225 Wellesley St E 502
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Property Description
Tired Of Tiny Condos With Terrible Floor Plans? Look No Further! This Sun Filled Split 2 Bedroom Floor Plan Offers 915 Sq Ft Of Completely Functional Living Space And Has Everything You Wont Find In Other Condos. Granite Counters, Glass Tile Back Splash, Laminate Floor Throughout, Private South Facing Balcony, Master Bedroom That Fit's A King Bed, Huge Glass Shower In Ensuite, Stainless Steel Appliances, And Plenty Of Storage Throughout.
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Extras
Prime Location-Walk To Cabbage Town/The Village - Grocery, Shops, Lcbo, Restaurants, Nightlife, Parks, Yonge And Bloor Subway And So Much More. At Barely $700 Per Sq/Ft This Building Offers Some Of The Best Affordability In All Of Downtown!
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
900-999
Taxes
$2,594 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.97' x 17.68' | Laminate, Open Concept, Large Window |
| Dining | Main | 9.97' x 17.68' | Laminate, Open Concept, W/O To Balcony |
| Kitchen | Main | 9.97' x 14.60' | Granite Counter, Backsplash, Stainless Steel Appl |
| Master | Main | 8.99' x 15.65' | Laminate, Ensuite Bath, Double Closet |
| 2nd Br | Main | 8.99' x 11.68' | Laminate, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 502 is a 2-bedroom 2-bathroom condo listed for sale at $649,900, which is $154,700 (19.2%) lower 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 Real Estate Homeward, Brokerage
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