50 Wellesley St E 707
Church-Yonge Corridor, Downtown Toronto, M4Y 0C8
FOR SALE
$750,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC8179442
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Property Description
Move In to Luxury Condo One Bed With Large Den. Unobstructed City View & Park View with Large Balcony. Steps To Wellesley Subway Station, University, Public Transit, And All Amenities. Modern Finished One Bed+Den. Granite counters, Built In Kitchen App., 24 Hrs Concierge, Gym, Outdoor Pool, Party Rm, Game Room, Lounge Meeting Room & Guest Suites
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-14 | 2024-03-29 | 44 | $2,500 | - | Terminated |
Extras
Stainless Steel (Double Door Fridge, Stove, Dishwasher, B/I Microwave), Front Load Washer & Dryer, All Elf's, All Window Coverings
Nearby Intersections
Property Features
Clear View, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,638 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.84' x 12.80' | Laminate, Combined W/Dining, O/Looks Park |
| Dining | Flat | 9.84' x 12.80' | Laminate, Combined W/Living |
| Kitchen | Flat | 7.87' x 9.84' | Laminate, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Flat | 8.37' x 11.81' | Laminate, East View, Large Closet |
| Den | Flat | 5.91' x 7.87' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Wellesley St E 707 is a 1-bedroom 1-bathroom condo listed for sale at $750,000, which is $148,203 (24.6%) higher than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) 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 (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% 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 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept
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