8 Wellesley St E 701
Church-Yonge Corridor, Downtown Toronto, M4Y 3B2
FOR SALE
$680,000
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Property Description
At The Corner Of Yonge And Wellesley . Next To Wellesley Subway.Spacious 2 Bedrooms With Parking And Locker Soaring High 10.5 Foot Ceilings,Open Concept. Ensuite HVAC. Own air supply from outside window. Not sharing germs through the venting. Don't smell neighbours cooking. Walking Distance To Uof T, TMU, George Brown,Yorkville, Eaton Centre,Hospital Corridor, Queens Park, Rom & Manulife Centre. Priced To Sell!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-04-06 | 2020-04-10 | 4 | $649,000 | $650,000 | Sold |
| 2020-03-25 | 2020-04-02 | 8 | $2,895 | - | Suspended |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,897 (2024)
Basement
None
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B, Unit 3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.02' x 18.27' | Gas Fireplace, Combined W/Dining |
| Dining | Main | 13.02' x 18.27' | Pot Lights, Combined W/Living |
| Kitchen | Main | 7.87' x 9.51' | B/I Shelves |
| Prim Bdrm | Main | 10.33' x 15.65' | 4 Pc Bath, His/Hers Closets |
| 2nd Br | Main | 12.47' x 12.57' | His/Hers Closets, French Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E 701 is a 2-bedroom 1-bathroom condo listed for sale at $680,000, which is $92,968 (12.0%) lower than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Homecomfort Realty Inc.
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