81 Wellesley St E 907
Church-Yonge Corridor, Downtown Toronto, M4Y 1C5
FOR SALE
$538,000
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Property Description
*Exquisite Contemporary Condo In The Heart Of Downtown *Welcome To "Eighty One Wellesley" *This Open Concept Unit Features 1 Bdrms W 556sqft Plus A Full Size Balcony with An Unobstructed City View *9ft Ceilings, Freshly Painted, Potlights, Custom Accent Walls & Laminate Flrs Thru-Out *High End Integrated Miele & Gaggenau Appliances, RARE Gas Cooktop, Quartz Counters/Backsplash *Generous Size Bdrm W/Mirror Closet & Tons of Natural Lighting *Convenient Building Amenities Include a 24-Hr Concierge, Gym, Party/Meeting Room, Recreation Room, Rooftop Terrace & Much More! *Walk Score of 98 *Steps to Wellesley Subway Station *Mins to Top Universities, Hospitals, Shopping, Restaurants & Entertainment *Experience the Dynamic Downtown Toronto Lifestyle *Don't Miss This Incredible Opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-05 | 2024-11-08 | 64 | $578,900 | - | Terminated |
| 2024-09-05 | 2024-11-05 | 62 | $578,900 | - | Suspended |
| 2023-09-18 | 2023-10-19 | 31 | $2,500 | $2,425 | Leased |
Extras
Includes: Integrated Fridge, Dishwasher, Hood, Gas Cooktop, Oven. Washer & Dryer, All ELF's & Window Coverings, Gas Line in Private Balcony.
Nearby Intersections
Yonge & Bloor (331)
Jarvis & Carlton (93)
Jarvis & Wellesley (23)
Yonge & Wellesley (175)
Bay & Bloor (346)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,716 (2024)
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 | Flat | 18.04' x 19.03' | Pot Lights, W/O To Balcony, Laminate |
| Dining | Flat | 18.04' x 19.03' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Flat | 18.04' x 19.03' | B/I Appliances, Quartz Counter, Backsplash |
| Prim Bdrm | Flat | 11.48' x 14.76' | Mirrored Closet, Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 907 is a 1-bedroom 1-bathroom condo listed for sale at $538,000, which is $28,564 (5.0%) 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 Re/Max Ultimate Realty Inc.
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