8 Wellesley St E 205

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8 Wellesley St E 205, Downtown Toronto
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
C3336015
MLSID
Contact Us
Property Description
Rarely Offered 2 Bed + Den (Optional 3rd Bedroom With Door) At Yonge And Wellesley! Parking And Locker Included, Located Right Next To Wellesley Station, Large Windows, High 10.5 Ft Ceilings, Huge Chef's Kitchen With Stainless Steel Appliances, High-End Quartz, Undermount Sink, Concierge, Exercise Room, Party/Meeting Room, Rooftop Deck/Garden, Sauna, Walking Distance To U Of T, Ryerson, Eaton Centre, Yorkville Shopping And Much More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-26 2023-06-06 11 $3,500 $3,600 Leased
2021-05-05 2021-07-21 77 $799,990 - Terminated
2021-05-05 2021-07-12 68 $2,990 $3,200 Leased
2020-07-20 2020-09-09 51 $2,990 - Terminated
2020-07-09 2020-09-04 57 $799,000 - Terminated
2020-07-03 2020-07-09 6 $799,000 - Terminated
Extras
Stainless Steel Fridge, Stove, Washer, Dryer, Dishwasher, All Elf's And Window Coverings, Garage Opener
Property Features
Hospital, Place Of Worship, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,785 (2014)
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain4.00' x 24.18'Combined W/Dining, Large Window, Open Concept
DiningMain4.00' x 24.18'Combined W/Living, Large Window, Open Concept
KitchenMain10.24' x 14.76'Updated, Stainless Steel Appl, Breakfast Bar
MasterMain9.78' x 10.66'His/Hers Closets, 4 Pc Ensuite, Window
2nd BrMain9.09' x 9.97'Window, Closet
DenMain8.99' x 10.73'Separate Rm, Hardwood Floor
FoyerMain4.00' x 14.40'Parquet Floor, Closet
BathroomMain6.50' x 7.28'4 Pc Bath
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E 205 is a 2-bedroom 1-bathroom condo listed for sale at $459,900, which is $356,984 (43.7%) lower than the average sold price of $816,884 in the last 30 days (April 10 - May 9). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $27,621 (3.5%) compared to the previous 30 day period (March 11 - April 9) and down $7,265 (0.9%) from the same time one year ago.
Inventory Change
There were 1,725 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 10 - May 9), which is up 44.0% compared with the previous 30 day period (March 11 - April 9) and up 40.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,558) (1.5%) below asking price over the last 30 days (April 10 - May 9), which represents a $2,927 decrease compared to the previous 30 day period (March 11 - April 9) and ($6,571) 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 (April 10 - May 9) stood at 36.1%, down from 57.7% over the previous 30 days (March 11 - April 9) and down from 63.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (April 10 - May 9), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Bayview Realty Inc., Brokerage
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