24 Wellesley St W 322

FOR SALE
$615,000
24 Wellesley St W 322, Downtown Toronto
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
24 Wellesley St W 322
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C10413678
MLSID
Contact Us
Property Description
* Highly Sought-After Junior One Bedroom Unit In Prime The Bay Street Corridor * Sunfilled With 9 Foot High Ceiling * The Unit Was Newly Renovated * Newer Laminated Flooring Throughout * Modern Kitchen * Updated Extra Large Bathroom * Walk To The Financial District, U Of T, Yorkville, Queen's Park, Bloor/Yonge And Subway/Ttc.... * Exceptional Value, Perfect For First Time Homebuyers, Professionals, Downsizers And Students * Maintenance Fee Include Hydro, Cable Tv., Water, Central Air, Heat And Underground Visitor Parking *
Extras
S.S. Fridge (2022), S.S. Dishwshr (2022), S.S. Stove (2022), Hood Fan, Wshr/Dryer, All Wdw Coverings, All Elfs. Bldg Amenities Include 24 Hrs. Concierge, Gym, Indoor & Outdoor Spas, Rooftop Deck, Library W/Free Internet And Visitor Parking.
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,296 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat11.22' x 12.24'Laminate, Open Concept, Combined W/Dining
DiningFlat10.60' x 8.30'Laminate, Combined W/Kitchen, Open Concept
KitchenFlat10.60' x 8.30'Laminate, Stainless Steel Appl, Open Concept
BrFlat7.55' x 10.50'Laminate, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
24 Wellesley St W 322 is a 1-bedroom 1-bathroom condo listed for sale at $615,000, which is $48,436 (8.5%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.
Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Tradeworld Realty Inc
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