81 Wellesley St E 403
Church-Yonge Corridor, Downtown Toronto, M4Y 1C5
FOR SALE
$556,000
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Property Description
Brand new condo in high demand Church & Wellesley Village. Best walk score, steps to the subway. In the middle of U of T and TMU. Built-in appliances and gas top. 9" ceiling and great south and west view. Next to Wellesley Subway, Close to U of T, TMU (Ryerson), Dundas Square, Eaton Centre, Hospital, Shops, Restaurants, Bars, and much more.
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Extras
4-burner gas cooktop, combo oven, grill & microwave, built-in refrigerator with bottom freezer, front-load washer & dryer, all existing light fixtures,
Nearby Intersections
Yonge & Bloor (331)
Jarvis & Carlton (93)
Jarvis & Wellesley (23)
Yonge & Wellesley (175)
Bay & Bloor (346)
Property Features
Clear View, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,480 (2023)
Basement
None
Exterior
Brick, 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 |
|---|---|---|---|
| Living | Main | 18.04' x 19.36' | |
| Dining | Main | 18.04' x 19.36' | |
| Kitchen | Main | 11.48' x 14.76' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 403 is a 1-bedroom 1-bathroom condo listed for sale at $556,000, which is $10,564 (1.9%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Jdl Realty Inc.
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