225 Wellesley St E 615
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Property Description
**Stunning Fully Renovated 2 Bed + Den South Facing Unit In The Heart Of Vibrant Cabbagetown! ** Over 900 Sq Ft Of Functional Living With Open Concept Split Bedroom Floor Plan*. Large Master W/5Pc Ens, Granite Counters, S/S Appliances,Freshly Painted* A Well Managed Building With Gym, Rooftop Garden W/Gorgeous Views*. Unbeatable Location Steps To Yonge St., Subway, Schools, Parks, Shopping.** Move In Condition!Enjoy Downtown Living At An Amazing Value!**
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-10-01 | 2020-10-21 | 20 | $649,000 | $649,000 | Sold |
Extras
New Paint, Crown Moldings, New S/S Appliances: Fridge, Stove, B/I Dishwasher, Granite Countertops, His/Hers Closets, Sun-Lit W/Unobstrcted Views, Gorgeous Rooftop W/Cn Tower View, All Elfs, All Window Coverings, Parking, Locker
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,580 (2017)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level C)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.01' x 17.98' | Laminate, W/O To Balcony, South View |
| Dining | Main | 10.01' x 17.98' | Laminate, Moulded Ceiling, Natural Finish |
| Kitchen | Main | 7.97' x 10.01' | Ceramic Floor, Modern Kitchen, Stainless Steel Appl |
| Master | Main | 9.02' x 16.01' | Laminate, 5 Pc Ensuite, W/I Closet |
| 2nd Br | Main | 9.02' x 10.99' | Laminate, W/O To Balcony, Closet |
| Den | Main | 7.97' x 9.02' | Laminate, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 615 is a 2-bedroom 2-bathroom condo listed for sale at $610,000, which is $181,612 (22.9%) lower than the average sold price of $791,612 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,727 (1.0%) compared to the previous 30 day period (February 19 - March 19) and up $2,929 (0.4%) from the same time one year ago.Inventory Change
There were 1,386 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 15.2% compared with the previous 30 day period (February 19 - March 19) and up 33.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,721) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,553 increase compared to the previous 30 day period (February 19 - March 19) and ($8,662) 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 20 - April 18) stood at 50.3%, up from 46.0% over the previous 30 days (February 19 - March 19) and down from 64.5% 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 23 days when successfully sold over the last 30 days (March 20 - April 18), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc., Brokerage
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