225 Wellesley St E 103
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
The Largest Unit In This Building At 1000Sqf, With 10 Foot Ceilings, Huge Floor To Ceiling Windows And Split Bedroom Layout Make This Condo A Must See. Newer Laminate Flooring And 2 Huge Bedrooms. The Master Retreat Has A Private Ensuite And Generous Sized Closet. Walking Distance To The Subway, Buses, Shopping And Cabbagetown Makes This An Ideal Location.
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Extras
Fridge, Stove, Dishwasher, Front Load Washer, Dryer, Parking And Locker Included. 24Hour Concierge And Front Foyer Updating Are Planned For This Building.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,390 (2014)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3-90C)
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St E 103 is a 2-bedroom 2-bathroom condo listed for sale at $419,800, which is $371,812 (47.0%) 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 Real Estate Bay Realty, Brokerage
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