8 Wellesley St E 203
Church-Yonge Corridor, Downtown Toronto, M4Y 3B2
FOR SALE
$588,888
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Property Description
Welcome to 8 Wellesley Street East, a unique boutique condo in downtown Toronto with a blend of modern design and city convenience. The open-concept layout features engineered hardwood floors ('21), while 10.5'-foot coffered ceilings add a spacious feel with pot lights for added ambiance. The completely renovated kitchen ('21) boasts new cabinetry, a waterfall granite countertop with a breakfast bar, undermount sink, under cabinet lighting, ambient above cabinet lighting and 12"x24" porcelain floors. The large primary bedroom provides ample space for your furnishings and the den boasts a murphy bed/desk system. Relax at the end of the day in the whirlpool bathtub. A rooftop garden with a barbeque area offers a serene escape from the city, perfect for relaxation or hosting friends. The building's prime location places you steps from UofT, TMU and all that Yorkville has to offer. The Wellesley subway station is at your doorstep, for the ultimate in convenience. Freshly painted and recently renovated, this unit is move-in ready. The boutique nature of the building fosters a sense of community, offering a personal touch with a concierge and exceptional security.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-01 | 2024-12-02 | 31 | $599,888 | - | Terminated |
| 2024-08-07 | 2024-10-31 | 85 | $599,888 | - | Expired |
| 2024-05-27 | 2024-08-07 | 72 | $629,888 | - | Terminated |
| 2024-05-21 | 2024-05-27 | 6 | $599,888 | - | Terminated |
| 2020-09-15 | 2020-09-24 | 9 | $1,900 | $1,900 | Leased |
| 2020-09-09 | 2020-09-15 | 6 | $2,400 | - | Terminated |
Extras
Whirlpool bath, pot lights, coffered ceilings, stainless steel appliances. 1 parking space (owned). Exclusive use locker on the same floor as the unit. This is a pet friendly building and best of all - 100% walking score!
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,519 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B6)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 12.47' | Hardwood Floor, Combined W/Dining, Window |
| Dining | Main | 8.69' x 12.47' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 8.43' x 8.86' | Renovated, Granite Counter, Breakfast Bar |
| Prim Bdrm | Main | 10.86' x 14.70' | Broadloom, Closet, Window |
| Den | Main | 7.91' x 9.22' | Broadloom, Murphy Bed |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E 203 is a 1-bedroom 1-bathroom condo listed for sale at $588,888, which is $21,977 (3.9%) higher than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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