28 WELLESLEY St E 202
Church-Yonge Corridor, Downtown Toronto, M4Y 0C4
FOR SALE
$499,999
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSC10428263
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Property Description
SOUTH CLEAR VIEW, TWO BEDROOMS WITH WINDOWS, STAINLESS STEEL APPLIANCES, HIGH END, LUXURIOUS FEATURES & FINISHES. DOWNTOWN CORE CENTER. 1 MINUTE TO WELLESLEY SUBWAY STATION, MINUTES WALKING TO HOSPITALS. SHOPPING, UNIVERSITY OF TORONTO, RYERSON/TORONTO METROPOLITAN UNIVERSITY, YORKVILLE, MUSEUMS, ART GALLERY, THEATER, 2900+RENTAL INCOME/MONTH. RARE TO FIND OPPORTUNITY IN HEART OF TORONTO.SUNSHINE TWO BEDROOMS 1 MIN TO SUBWAY WITH HIGH RENTAL INCOME .ALL FURNITURE INCLUDED
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-17 | 2025-01-16 | 60 | $499,999 | - | Expired |
2024-08-23 | 2024-11-21 | 91 | $2,600 | - | Expired |
2021-07-13 | 2021-08-04 | 23 | $2,300 | $2,300 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,169 (2024)
Basement
Finished
Exterior
Alum Siding
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 WELLESLEY St E 202 is a 2-bedroom 1-bathroom condo listed for sale at $499,999, which is $231,686 (31.7%) lower than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Mypro Realty
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