Maintenance Fees
Wellesley On The Park Condos vs The Bay Street Corridor Area
3607 - 11 Wellesley St W
$709,0001 bd1 ba0 pk579 sqft
For SaleWellesley On The Park Condos
3.5
26 Days on Strata
$709,000
1 Bed + 1
1 Bath
0 Parking
579 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$491/mth
Taxes:
$3,019 (2024)
Cost Per Sqft:
$1,225/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
West
Possession Date:
Anytime
Amenities
Party Room
Concierge
Business Centre
Indoor Pool
Sauna
Bike Storage
Guest Suites
Games Room
Gym
Media Room
About this Listing
Unblocked West Facing Park Views of the Downtown. Open-concept 1+1 Condo with 579 sq ft of Living Space. A Contemporary Kitchen with Stainless Steel Appliances, and Open Balcony. Floor-to-ceiling Windows, Lots of Natural Light. In-suite Laundry. Steps To U of T, Ryerson University, Shops, Restaurants, Bars, Wellesley Subway Station, Financial District and More. Building Amenities Include Indoor Pool, Fitness Center, Yoga Studio, Sauna, Steam room, Hot Tub, Plunge Pool, Lounge, Party Room with Kitchen, Grand Terrace with BBQs, etc.
ExtrasAppliances Include B/I Fridge, B/I Oven, B/I Dishwasher, B/I Microwave, Glass Surface Cooktop, Front Load Washer & Dryer. All Existing Light Fixtures
bay street group inc.MLS® #C12020859
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Windows Floor to Ceiling, West View, Laminate
12.07 x 10.01ft
Kitchen
Combined with Dining, Stainless Steel Appliances, Laminate
8.56 x 13.16ft
Dining
Combined with Kitchen, Open Concept, Laminate
8.56 x 13.16ft
Bedroom
Large Closet, Windows Floor to Ceiling, Laminate
9.48 x 9.48ft
Den
Open Concept, Laminate
6.99 x 6.5ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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9/10
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7/10
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,057
Average Individual Income
$63,504
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,909
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
45%
Semi Detached
23%
Detached
21%
Low Rise Apartment
6%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
74%
Mandarin
13%
Cantonese
7%
Tagalog
2%
Telugu
1%
Arabic
1%
Hindi
1%
Spanish
1%
Education
University and Above
46%
High School
20%
College
15%
None
12%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
10%
Humanities
6%
Physical Sciences
5%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At Wellesley On The Park Condos
Days on Strata
Units at Wellesley On The Park Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
5
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
200
Units were Rented over the past twelve months
Best Value Rank
Wellesley On The Park Condos offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Wellesley On The Park Condos has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Wellesley On The Park Condos yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Wellesley On The Park Condos is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Wellesley On The Park Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | $470,000 | $588,000 - $640,000 | $650,000 - $779,500 | $860,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,369 | $1,337 | $1,327 | $1,185 | No Data | No Data |
| Price Range | $1,800 - $2,450 | $2,000 - $3,100 | $2,270 - $3,000 | $1,600 - $4,350 | $3,200 - $4,100 | $3,800 - $5,100 |
| Avg. Wait for Unit Availability | 62 Days | 93 Days | 44 Days | 89 Days | 141 Days | 120 Days |
| Avg. Wait for Unit Availability | 8 Days | 9 Days | 5 Days | 11 Days | 32 Days | 42 Days |
| Ratio of Units in Building | 18% | 20% | 40% | 14% | 6% | 5% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
