28 Wellesley St E 311
Church-Yonge Corridor, Downtown Toronto, M4Y 1T1
FOR SALE
$399,999
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BEDROOMS1
BATHROOMS1
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Property Description
Enjoy the convenience of living in this bright and sunny condo unit in the heart of the downtown Toronto, near Yonge and Wellesley station. Open Concept Layout, 9 Feet smooth Ceiling, Modern Finishing, Stainless Steel Built-In Euro Appliances, Juliet Balcony, & Laminate Throughout. Mins Walk To Wellesley Station! 5 Mins To Yonge/Bloor Station & Downtown Path! Steps To Business Zone, Shops & Services, Library, Community Center and More! Great Amenities - Exercise Room, Gym, Outdoor Pool, Party/Meeting Room.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-03 | 2023-07-12 | 39 | $525,000 | - | Terminated |
| 2021-08-04 | 2021-08-06 | 2 | $1,799 | $1,799 | Leased |
| 2019-06-04 | 2019-06-20 | 16 | $399,000 | $468,000 | Sold |
Extras
Granite Counter Top, Floor To Ceiling Windows, Modern Fixtures.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,960 (2024)
Basement
None
Exterior
Other
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 E 311 is a 0-bedroom 1-bathroom condo listed for sale at $399,999, which is $3,545 (0.9%) higher than the average sold price of $396,454 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $27,450 (6.5%) compared to the previous 30 day period (August 18 - September 16) and down $60,270 (13.2%) from the same time one year ago.Inventory Change
There were 79 0-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is up 5.3% compared with the previous 30 day period (August 18 - September 16) and down 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($11,277) (2.8%) below asking price over the last 30 days (September 17 - October 16), which represents a $9,535 decrease compared to the previous 30 day period (August 18 - September 16) and ($7,447) 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 0-bedroom condos in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 27.8%, down from 28.0% over the previous 30 days (August 18 - September 16) and down from 35.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 41 days when successfully sold over the last 30 days (September 17 - October 16), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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