartz Counter |
| Prim Bdrm | Main | 10.47' x 9.55' | Broadloom, Large Window, Closet |
| Den | Main | 8.66' x 7.35' | Hardwood Floor, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Wellesley St E 507 is a 1-bedroom 1-bathroom condo listed for sale at $699,000, which is $97,029 (16.1%) higher than the average sold price of $601,971 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,539 (1.3%) compared to the previous 30 day period (April 26 - May 25) and down $32,279 (5.1%) from the same time one year ago.Inventory Change
There were 1,749 1-bedroom condos listed in Downtown Toronto over the last 30 days (May 26 - June 24), which is down 7.1% compared with the previous 30 day period (April 26 - May 25) and up 18.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,804) (1.8%) below asking price over the last 30 days (May 26 - June 24), which represents a $3,525 decrease compared to the previous 30 day period (April 26 - May 25) and ($2,868) 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 (May 26 - June 24) stood at 32.1%, down from 32.6% over the previous 30 days (April 26 - May 25) and down from 54.7% 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 23 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Montano Group Realty
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