225 Wellesley St E 1002
FOR SALE
$679,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to "The Star Of Downtown" in the heart of Cabbagetown! Large 915 square feet split 2 bedrooms, 2 bathrooms suite with prime south view of the Toronto skyline and the CN Tower. Awesome open concept layout, large primary bedroom with "His & Hers" closets and 4-piece ensuite. Just a few minutes drive to the DVP, this building is steps to absolutely everything Downtown living requires. Walk to schools, supermarket, TTC - Wellesley and Sherbourne stations. Parking & Locker Included. Don't miss out! **EXTRAS** Stainless steel fridge, stove, dishwasher, and hood fan, All electrical light fixtures and window blinds. Stacked washer and dryer.
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Nearby Intersections
Property Features
Clear View, Library, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,868 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Unit 146Level C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 9.81' x 18.37' | South View, W/O To Balcony, Laminate |
| Dining | Ground | 9.81' x 18.37' | Combined W/Living, Laminate |
| Kitchen | Ground | 9.65' x 9.71' | Granite Counter, Stainless Steel Appl, Pantry |
| Prim Bdrm | Ground | 9.06' x 16.08' | His/Hers Closets, 4 Pc Ensuite, Laminate |
| 2nd Br | Ground | 9.06' x 12.20' | Mirrored Closet, W/O To Balcony, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 1002 is a 2-bedroom 2-bathroom condo listed for sale at $679,900, which is $76,701 (10.1%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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