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308 Wellesley St E, Downtown Toronto
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
9
ROOMS
C3742160
MLSID
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Property Description
Welcome To This Cabbagetown Gem! Featuring Detached 3 Storey Victorian W/ 4 Bed, 5 Baths, & The Perfect Blend Of Old Charm & Newly Renovated Finishes Including A Gourmet Kitchen W/ S/S Appl., 11' Waterfall Centre Island W/ Calcutta Marble Counters. 10.5' Ceilings, Stained Glass Windows, Hand Pulled Plaster Mouldings, Open Concept Living/Dining W/ Fireplace. Modern Marble Baths. Step Into Sun Filled Solarium Off Kitchen & Master. Fenced Front Yard & Courtyard,
Extras
Updated Mechanicals & Wiring, Alrm Syst (Monitor Extra) Large Plank Hardwood Thru-Out. All Elf's, All Window Coverings, S/S (Fridge, Dishwasher, Microwave, 4 Gas Range) Washer/Dryer, 1 A/C Wall Unit, All Closet Organizers. 3 Prkg Spots
Property Features
Fenced Yard, Park, Public Transit
Property Details
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
24' x 120'
Lot Irregularities
Right Of Way
Fronting
North
Taxes
$11,001 (2017)
Basement
Unfinished
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain23.79' x 16.90'Combined W/Dining, Pot Lights, Open Concept
DiningMain23.79' x 16.90'Gas Fireplace, Bay Window, Hardwood Floor
KitchenMain16.57' x 13.94'Centre Island, 2 Pc Bath, O/Looks Family
SunroomMain8.20' x 7.22'Hardwood Floor, O/Looks Garden, W/O To Yard
FamilyMain14.27' x 16.90'Fireplace, Open Concept, Closet
Master2nd10.99' x 14.76'3 Pc Ensuite, Combined W/Solarium, French Doors
Solarium2nd8.86' x 8.37'French Doors, Combined W/Master, O/Looks Backyard
2nd Br2nd12.96' x 11.15'Hardwood Floor, Closet Organizers, Hardwood Floor
3rd Br2nd11.81' x 16.90'4 Pc Bath, Double Closet, Hardwood Floor
4th Br3rd20.51' x 16.90'3 Pc Ensuite, Coffered Ceiling, Hardwood Floor
Loft3rd16.24' x 16.90'Fireplace, Cathedral Ceiling, W/O To Sundeck
LaundryLower11.48' x 6.73'2 Pc Bath
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
308 Wellesley St E is a 4-bedroom 5-bathroom home listed for sale at $2,350,000, which is $317,019 (15.6%) higher than the average sold price of $2,032,981 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto declined by $11,490 (0.6%) compared to the previous 30 day period (February 19 - March 19) and down $19,989 (1.0%) from the same time one year ago.
Inventory Change
There were 545 4-bedroom homes listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 12.4% compared with the previous 30 day period (February 19 - March 19) and up 6.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $27,721 (1.4%) above asking price over the last 30 days (March 20 - April 18), which represents a $29,744 increase compared to the previous 30 day period (February 19 - March 19) and $17,336 more 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 4-bedroom homes in Downtown Toronto over the last 30 days (March 20 - April 18) stood at 54.9%, up from 53.2% over the previous 30 days (February 19 - March 19) and up from 54.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Downtown Toronto stood at 18 days when successfully sold over the last 30 days (March 20 - April 18), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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