81 Wellesley St E 1806
Church-Yonge Corridor, Downtown Toronto, M4Y 0C5
FOR SALE
$430,888
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Property Description
Client RemarksThis Brand New, Never-Lived in, Open-Concept Bachelor Unit Is Minutes From Wellesley Subway Station, UofT, TMU, Queens Park, Major Hospitals, IKEA, And The Eaton Centre. Bright And Spacious Layout With 24-Hour Security. Gas Line Included On The Private Balcony! Ideal For Students Or Professionals Looking To Live In The Heart Of Downtown Toronto. Great Opportunity for Investors with ~2000/month rental potential! Enjoy Easy Access To Everything The City Has To Offer!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-22 | 2024-12-10 | 49 | $440,000 | - | Terminated |
| 2024-10-08 | 2024-10-26 | 18 | $459,000 | - | Terminated |
Nearby Intersections
Yonge & Bloor (343)
Jarvis & Carlton (98)
Jarvis & Wellesley (24)
Yonge & Wellesley (182)
Bay & Bloor (358)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,253 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.30' x 10.89' | Combined W/Kitchen, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.10' x 18.01' | Combined W/Kitchen, Combined W/Living, Quartz Counter |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 1806 is a 0-bedroom 1-bathroom condo listed for sale at $430,888, which is $52,652 (13.9%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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