22 Wellesley St E 1401

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22 Wellesley St E 1401, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3900246
MLSID
Contact Us
Property Description
As They Say In Real Estate, Location Is Everything And This Location Can't Be Beat In Terms Of Convenience! You Can Walk Nearly Anywhere Downtown, Including Restaurants, Pubs, Clubs, Shopping, U Of T, Ryerson, And Of Course If It's Too Far You Are Literally Steps Away From Wellesley Subway Station. The Suite Is A Very Well Maintained, Owner Occupied 2 Bed, 2 Bath Spread Out Over 917Sf Of Space, Plus 75Sf Balcony (=992Sf). Incl: Parking And Locker.
Extras
This Unit Has A Panoramic South View Of The Toronto Skyline. Incl: Nat Gas Bbq, Ss Fridge, Ss Stove, Ss Dishwasher, Front Loading Washer And Dryer, Ss Microwave, Electric Light Fixtures, Window Coverings, And Owned Parking And Locker.
Property Features
Clear View, Hospital, Park, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,464 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P1-13)
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Wellesley St E 1401 is a 2-bedroom 2-bathroom condo listed for sale at $688,800, which is $98,667 (12.5%) lower than the average sold price of $787,467 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,669 (2.3%) compared to the previous 30 day period (January 28 - February 26) and down $17,878 (2.2%) from the same time one year ago.
Inventory Change
There were 1,231 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 16.4% compared with the previous 30 day period (January 28 - February 26) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,445) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $72 increase compared to the previous 30 day period (January 28 - February 26) and ($11,558) 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 (February 27 - March 27) stood at 48.2%, up from 46.0% over the previous 30 days (January 28 - February 26) and down from 62.2% 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 27 days when successfully sold over the last 30 days (February 27 - March 27), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Homeward, Brokerage
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