81 Wellesley St E 1104
Church-Yonge Corridor, Downtown Toronto, M4Y 0C5
FOR SALE
$620,000
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Property Description
Only a one-year-old condo is located in the heart of downtown, steps to Wellesley subway station, and a 10-minute walk to UOT and TMU. The open-concept kitchen has built-in appliances, and the bathrooms are High-end, and fully tiled. There is 24-hour security. Enjoy the convenience and modern city living, a 9-foot Smooth Ceiling Throughout, and an open balcony with a beautiful view!
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Extras
Four gas cooktops, combo oven, hood, dishwasher, integrated refrigerator, washer & dryer, all existing light fixtures.
Nearby Intersections
Yonge & Bloor (468)
Jarvis & Carlton (94)
Jarvis & Wellesley (23)
Yonge & Wellesley (232)
Bay & Bloor (484)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,174 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.19' x 10.99' | Closet |
| Dining | Main | 18.04' x 19.03' | Combined W/Living |
| Living | Main | 18.04' x 19.03' | |
| Kitchen | Main | 11.48' x 14.76' | Open Concept |
| Bathroom | Main | 6.69' x 6.99' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 1104 is a 1-bedroom 1-bathroom condo listed for sale at $620,000, which is $51,861 (9.1%) higher than the average sold price of $568,139 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,741 (1.0%) compared to the previous 30 day period (July 21 - August 19) and down $46,514 (7.6%) from the same time one year ago.Inventory Change
There were 1,512 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 18.8% compared with the previous 30 day period (July 21 - August 19) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,027) (1.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $2,120 decrease compared to the previous 30 day period (July 21 - August 19) and ($7,870) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 20 - September 18) stood at 33.5%, down from 38.0% over the previous 30 days (July 21 - August 19) and down from 37.8% 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 34 days when successfully sold over the last 30 days (August 20 - September 18), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Jdl Realty Inc.
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