28 Wellesley St E 2406
Church-Yonge Corridor, Downtown Toronto, M4Y 0C4
FOR SALE
$598,000
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Property Description
Welcome to the unparalleled luxury of Vox Condo, situated at Yonge & Wellesley, where opulent living meets contemporary elegance in the heart of the city. Nestled within the highly coveted Vox Condos, this expansive suite boasts floor-to-ceiling windows adorned with custom treatments, bathing the space in natural light. Enjoy the east-facing sun-filled bedroom and living room, featuring a 9' ceiling and pre-engineered hardwood flooring complemented by integrated appliances and freshly painted walls. The open-concept living and dining area provides an ideal setting for entertaining guests or unwinding after a long day. The modern kitchen is equipped with stainless steel appliances, granite countertops, and ample storage space. The primary bedroom offers generous proportions, complete with a large closet and a Juliette balcony to invite in the refreshing summer breeze.28 Wellesley Street offers an array of exceptional amenities, including a 24-hour concierge, fitness center, party room, and rooftop terrace with BBQs and panoramic city views. Conveniently located steps away from Wellesley Subway Station and within a short walk to U of T and Ryerson University, this unit provides easy access to Yorkville, Eaton Centre, College Park, shops, restaurants, and entertainment options. This unit is an ideal choice for those seeking the ultimate city living experience. Don't let this opportunity pass you by to own a sophisticated and stylish residence in one of the most sought-after locations.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-27 | 2023-06-30 | 3 | $2,500 | $2,500 | Leased |
| 2022-06-27 | 2022-06-28 | 1 | $2,350 | $2,400 | Leased |
| 2021-03-03 | 2021-03-09 | 6 | $599,000 | $666,600 | Sold |
Extras
Fridge, Stove, Range Hood, Dishwasher, Stacked Washer/Dryer, Quartz Countertops, All Elfs And Window Coverings. A large cloth closet is included
Nearby Intersections
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,992 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.38' x 18.83' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Flat | 9.38' x 18.83' | Open Concept, Granite Counter, Backsplash |
| Kitchen | Flat | 7.81' x 8.04' | Combined W/Dining, Open Concept, Stainless Steel Appl |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Wellesley St E 2406 is a 1-bedroom 1-bathroom condo listed for sale at $598,000, which is $1,875 (0.3%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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