81 Wellesley St E 1201
Church-Yonge Corridor, Downtown Toronto, M4Y 0C5
FOR SALE
$1,130,000
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Property Description
Welcome to this stunning 2-bedroom, 2-bathroom unit in a brand new building at 81 Wellesley Street East, offering an unparalleled living experience in the heart of downtown Toronto. With 936 square feet of open-concept living space and soaring high ceilings, this home is designed to impress. The modern kitchen boasts high-end built-in appliances, perfect for any cooking enthusiast, while sleek wall-mounted toilets and modernized blinds add to the units sophisticated charm. Enjoy an additional 141 square feet of outdoor living space spread across two spacious balconies. Situated in a prime central location, this property is just steps away from the University of Toronto, the subway, and a vibrant array of shops and restaurants, offering both convenience and style for urban living.
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Extras
B/I FRIDGE, B/I DISHWASHER, WASHER & DRYER, GAS COOKTOP
Nearby Intersections
Yonge & Bloor (423)
Jarvis & Carlton (100)
Jarvis & Wellesley (21)
Yonge & Wellesley (200)
Bay & Bloor (439)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,473 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
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 | 9.84' x 10.83' | W/I Closet, W/O To Balcony, 4 Pc Ensuite |
| 2nd Br | Main | 4.82' x 5.74' | W/O To Balcony, B/I Closet, Se View |
| Living | Main | 8.20' x 14.76' | Combined W/Dining, W/O To Balcony |
| Kitchen | Main | 8.30' x 14.76' | B/I Appliances, Open Concept, Modern Kitchen |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 1201 is a 2-bedroom 2-bathroom condo listed for sale at $1,130,000, which is $363,926 (47.5%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Golden Life Realty Ltd.
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