Maintenance Fees
Wellesley On The Park Condos vs The Bay Street Corridor Area
4006 - 11 Wellesley St W
$718,0001 bd1 ba0 pk553 sqft
For SaleWellesley On The Park Condos
3.5
40 Days on Strata
$718,000
Price Cut: $748,000
Price Cut: $748,000
1 Bed + 1
1 Bath
0 Parking
553 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$488/mth
Taxes:
$3,004 (2024)
Cost Per Sqft:
$1,298/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
South West
Possession Date:
60 days
Amenities
Party Room
Concierge
Business Centre
Indoor Pool
Sauna
Bike Storage
Guest Suites
Games Room
Gym
Media Room
About this Listing
Luxury Condo Unit Of 11 Wellesley At The Heart Of Downtown Toronto,40th Floor Beautiful City View And Lake View, Modern Kitchen, Floor To Ceiling Windows With big Balcony, Wood Floor Throughout,1Bedrooms With Den. Step To Wellesley Subway Station. Close To Eaton Center, Dundas Square, U Of T, Toronto Metropolitan University And Business Districts.
ExtrasFridge,B/I Dishwasher, S/S B/I Microwave, Cooktop, S/S Wall Oven, Exhaust Hood, Washer/Dryer, All ELFS and window coverings.
homelife golconda realty inc.MLS® #C11993722
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
Walkout To Balcony, Laminate, Sw View
11.68 x 10.01ft
Dining
Modern Kitchen, Combined with Living, Laminate
8.6 x 13.42ft
Den
Laminate
6.99 x 7.25ft
Bedroom
Laminate, Double Closet, Windows Floor to Ceiling
8.99 x 10.5ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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9/10
Transit
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7/10
Bikeability
The bike lane starts to feel like a second home.
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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
