225 Wellesley St E 407
FOR SALE
$599,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC9255313
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Property Description
Welcome to 225 Wellesley, a 675 SQ FT condo in the city. The open-concept layout includes a kitchen with a built-in dishwasher, refrigerator, and stove. Washer and dryer are included. features two bathrooms: a full bath and a half bath. The main bedroom has two closets and an ensuite 5-piece bathroom. The den can be used as a second bedroom or office. Enjoy a spacious balcony. Includes a parking space and locker. Grocery stores, TTC, over 5 public schools, and a community center with a library are within walking distance. Amenities: rooftop terrace, party hall, library, gym, sauna, and 24/7 concierge service.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-20 | 2024-06-13 | 119 | $619,900 | - | Suspended |
| 2022-10-29 | 2024-02-07 | 466 | $624,900 | - | Terminated |
Extras
N/A
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,119 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Den | Main | 8.01' x 8.76' | |
| Br | Main | 9.02' x 14.37' | |
| Kitchen | Main | 9.65' x 8.89' | |
| Living | Main | 9.68' x 15.65' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 407 is a 1-bedroom 2-bathroom condo listed for sale at $599,000, which is $33,016 (5.8%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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