50 Wellesley St E 2707
Church-Yonge Corridor, Toronto, M6N 2N7
FOR SALE
$629,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSC11938959
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Property Description
Motivated Seller! Incredible Downtown Location. Just Minutes to Wellesley Station, U of T, TMU, Eaton Centre and More! Bright 1+1 Unit with Unobstructed East View and a Spacious Balcony. Walk Score of 99. A Walker's Paradise! Enjoy Fantastic Amenities: Gym, Outdoor Patio, 24-Hr Concierge, and More. Perfect for First-Time Buyers or Investors. Don't Miss Out!
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Extras
S/S Appliances and In-suite laundry
Nearby Intersections
Property Features
Clear View, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,818 (2024)
Basement
None
Exterior
Concrete
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 |
---|---|---|---|
Br | Main | 8.76' x 11.75' | Closet, Laminate |
Den | Main | 8.92' x 8.60' | Laminate |
Kitchen | Main | 10.01' x 19.98' | Combined W/Living, Laminate |
Living | Main | 10.01' x 19.98' | Combined W/Kitchen, Laminate |
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Toronto Market Statistics
Toronto Price Trend
50 Wellesley St E 2707 is a 1-bedroom 1-bathroom condo listed for sale at $629,000, which is $65,310 (11.6%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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