11 Wellesley St 3706

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11 Wellesley St 3706, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3956096
MLSID
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Property Description
11 Wellesley Condo Is A New Condo By Laterra Development And Will Be Located At Toronto Downtown. 54 Stories Tower. One Bedroom Plus Den. 37th Floor. Best View. Directly Access To Yonge & Wellesley Subway Station. Assignment Sale.
Extras
Fridge, Dishwasher, Stove, Oven, Microwave, Exhaust Hood, Washer And Dryer. One Parking.
Property Features
Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 11.68', Open Concept, Balcony
KitchenMain13.42' x 8.60', B/I Appliances, Combined W/Living
MasterMain10.50' x 8.99', Closet
DenMain7.25' x 6.99', Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 Wellesley St 3706 is a 1-bedroom 1-bathroom condo listed for sale at $659,000, which is $58,307 (9.7%) higher than the average sold price of $600,693 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,634 (0.6%) compared to the previous 30 day period (January 28 - February 26) and down $14,192 (2.3%) from the same time one year ago.
Inventory Change
There were 1,396 1-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 25.0% compared with the previous 30 day period (January 28 - February 26) and up 29.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,941) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $973 decrease compared to the previous 30 day period (January 28 - February 26) and ($8,010) 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 (February 27 - March 27) stood at 45.7%, down from 48.2% over the previous 30 days (January 28 - February 26) and down from 64.9% 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 26 days when successfully sold over the last 30 days (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with 168 Real Estates Inc., Brokerage
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