28 Wellesley St E 2304
Church-Yonge Corridor, Downtown Toronto, M4Y 1G3
FOR SALE
$818,000
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BEDROOMS2
BATHROOMS1
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Property Description
Located Heart Of Downtown Near Yonge And Wellesley. Steps To Wellesley Subway Station, U Of T, Shopping, Restaurants. Hotel-Inspired Amenities With Outdoor Party & BBQ Area Fully-Equipped Gym & 24-Hr Concierge. Beautiful Two Bedroom Corner Unit, Bright South East View . Open Concept Sought-After Layout With 9Ft Smooth Ceiling, Laminate Floor, Floor To Ceiling Windows, Modern Kitchen. A Must See!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-23 | 2023-08-26 | 3 | $3,900 | $3,900 | Leased |
| 2018-09-27 | 2018-11-23 | 57 | $2,990 | $2,900 | Leased |
Extras
Designer Kitchen With European Appliances(Fridge, Stove, B/I Dishwasher, B/I Microwave), Ensuite Stacked Washer/Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,818 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Wellesley St E 2304 is a 2-bedroom 2-bathroom condo listed for sale at $818,000, which is $25,102 (3.0%) lower than the average sold price of $843,102 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $8,204 (1.0%) compared to the previous 30 day period (April 26 - May 25) and up $7,966 (1.0%) from the same time one year ago.Inventory Change
There were 1,558 2-bedroom condos listed in Downtown Toronto over the last 30 days (May 26 - June 24), which is down 0.8% compared with the previous 30 day period (April 26 - May 25) and up 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,686) (1.9%) below asking price over the last 30 days (May 26 - June 24), which represents a $759 increase compared to the previous 30 day period (April 26 - May 25) and ($2,425) 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 (May 26 - June 24) stood at 35.4%, down from 36.8% over the previous 30 days (April 26 - May 25) and down from 58.7% 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 24 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Powerland Realty
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