62 Wellesley St W 1802
Bay Street Corridor, Downtown Toronto, M5S 2X3
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Property Description
Very Rare Opportunity In High Demand. Spacious 1500+ Sq Ft Ne Corner Unit With Panoramic Views Over The Historic University Grounds. 2 Bed, En-Suite Locker And Parking, Kitchen Updated, Bulkhead And Solarium Walls Removed, Both Washrooms Fully Renovated 2014. Shows 10+, Superior Floor-Plan With No Wasted Space And Plenty Of Storage. The Unit Is So Quiet Inside It's Hard To Believe You're Downtown, Next To Queen's Park And Steps To The Ttc
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-08-18 | 2021-01-31 | 167 | $1,399,888 | - | Expired |
Extras
Boutique Building In Great Standing. Established Well-Managed Community. Huge Reserves, Multiple Substantial Upgrades Over Past 10 Years. Includes All Appliances, Window Coverings And Light Fixtures. Open House Sat And Sun 3-5.
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,991 (2018)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A22)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Solarium | Main | 17.88' x 21.59' | Large Window, Combined W/Living, Ne View |
| Living | Main | 17.88' x 21.59' | Sunken Room, Ne View |
| Dining | Main | 11.29' x 12.17' | O/Looks Living, Open Concept |
| Kitchen | Main | 8.50' x 12.17' | Renovated, Family Size Kitchen |
| Master | Main | 11.58' x 16.99' | His/Hers Closets, Combined W/Sitting, 3 Pc Ensuite |
| 2nd Br | Main | 10.20' x 14.99' | Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
62 Wellesley St W 1802 is a 2-bedroom 2-bathroom condo listed for sale at $948,000, which is $159,602 (20.2%) higher than the average sold price of $788,398 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $585 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $4,212 (0.5%) from the same time one year ago.Inventory Change
There were 1,151 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is down 1.5% compared with the previous 30 day period (February 9 - March 9) and up 22.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,337) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,548 increase compared to the previous 30 day period (February 9 - March 9) and ($8,736) 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 10 - April 8) stood at 60.4%, up from 43.8% over the previous 30 days (February 9 - March 9) and down from 64.8% 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 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc., Brokerage
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