8 Wellesley St E 208

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8 Wellesley St E 208, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3900119
MLSID
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Property Description
Dream City Pied-A-Terre In The Middle Of Downtown Toronto. Ultra Modern Decor With Loads Of Custom Upgrades. Gas Fire Place, High High Ceilings. Corner Suite, West And South Exposures. This Apartment Features A Fabulous Full Size Outdoor Terrace. Superbly Maintained And Decorated. Truly One Of A Kind.Two Lockers Come With This Property. Must Be Seen To Be Appreciated.
Extras
Heat Exchanger. Fridge, Stove, Dishwasher, Washer And Dryer. All Elf's All Window Treatments.
Property Details
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
700-799
Taxes
$2,183 (2017)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Rental
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat14.37' x 14.70'Combined W/Dining, W/O To Terrace, Gas Fireplace
DiningFlat14.37' x 14.70'Combined W/Living, Tile Floor, Recessed Lights
KitchenFlat10.10' x 14.11'Renovated, Granite Counter, Ceramic Floor
BrFlat8.14' x 10.04'Closet, Tile Floor, Window
OtherFlat16.01' x 16.77'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Wellesley St E 208 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $103,936 (17.2%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc., Brokerage
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