28 Wellesley St St E 3501
Church-Yonge Corridor, Downtown Toronto, M4Y 0C4
FOR SALE
$499,900
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BEDROOMS1
BATHROOMS1
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Property Description
Luxury Studio Unit With Balcony And Great City View. Floor To Ceiling Windows, 9 Feet Ceiling, Open Concept Kitchen, Stainless Steel Appliances, Full Size Washer & Dryer, Granite Counter Tops, Wood Floor Through-Out. AAA Location, Next To Yonge-Wellesley Subway Station, Steps To Bloor St, Shopping, Restaurants. Minutes' Walking Distance To U Of T And Toronto Metropolitan University. Soaring 20 Ft Furnished Lobby. State Of The Art, Hotel-Inspired Amenities, Fully-Equipped Gym And 24 Hours Concierge. Walk Score Of 99 And Transit Score of 97! Perfect For Young Professionals, Students Or Investors!
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Extras
S/S Fridge, Stove, Overhead Microwave With Exhaust Fan, Dishwasher, Stacked Washer/ Dryer, All Existing Window Coverings, All Existing Electrical Light Fixtures And All Existing Furniture.
Nearby Intersections
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,931 (2024)
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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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.84' x 13.68' | Open Concept, Combined W/Kitchen, Window Flr to Ceil |
| Kitchen | Flat | 9.84' x 13.68' | Stainless Steel Appl, Combined W/Living, Window Flr to Ceil |
| Bathroom | Flat | 6.66' x 8.99' | 3 Pc Bath, Window, West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Wellesley St St E 3501 is a 0-bedroom 1-bathroom condo listed for sale at $499,900, which is $78,661 (18.7%) higher than the average sold price of $421,239 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $1,656 (0.4%) compared to the previous 30 day period (July 20 - August 18) and down $33,428 (7.4%) from the same time one year ago.Inventory Change
There were 77 0-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 16.7% compared with the previous 30 day period (July 20 - August 18) and down 9.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,308) (0.5%) below asking price over the last 30 days (August 19 - September 17), which represents a $13,904 increase compared to the previous 30 day period (July 20 - August 18) and ($8,042) 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 0-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 29.9%, down from 36.4% over the previous 30 days (July 20 - August 18) and down from 32.9% 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 35 days when successfully sold over the last 30 days (August 19 - September 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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