28 Wellesley St 2306
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$599,000
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Property Description
Fantastic Place In The Heart Of Downtown Toronto. The Luxurious Vox Condo Right Next To Wellesley Subway Station. Cozy 1 BR 1Bath Unit boasts a functional layout with plenty of natural light, Contemporary Open concept Kitchen with Granite Counters, Built-In Stainless-Steel Appliances. Finished With Laminate Flooring. 9 ceilings High and floor-to-ceiling windows create a spacious and airy atmosphere. State Of The Art, Soaring 20 Ft Lobby Hotel-Inspired Amenities, Fully-Equipped Gym, 24 Hr Concierge, Party Rooms, Billiards Room, Theatre, BBQ patios. Easy access to buses, subways, and streetcars. Steps To University Of Toronto, Toronto Metropolitan University. Walking Distance To Eaton Centre, Fines restaurants, Trendy Cafes, Banks, Hospital and Entertainment and more. Live in the Best Comfort and Supper Convenient Location and enjoy it.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-22 | 2022-08-22 | 0 | $2,500 | $2,500 | Leased |
| 2021-08-06 | 2021-08-06 | 0 | $2,200 | $2,200 | Leased |
Extras
S/S Fridge, Stove, Build-In S/S Dishwasher And Overhead Microwave W/Exhaust Hood Fan. Stacked Washer/Dryer. All Existing Light Fixtures And Window Coverings
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,992 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Wellesley St 2306 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $1,206 (0.2%) lower than the average sold price of $600,206 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,808 (0.5%) compared to the previous 30 day period (March 3 - April 1) and down $28,792 (4.6%) from the same time one year ago.Inventory Change
There were 1,838 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 2 - May 1), which is up 37.8% compared with the previous 30 day period (March 3 - April 1) and up 69.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,401) (1.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $2,593 increase compared to the previous 30 day period (March 3 - April 1) and ($2,771) 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 (April 2 - May 1) stood at 37.7%, down from 46.0% over the previous 30 days (March 3 - April 1) and down from 73.5% 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 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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