$449,000

For sale

#202 22 Wellesley Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#202 22 Wellesley Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y1G3

2 beds1 bath0 parking550 ft²$581/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $449,000, it is attractively priced about 24% below the $588,000 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 63 days.

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Description

Located on Wellesley Street between Yonge and Church, this thoughtfully designed 1-bedroom + den suite at 22 Condominiums offers 597 sq ft of bright, open-concept living in a sleek, modern building known for its striking glass exterior and prominent balconies. Inside, you'll find floor-to-ceiling windows that flood the space with natural light, hardwood flooring, and exposed concrete details that add a contemporary edge. The modern kitchen features brand-new quartz countertops, stylish cabinetry, and stainless steel appliances, blending functionality with refined design. The spacious bedroom includes a large closet, while the versatile den is ideal for a home office or guest area. Step out onto your deep private balcony and enjoy the energy of the Church Street Corridor below. Residents at 22 Condominiums enjoy a rooftop lounge with shaded seating and an oversized hot tub, along with a fitness centre, party room, and concierge service. Located just steps from Wellesley Station, Yorkville, U of T, and Toronto's best shopping, dining, and nightlife, this suite offers the perfect balance of urban convenience and modern comfort. (id:66096)

Property Details

MLS®: C14123592
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $581/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,790.13/yr
Listed: 9 days ago

Rooms

Main level

Living room: 3.05 x 3.48 meters
Kitchen: 2.92 x 3.66 meters
Primary Bedroom: 3.28 x 2.74 meters
Den: 2.64 x 3.45 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Freezer
Flooring: Tile, Hardwood, Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$817

List price

$449K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Church-Yonge Corridor) has been listed for 9 days, which is 54 days fresher than the city average of 63. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · DALLAS RYAN BARRS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $449,000, about 7.2× the local median household income of $62,400.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$449,000· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$233/mo

Condo fee$581/mo

Total monthly$3,178

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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