$499,000
Toronto
#5311 11 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M4Y0G4
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 26% below the $672,000 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 60 days.
This desirable one-bedroom + enclosed den (den can easily function as a bedroom for overnight guests!) at Wellesley on the Park in the heart of the Bay Street Corridor must be seen! Incredible 180-degree panoramic skyline and views of Lake Ontario that are simply breathtaking. With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door. Inside, an open-concept layout paired with floor-to-ceiling windows that allow natural light to pour into the suite. The suite is the perfect space for a first time home buyer, or investor looking for an outstanding space to call their own. The bedroom takes full advantage of those spectacular sky-high views, and the den (with its own door and window) offers exceptional flexibility as a second bedroom or home office. Ensuite laundry and one storage locker round out the suite for convenience and extra storage. Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting family and friends. Situated at Yonge and Wellesley in the heart of the Bay Street Corridor, residents enjoy outstanding connectivity. You are just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, top hospitals, and some of Toronto's best dining and shopping. A rare opportunity to settle into one of downtown Toronto's coveted addresses, where elevated city living meets a peaceful escape above the skyline. Do not let this one pass you by! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Bay Street Corridor) has been listed for 8 days, which is 52 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 8.0× the local median household income of $62,400.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
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