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
C3854809
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, Washer/Dryer 2017, Fabulous Roof Terrace & Facilities, 24 Hr Concierge.
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
$2,566 (2017)
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 $549,000, which is $238,467 (30.3%) lower than the average sold price of $787,467 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,669 (2.3%) compared to the previous 30 day period (January 28 - February 26) and down $17,878 (2.2%) from the same time one year ago.
Inventory Change
There were 1,231 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 16.4% compared with the previous 30 day period (January 28 - February 26) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,445) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $72 increase compared to the previous 30 day period (January 28 - February 26) and ($11,558) 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 (February 27 - March 27) stood at 48.2%, up from 46.0% over the previous 30 days (January 28 - February 26) and down from 62.2% 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 27 days when successfully sold over the last 30 days (February 27 - March 27), compared to 54 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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