8 Wellesley St E Ph1

FOR SALE
$1,598,800
8 Wellesley St E Ph1, Downtown Toronto
8 Wellesley St E Ph1
8 Wellesley St E Ph1
8 Wellesley St E Ph1
8 Wellesley St E Ph1
8 Wellesley St E Ph1
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
C11920695
MLSID
Contact Us
Property Description
Renovated 2000 Square foot 2 storey loft condo with massive private terrace and massive main floor pantry/storage (plus an underground locker). 15ft ceilings on the main floor. 3 Full bathrooms (one full bathroom on the main floor); 2 full bathroom upstairs. Massive master bedroom with ensuite laundry and master bath which features 2 separately controlled shower heads. Pantry on main floor; murphy bed in the 3rd bedroom to make it a bedroom / home office. Minutes away from yorkville and a 5 second walk to Wellesley subway station. There is no unit like this on the market. **EXTRAS** Building is renovating hallways and main lobby (at no additional cost to unit owners)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-06 2025-01-13 68 $1,679,900 - Terminated
2024-09-12 2024-11-06 55 $1,799,900 - Terminated
Nearby Intersections
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
2000-2249
Taxes
$6,481 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A-19)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain10.89' x 15.35'
DiningMain9.84' x 17.98'Hardwood Floor
LivingMain13.91' x 23.98'Hardwood Floor
KitchenMain11.88' x 15.42'Stainless Steel Appl, B/I Appliances
3rd BrMain8.83' x 11.75'Hardwood Floor, Murphy Bed
Prim Bdrm2nd13.68' x 31.79'4 Pc Ensuite, Broadloom, W/O To Terrace
2nd Br2nd12.93' x 11.35'Closet, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E Ph1 is a 3-bedroom 3-bathroom condo listed for sale at $1,598,800, which is $408,101 (34.3%) higher than the average sold price of $1,190,699 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $294,214 (32.8%) compared to the previous 30 day period (December 20 - January 18) and up $306,001 (34.6%) from the same time one year ago.
Inventory Change
There were 224 3-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 58.9% compared with the previous 30 day period (December 20 - January 18) and up 14.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($28,807) (2.4%) below asking price over the last 30 days (January 19 - February 17), which represents a $8,227 increase compared to the previous 30 day period (December 20 - January 18) and ($19,719) 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 3-bedroom condos in Downtown Toronto over the last 30 days (January 19 - February 17) stood at 22.8%, down from 39.0% over the previous 30 days (December 20 - January 18) and down from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 19 - February 17), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Irise
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