8 Wellesley St E Ph1
Church-Yonge Corridor, Downtown Toronto, M4Y 3B2
FOR SALE
$1,598,800
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3
BEDROOMS3
BATHROOMS1
KITCHENS10
ROOMSC11920695
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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.
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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 |
Extras
Building is renovating hallways and main lobby (at no additional cost to unit owners)
Nearby Intersections
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.89' x 15.35' | |
| Dining | Main | 9.84' x 17.98' | Hardwood Floor |
| Living | Main | 13.91' x 23.98' | Hardwood Floor |
| Kitchen | Main | 11.88' x 15.42' | Stainless Steel Appl, B/I Appliances |
| 3rd Br | Main | 8.83' x 11.75' | Hardwood Floor, Murphy Bed |
| Prim Bdrm | 2nd | 13.68' x 31.79' | 4 Pc Ensuite, Broadloom, W/O To Terrace |
| 2nd Br | 2nd | 12.93' x 11.35' | Closet, Large Window |
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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 $787,658 (97.1%) higher than the average sold price of $811,142 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $63,103 (7.2%) compared to the previous 30 day period (November 18 - December 17) and down $145,992 (15.3%) from the same time one year ago.Inventory Change
There were 133 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 3.6% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($27,806) (3.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,644 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,059) 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 (December 18 - January 16) stood at 45.9%, up from 41.3% over the previous 30 days (November 18 - December 17) and down from 56.1% 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 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Irise
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