24 Wellesley St W 2508
Bay Street Corridor, Downtown Toronto, M4Y 2X6
FOR SALE
$1,298,000
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BEDROOMS2
BATHROOMS1
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Property Description
Here is your opportunity to own a spectacular 2 Bedroom*2 Baths plus Terraced W/Clear Panoramic Views Of Skyline & Lake-Breathtaking!Brand New Flooring throughout.With in the renowned Century Plaza located in one of the most desirable downtown neighbourhoods. Open concept living room with a separate dining area. Amenities include 24-hour concierge, indoor and outdoor jacuzzis, gym, shared rooftop deck, library and visitors parking. Walkers paradise, Steps to U of T, Toronto Metropolitan University, the Financial District, Yorkville, Queen's Park, Bloor/Yonge, Subway/TTC, incredible eateries & more.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-15 | 2024-03-08 | 22 | $988,000 | - | Suspended |
| 2024-01-12 | 2024-02-12 | 31 | $1,380,000 | - | Suspended |
Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$5,084 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
24 Wellesley St W 2508 is a 2-bedroom 2-bathroom condo listed for sale at $1,298,000, which is $492,931 (61.2%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) 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 (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% 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 25 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Golden Ridge Harborelite Realty
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