24 Wellesley St W 512
Bay Street Corridor, Downtown Toronto, M4Y 2X6
FOR SALE
$655,000
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
Welcome to The Century Plaza at the prime location of Yonge/Wellesley. Offering great value downtown for rarely available corner unit. Almost 800sqft of spacious living space. South views allows natural light into the spacious 1x bedroom with walk-in closet & ensuite bath. Solarium is perfect for office work or relaxing. Kitchen with soft close drawers, Caeserstone quartz countertops, cabinet organizers and modern stainless steel appliances look into the large living room, and the convenience of a second bathroom is always welcome! All utilities included: hydro, a/c, heat, water, Rogers Ignite cable tv & high speed 1.5GB fiber internet. Extremely convenient location, close to everything downtown offers: restaurants, shopping, TTC, malls, parks, hospital, universities, 24 hour Rabba. PARKING AND LOCKER INCLUDED, with plenty of visitor parking. Building amenities include gym, indoor/outdoor hot tub, sauna, library, party/meeting room, and access to multiple rooftop terraces. Quiet, well managed building (no airbnb) with a beloved 24-hour concierge team.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-25 | 2024-11-25 | 31 | $599,900 | - | Terminated |
Extras
All utilities included. Locker, 24hr concierge, gym, indoor/outdoor hot tub, sauna, library, party room & rooftop terraces. Renovations previously done to the living room, kitchen, front entry, powder room, shower.
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,997 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.58' x 19.03' | |
| Kitchen | Flat | 6.69' x 10.01' | |
| Prim Bdrm | Flat | 10.86' x 13.12' | |
| Solarium | Flat | 7.55' x 9.32' | |
| Foyer | Flat | 4.63' x 7.25' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
24 Wellesley St W 512 is a 1-bedroom 2-bathroom condo listed for sale at $655,000, which is $82,540 (14.4%) higher than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 (October 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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