81 Wellesley St E 908
Church-Yonge Corridor, Downtown Toronto, M4Y 0C5
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
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Property Description
Welcome to your urban oasis in the heart of downtown, next door to wellesley subway station. Sophisticated addition to a vibrant neighbourhood. 5 minutes walk to subway and 10 minutes walk to uot. Open concept kitchen with built in appliances, front load washer/dryer. Luxuries fully tiled washrooms. 24 hr security. This bright charming one bedroom condo unit offers the perfect blend of comfort, convenience & city living, ensuring a seamless commute and easy access to essential services. Don't miss out on this incredible opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-15 | 2024-11-19 | 35 | $549,900 | - | Terminated |
| 2024-08-24 | 2024-10-15 | 52 | $595,000 | - | Terminated |
Extras
Built-in Fridge, Gas Cooktop, Oven, B/I Dishwasher, Front Load Washer/Dryer, All existing Elfs
Nearby Intersections
Yonge & Bloor (420)
Jarvis & Carlton (101)
Jarvis & Wellesley (21)
Yonge & Wellesley (200)
Bay & Bloor (435)
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,530 (2023)
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 |
|---|---|---|---|
| Living | Main | 19.69' x 13.12' | Combined W/Dining, W/O To Balcony |
| Dining | Main | 19.69' x 13.12' | Combined W/Living |
| Prim Bdrm | Main | 13.12' x 9.84' | B/I Closet |
| Bathroom | Main | 16.40' x 13.12' | Tile Floor, Quartz Counter |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
81 Wellesley St E 908 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $70,383 (12.4%) lower than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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