225 Wellesley St E 216
FOR SALE
$799,000
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BEDROOMS2
BATHROOMS1
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Property Description
Meticulously maintained and designed for both comfort and style, this spacious oasis boasts a versatile split-bedroom layout. Step into 959 sq ft of thoughtfully crafted living space, where large bedrooms create serene retreats, and the flexible dining room/den adapts to suit your lifestyle. The primary bedroom and living room feature elegant California shutters, adding a touch of sophistication and privacy. Warm chocolate walnut flooring flows throughout, paired with abundant closet space for all your storage needs. Enjoy multiple walkouts to a private, sun-filled south-facing terrace perfect for morning coffee or evening relaxation. Indulge in 24-hour amenities, including a rooftop patio with breathtaking city views, six BBQs, plenty of seating, a peaceful garden, and a bright solarium for cozy afternoon rests. Additional conveniences include a library with Wi-Fi, a fully equipped gym, and a sauna, ideal for unwinding and recharging. With unbeatable transit access right at your doorstep and just steps from two nearby stations this neighborhood offers everything for the urban lifestyle. Enjoy a high walk score, with a community center, grocery store, coffee shops, and diverse restaurants all just a short stroll away. More than just a home, this is the lifestyle upgrade you've been waiting for!
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Extras
Extra Large Terrace 143 square feet faces south for over residential area. Walk Score: 98 Riders Paradise: 90 Bikers Paradise: 100
Nearby Intersections
Property Features
Library, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,904 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level B)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 6.43' x 8.60' | Combined W/Laundry, Double Closet |
Kitchen | Flat | 6.99' x 10.01' | Breakfast Bar, Granite Counter, Double Sink |
Den | Flat | 8.99' x 10.01' | Combined W/Dining, Open Concept, Laminate |
Living | Flat | 8.99' x 19.69' | Laminate, 5 Pc Ensuite, His/Hers Closets |
2nd Br | Flat | 8.99' x 10.01' | W/O To Balcony, Laminate, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 216 is a 2-bedroom 2-bathroom condo listed for sale at $799,000, which is $60,248 (8.2%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) 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 2-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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