30 Wells St

Annex, Toronto, M5R 1P2
FOR SALE
$2,489,000
30 Wells St, Toronto
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4 + 2
BEDROOMS
5
BATHROOMS
2 + 1
KITCHENS
13 + 5
ROOMS
C9302254
MLSID
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Property Description
**OPEN HOUSE SATURDAY SEPT 14 2-4pm** Charming Annex Home. Step into this rare opportunity to own a detached Annex landmark, directly across from the Annex's Jean Sibelius Square Park. Featuring a double private driveway and attached garage, this home is perfect for buyers looking to avoid condo downsizing or seeking a spacious 4-bedroom home with the added luxury of private parking and a versatile floor plan, in an optimum location. Currently arranged as a house-sized owner-occupied suite plus two month-to-month rental units, this property offers not only ample living space but also additional income to help offset your expenses. Large windows grace this Tudor home offering stunning views of the park and Annex community. The owners suite spans the entire main floor and part of the second, while the home also offers a lot of storage options and a spacious garage, providing more than enough storage for any need. The "high" ceiling basement further enhances the property's value and comfort. Potential to convert to a 2700 sq ft single-family residence (across the main and second floors), offering 4 bedrooms and 4 bathrooms. You can also retain the option for rental income from the well-sized 2-bedroom basement unit. The rare double driveway and garage in downtown Toronto make this an exceptional find perfect for securely parking vehicles or setting up an electric vehicle charging station. A thorough home inspection has revealed extensive updates, allowing you to move in and enjoy the benefits of this exceptional property without hassle. Don't miss this chance to own a landmark home in one of Toronto's most coveted neighborhoods!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-10 2024-09-05 57 $2,588,000 - Terminated
2024-06-05 2024-07-10 35 $2,598,000 - Terminated
2024-05-15 2024-06-05 21 $2,650,000 - Terminated
Extras
Vacant possession is possible, speak with listing agent.
Nearby Intersections
Property Features
Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
29' x 72'
Fronting
North
Taxes
$10,407 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick, Other
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain21.33' x 11.15'Hardwood Floor, Fireplace, B/I Shelves
DiningMain7.35' x 17.26'Hardwood Floor, O/Looks Park, B/I Shelves
KitchenMain10.99' x 11.52'Centre Island, Pot Lights, Stainless Steel Appl
FamilyMain22.34' x 11.52'W/O To Deck, Double Closet, B/I Bookcase
BrMain14.17' x 11.15'W/W Closet, 2 Pc Ensuite, Large Window
Office2nd7.84' x 11.52'Open Concept, B/I Bookcase, Window
Prim Bdrm2nd14.76' x 13.16'Fireplace, Hardwood Floor, Crown Moulding
Sunroom2nd7.35' x 8.23'O/Looks Park, Closet, East View
Br2nd8.66' x 11.52', Closet, Hardwood Floor
Kitchen2nd9.25' x 7.15'Window, Hardwood Floor, B/I Dishwasher
Living2nd16.24' x 13.16'Closet, Hardwood Floor, Combined W/Dining
Br2nd13.09' x 11.52'B/I Closet, Hardwood Floor
Toronto Market Statistics
Toronto Price Trend
30 Wells St is a 4-bedroom 5-bathroom home listed for sale at $2,489,000, which is $562,431 (29.2%) higher than the average sold price of $1,926,569 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $4,540 (0.2%) compared to the previous 30 day period (July 17 - August 15) and up $24,529 (1.3%) from the same time one year ago.
Inventory Change
There were 600 4-bedroom homes listed in Toronto over the last 30 days (August 16 - September 14), which is up 60.9% compared with the previous 30 day period (July 17 - August 15) and up 11.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($44,922) (2.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $3,038 increase compared to the previous 30 day period (July 17 - August 15) and $6,036 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 4-bedroom homes in Toronto over the last 30 days (August 16 - September 14) stood at 29.5%, down from 58.7% over the previous 30 days (July 17 - August 15) and down from 34.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Toronto stood at 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Freeman Real Estate Ltd.
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