8 Wellesley St E 1001

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8 Wellesley St E 1001, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3536151
MLSID
Contact Us
Property Description
Great Location,Located In The Heart Of Toronto, Steps To Toronto & Ryerson University, Wellesley Subway Station, Street Cars, Hospitals, Medical Research Building, Bars, Dundas Square & Eaton Centre, Yorkville Shopping, Large Windows, 10.5 Ft Ceilings, All Walls Repainted 2016, Fabulous Roof Terrace & Facilities, 24 Hr Concierge, Parking & Locker Included, Parking Worth$50K, Locker Worth $5K, Without Parking Locker, Per Square Foot Roughly $485, Amazing Price
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-21 2021-11-05 46 $2,650 $2,650 Leased
2021-01-21 2021-03-21 60 $2,250 - Expired
2020-11-17 2021-01-17 61 $2,390 - Expired
Extras
Fridge, Stove, Washer, Dryer, Dishwasher, All Elf's And Window Coverings, Garage Opener, Hot Water Tank Is Rental
Property Features
Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,514 (2016)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E 1001 is a 2-bedroom 1-bathroom condo listed for sale at $439,000, which is $356,848 (44.8%) lower than the average sold price of $795,848 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $9,285 (1.2%) compared to the previous 30 day period (February 23 - March 23) and up $3,263 (0.4%) from the same time one year ago.
Inventory Change
There were 1,376 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 13.9% compared with the previous 30 day period (February 23 - March 23) and up 31.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,941) (1.1%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,584 increase compared to the previous 30 day period (February 23 - March 23) and ($7,241) 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 24 - April 22) stood at 48.8%, up from 47.3% over the previous 30 days (February 23 - March 23) 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 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 24 - April 22), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Master`S Trust Realty Inc., Brokerage
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