225 Wellesley St 1202

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225 Wellesley St 1202, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3853191
MLSID
Contact Us
Property Description
Top Of The Line Literally, No Units Above, In Cabbagetown. Inspired Old World Arch, Many Landmark Struc., Art Deco Theme, State Of The Art Tech, Award Winning Arch Design. Bldg Amen Incl: Karaoke Dinner Theatre, Spa, Sauna, Chng Rms W/Shwrs, Steam Rm, Fitness W/Cardio Machines, Wgts, A/V System, View City, Lake And Starbucks, Banks, Rosedale Med Centre, Dvp, Garden Exp, Subways.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-13 2022-05-19 6 $719,900 $783,000 Sold
Extras
High Ceiling Hgts, Solid Entry Dr, Bacl Access From Lr&Br, Gran Kit Counter W/Under Mount Sink, Brkfst Bar, Cer Bcksplsh, Map Kit Cabs, Engnrd Hrwd Flrs, Bdrm W/L, Ensuite Laundry, Whirlpool Appls(Fridge,Stv, D/W, Stckd Wash&Dryer) Ht Pump.
Property Features
Arts Centre, Clear View, Library, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,668 (2017)
Basement
None
Exterior
Stucco/Plaster
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
FoyerFlat4.89' x 7.05'Walk Through, Hardwood Floor, Closet
LivingFlat10.01' x 17.65'Combined W/Dining, W/O To Balcony, Large Window
DiningFlat10.01' x 17.65'Combined W/Living, Hardwood Floor, O/Looks Dining
KitchenFlat8.99' x 9.48'Granite Counter, Track Lights, B/I Appliances
MasterFlat8.99' x 15.68'Broadloom, His/Hers Closets, 4 Pc Ensuite
2nd BrFlat8.99' x 11.68'Broadloom, W/O To Balcony
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Wellesley St 1202 is a 2-bedroom 2-bathroom condo listed for sale at $498,000, which is $310,248 (38.4%) lower than the average sold price of $808,248 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $27,050 (3.5%) compared to the previous 30 day period (February 26 - March 26) and up $6,488 (0.8%) from the same time one year ago.
Inventory Change
There were 1,491 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.6% compared with the previous 30 day period (February 26 - March 26) and up 34.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,410) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $1,522 increase compared to the previous 30 day period (February 26 - March 26) and ($6,828) 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 27 - April 25) stood at 47.0%, up from 46.2% over the previous 30 days (February 26 - March 26) and down from 65.2% 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 24 days when successfully sold over the last 30 days (March 27 - April 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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