41 days on Market

225 Wellesley St #701, Toronto, Ontario M4X 1X8

In the same building:
-
Condo
2 + 1
2
~900-999 sqft
$798,000
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Condo
2 + 1
2
~900-999 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$842/sqft

Est. Mortgage$3,427/mo

Maintenance fees$802/mo

Tax Amount (2023)$2,758/yr

Days On Market41 days


Description

Nestled within the most sought after Downtown location. This Two-Bedroom, Two-Bathroom bright and spacious 959 sqft unit embodies the pinnacle of modern living with open balcony with unobstructed views. Modern functional layout with open concept living room bathed in natural light. Kitchen features modern s/s appliances, quartz countertop creating an ideal setting for entertaining. Large master bedroom includes two closets with luxurious 5pc ensuite with soaking tub and a separate enclosed shower. The second bedroom with full closet with access to the balcony where you can savor your morning coffee or enjoy evening sunsets. Great south views of the city, fantastic amenities such as 24 hour security, fitness room, car wash, steam room, party room, library room, visitor parking and the breathtaking rooftop terrace on the 12th floor. Close proximity to public transit, grocery, restaurants, parks and various amenities. This location is perfectly tailored for those who seek sophistication and convenience in the heart of the city.


Property Details

StyleApartment
View-
Age of property11-15
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10420210
Community NameCabbagetown
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.05 x 2.13

Stainless Steel Appl / Granite Counter / Breakfast Bar

Living

6.00 x 2.97

Large Window / Open Concept / Laminate

Dining

6.00 x 2.97

Combined W/Living / Laminate

Prim Bdrm

4.88 x 2.77

5 Pc Ensuite / Large Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


7Story
Elevator
Amenities

Car Wash, Exercise Room, Party/Meeting Room, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by IPRO REALTY LTD., Brokerage

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Market Data - Cabbagetown

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2023

25 days

2022

41 days

2021

17 days

New Listings

Past 30 days

35 listings

Compared to

2023

29 listings

2022

11 listings

2021

7 listings

Units sold

Past 30 days

9 units

Compared to

2023

15 units

2022

3 units

2021

14 units

Median Sold Price

Past 30 days

$595,000

Compared to

2023

$695,000

2022

$460,000

2021

$686,750


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

20 to 34
30%
35 to 49
22%
50 to 64
21%
0 to 19
14%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget