50 Wellesley St E 508
Church-Yonge Corridor, Downtown Toronto, M4Y 0C8
FOR SALE
$990,000
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Property Description
9 Ft ceiling*768 Sqf+Balcony*SE Corner*2-B Model(2 Bath)*ONE PARKING AND ONE LOCKER INCLUDED*Amazing*50 Weslley St*Location Location Location*Two Bedroom with Two Washroom Suite with Amazing South East View by Plaza, One Minute Walk to Wellesley Station, Steps to UoT, Shops, Restaurants, Recreation Centre and all kinds of facilities. Full Size, Gorgeous Corner Balcony, Spacious Bright and Wide Open Concept, Laminate Flooring Throughout And Quality Finishes. Prime Location in the City Core. Abundant amenity including 24h security, concierge, gym, party room, guest room and more!Owner Occupied*Never Rented Before
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Extras
ONE PARKING(P2#43) AND One locker(P2#69) included. S/S Appliances*Fridge, Stove, Washer And Dryer, B/I Dishwasher and Range Hood, Microwave, All Window Coverings, All Elfs, Quartz Counter Top.
Nearby Intersections
Property Features
Clear View, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,184 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.99' x 10.79' | Combined W/Dining, W/O To Balcony, South View |
| Dining | Main | 16.99' x 10.79' | Combined W/Living, Laminate, Open Concept |
| Kitchen | Main | 16.99' x 10.79' | Stainless Steel Appl, Quartz Counter, Open Concept |
| Prim Bdrm | Main | 9.25' x 11.32' | 3 Pc Ensuite, Laminate, South View |
| 2nd Br | Main | 6.56' x 9.74' | Large Window, Laminate, Closet |
| Foyer | Main | 3.28' x 3.28' | Laminate, Closet, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Wellesley St E 508 is a 2-bedroom 2-bathroom condo listed for sale at $990,000, which is $220,337 (28.6%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept
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