159 Wellesley St E 1508
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Property Description
159 Wellesley Street East, By Alterra Development. A Stunning 36-Storey Condo Tower At The South West Corner Of Sherbourne And Wellesley With A Walk Score Of 96, Transit Score Of 99 And Bike Score 100. Minutes Away From Sherbourne, Bloor, And Yonge Subway Station. Units To Be Built. Occupancy Is Scheduled For October 15, 2019
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-08 | 2022-04-06 | 30 | $3,600 | - | Suspended |
| 2022-06-05 | 2022-06-15 | 11 | $3,750 | $3,900 | Leased |
| 2022-03-08 | 2022-04-06 | 29 | $3,600 | - | Suspended |
| 2021-08-12 | 2021-10-31 | 81 | $4,100 | - | Expired |
Extras
Unlimited High Speed Internet Service Included In All Suites For A Low Cost/Month. Parking And Locker Available At An Additional Cost.
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
159 Wellesley St E 1508 is a 2-bedroom 2-bathroom condo listed for sale at $819,990, which is $15,390 (1.9%) higher than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.Inventory Change
There were 1,466 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Milborne Real Estate Inc., Brokerage
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