62 Wellesley St W 1206
Bay Street Corridor, Downtown Toronto, M5S 2X3
FOR SALE
$1,600,000
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC9370750
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Property Description
**Escape the Hassle of Commuting!** Discover the perfect blend of convenience and comfort in this rarely available townhouse alternative. Located at the heart of it all, you're just steps away from UofT, Hospital Row, College Park, Bay St, and the vibrant Yonge & Bloor intersection everything you need is within 500 meters or a quick 10-minute stroll! This unique opportunity boasts breathtaking panoramic views and offers ample space with 3 spacious bedrooms plus a versatile den/home office that captures the southwest view. Enjoy the luxury of a unit-length solarium, perfect for soaking in the natural light. With 2 full washrooms and an ensuite locker, youll have everything you need for modern living.Spanning over 1,800 sq. ft., this home combines urban accessibility, with spacious elegance. Dont miss your chance to live in the center of it all
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Extras
Existing appliances in as is condition (fridge, stove, dishwasher, microwave, washer & dryer) blinds, ELFs.
Nearby Intersections
Yonge & Bloor (477)
Bay & Wellesley (203)
Bloor & Avenue (378)
Yonge & Wellesley (230)
Bay & Bloor (494)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$5,450 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A/12)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
62 Wellesley St W 1206 is a 3-bedroom 2-bathroom condo listed for sale at $1,600,000, which is $790,440 (97.6%) higher than the average sold price of $809,560 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $27,093 (3.5%) compared to the previous 30 day period (August 6 - September 4) and down $185,146 (18.6%) from the same time one year ago.Inventory Change
There were 302 3-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 70.6% compared with the previous 30 day period (August 6 - September 4) and up 28.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($17,004) (2.1%) below asking price over the last 30 days (September 5 - October 4), which represents a $3,257 decrease compared to the previous 30 day period (August 6 - September 4) and ($27,231) 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 3-bedroom condos in Downtown Toronto over the last 30 days (September 5 - October 4) stood at 29.1%, down from 45.8% over the previous 30 days (August 6 - September 4) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 41 days when successfully sold over the last 30 days (September 5 - October 4), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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