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    22 Condominiums

    22 Wellesley Street E

    3for Sale
    4for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    23
    Number of Units:
    158
    Condo Completion:
    2008
    Condo Demand:
    High
    Unit Size Range:
    330 - 3,200 SQFT
    Unit Availability:
    Low

    Listing History for 22 Condominiums

    Amenities

    Party Room
    Rooftop Deck
    Sauna
    Gym Room
    Visitor Parking
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 22 Wellesley Street E22 Condominiums

    22 Condominiums is one of those buildings that will have you feeling like you’re in the centre of the world – in Canada. There couldn’t be a better place from which to observe the streets, the people, and the sites of Toronto than through the colossal, clear windows of 22 Wellesley Street.

    Another triumph from Peter Clewes of architectsAlliance, the simplicity of the 23-storey building epitomizes Clewes’ neomodern approach. In response to the use of ornate decorations in 1970’s and 80’s, buildings created in the neomodern fashion, such as 22 Condominiums, are polished and pared down. Pedestrians passing by on their way to work can’t help but take note of the cool, minimalist look of the building.

    The Suites

    Glass, glass and more glass is what give the soft lofts at 22 Condominiums its futuristic, watchful vibe, from both inside and out. Due to this impressive use of glass, the Toronto lofts at 22 Wellesley Street are endowed with floor to ceiling windows, allowing natural light to shine through in the days, as well as those bright city lights after the sun has set.

    Glass is also used along the edges of balconies. Units contain generous balconies, including wraparounds for those lucky enough to score a corner suite. Those purchasing corner lofts will be rewarded by panoramic visions of the city due to the abundance of windows facing in multiple directions.

    In addition, with 155 units yet only 4-8 units per floor, the odds of scoring Toronto condos for sale with a beloved corner exposure are high. Fewer units per floor also means loft sizes need not be small. One bedroom lofts begin at just shy of 500 square feet, while larger two bedroom plus den units are spread out over approximately 1,600 square feet.

    In contrast with natural lighting and ample outdoor space, loft-style design features chosen by II BY IV Design include exposed concrete for the walls and ceilings, hardwood floors, and an open concept layout.

    Amenities are generous, with a 24-hour concierge service, exercise facilities, a rooftop lounge with hot tub, a party room, and guest suites available for residents to enjoy.

    The Neighbourhood

    While its official address is 22 Wellesley, Yonge Street is also only seconds away. Residents have the city at their doorstep from this advantageous location in the heart of the Church-Yonge Corridor.

    Also steps away is the vibrant LGBTQ+ Village area, with a variety of shops, restaurants and nightlife.

    Yorkville is also a short walk away, where residents can shop at Holt Renfrew, the Bay, or a myriad of other fashionable boutiques. This is consistently one of the best people-watching spots in the city. Only a short walk down Bloor Street is the Royal Ontario Musem (ROM), where architecture buffs can ogle the Michael Lee-Chin Crystal, or history fanatics can check out the latest exhibit. Church Street also offers a swathe of restaurants and bars, from casual pubs to chic brunch spots.

    A short walk South with land 22 Condominium residents at Yonge-Dundas Square. The area hosts free concerts, movies, and other events, especially in the summertime. From here, the Eaton Centre provides shelter and shopping in the colder months, while Mel Lastman Square can be enjoyed year-round by skating through the rink in winter, attending Cultura Festival, or appreciating art until dawn at Nuit Blanche.

    Transportation

    Beyond those attractions and amenities within walking distance, both the Yonge and Bloor subway lines service residents of 22 Condominiums. Bloor-Yonge Station will take a few minutes to reach, while Wellesley Station on the Yonge line is only seconds away on foot, and connects travelers to North-South trains, East-West streetcars, as well as buses moving toward other parts of the city.

    Bike lanes on College and Richmond also provide safe way to stay active, whether on a commute or a leisurely weekend ride.

    The Don Valley Parkway is easily accessible by way of Bloor Street East, from which drivers can connect seamlessly with the 401 or the Gardiner expressway.

    3

    Listings For Sale

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    4

    Listings For Rent

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Days on Strata

    Units at 22 Condominiums spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 32 condos in The Village area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    22 Condominiums offers the
    ?
    best value out of 32 condos in neighbourhood

    Appreciation Rank

    22 Condominiums has the
    ?
    highest ROI out of 32 condos in neighbourhood

    Rental Yield

    22 Condominiums yields the
    ?
    highest rent prices out of 32 condos in neighbourhood

    High Demand

    22 Condominiums is the
    ?
    most popular building out of 32 condos in neighbourhood

    Transaction Insights at 22 Wellesley Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$690,000 - $729,000$780,000 - $900,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,005$935No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data79 Days253 Days80 Days990 Days2636 Days813 Days
    Ratio of Units in Building1%36%17%42%3%2%2%

    Maintenance Fees

    22 Condominiums vs The Village Area

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