Maintenance Fees
Wellesley On The Park Condos vs The Bay Street Corridor Area
4612 - 11 Wellesley St W
$522,000Studio1 ba0 pk274 sqft
For SaleWellesley On The Park Condos
3.5
98 Days on Strata
$522,000
Studio
1 Bath
0 Parking
274 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$480/mth
Taxes:
$3,000 (2024)
Cost Per Sqft:
$1,905/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
East
Possession Date:
90
Laundry:
Ensuite
Amenities
Party Room
Concierge
Business Centre
Indoor Pool
Sauna
Bike Storage
Guest Suites
Games Room
Gym
Media Room
About this Listing
Welcome to luxury living at 11 Wellesley on the Park! This bright unit on the 46th floor offers modern living space, with east-facing balcony overlooking the city. Open Concept Kitchen W/ B/I Appliances. Upgraded Light Fixtures, Large Closet + Bathtub. The unit is filled with natural light through its floor-to-ceiling windows. Enjoy seamless indoor-outdoor living with a walkout to the open balcony from the living room. One Of A Kind 1.6-Acre Park Plus World Class Amenities! Located in the heart of downtown Toronto, steps from Yonge & Wellesley. Enjoy easy access to the subway, U of T, Yorkville, Eaton Centre, Dundas Square, and more. Building amenities include an indoor pool, gym, sauna, steam room, and party room, providing a resort-like experience right at home!
ExtrasExisting Kitchen Appliances (Fridge, Stove, Microwave, Cooktop, Range hood), Clothes Washer and Dryer, Existing Window Coverings
jdl realty inc.MLS® #C11904739
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
Gas
Heating
Forced Air
Room dimensions are not available for this listing.
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
