159 Wellesley St E 2710
Cabbagetown-South St. James Town, Toronto, M4Y 0H5
FOR SALE
$525,000
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Property Description
Built In 2022, This Stunning 1 Bedroom Condo Comes With Highly Desired Rectangle Layout And Large Balcony Offering Unobstructed City Views, A Spacious and Functional Living Space That Feels Even Larger Than It Actually Is. 9 Feet Ceilings, Carpet Free Through Out, S.S. Appliances, B/I Fridge, Quartz Countertop, 1.5 Km To Uoft(St.George Campus), 2 Km To Ryerson University. Walking Distance To 2 Subway Lines Yonge/Wellesley & Bloor/Sherbourne, Bike Score Of 100. Amenities Include 24-Hour Concierge, Indoor Fitness Studio W/Yoga Room & Zen Inspired Sauna And More Modern And Sleek With Other Endless Amenities. One Locker Is Included. **EXTRAS** Fridge & Dishwasher, Stove, Washer/ Dryer, Existing Electric Lighting Fixtures Included. One Locker Included. Parking Can Be Easily Arranged At An Affordable Cost With The Assistance Of The Maintenance Office!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-26 | 2023-02-09 | 14 | $2,450 | - | Terminated |
| 2023-05-23 | 2023-05-30 | 7 | $2,450 | $2,450 | Leased |
| 2023-05-09 | 2023-05-24 | 15 | $2,600 | - | Terminated |
| 2023-01-26 | 2023-02-09 | 14 | $2,450 | - | Terminated |
| 2021-10-09 | 2021-11-01 | 23 | $1,900 | $1,850 | Leased |
Nearby Intersections
Property Features
Clear View, Hospital, 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
$2,447 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Toronto Market Statistics
Toronto Price Trend
159 Wellesley St E 2710 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $32,110 (5.8%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less 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 Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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