225 Wellesley St E 905

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225 Wellesley St E 905, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3700376
MLSID
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Property Description
Rarely Offered 2 Bedroom Corner Suite. Over 900 Sf Of Functional Living. Fantastic Opportunity To Live In Chic And Trendy Cabbagetown. Steps To T.T.C. - Wellesley & Sherbourne Stations. Amenities Include Gym, Party Room, Rooftop Deck With Fantastic Views - Enjoy Barbequing, 24 Hour Security. Supermarket Across Wellesley St.
Extras
Stainless Steel Fridge, Stove, Dishwasher, Whirlpool Duet Washer/Dryer, Elfs, Window Coverings, Microwave, Granite Countertops
Property Features
Library, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,552 (2016)
Basement
Other
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
LivingMain14.60' x 17.06'Laminate, Combined W/Dining, W/O To Balcony
DiningMain14.60' x 17.06'Laminate, Combined W/Living, Open Concept
KitchenMain10.01' x 14.07'Laminate, Stainless Steel Appl, Modern Kitchen
MasterMain9.09' x 10.63'Laminate, Large Closet, Ensuite Bath
2nd BrMain7.87' x 9.19'Laminate, Closet, West View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 905 is a 2-bedroom 2-bathroom condo listed for sale at $398,000, which is $390,957 (49.6%) lower than the average sold price of $788,957 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $9,394 (1.2%) compared to the previous 30 day period (January 29 - February 27) and down $15,870 (2.0%) from the same time one year ago.
Inventory Change
There were 1,262 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 28 - March 28), which is up 15.1% compared with the previous 30 day period (January 29 - February 27) and up 24.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,402) (1.6%) below asking price over the last 30 days (February 28 - March 28), which represents a $358 increase compared to the previous 30 day period (January 29 - February 27) and ($11,005) 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 28 - March 28) stood at 48.4%, up from 46.0% over the previous 30 days (January 29 - February 27) and down from 62.5% 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 26 days when successfully sold over the last 30 days (February 28 - March 28), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley Real Estate Ltd., Brokerage
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