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    50 at Wellesley Station Condos

    50 Wellesley Street E

    4for Sale
    9for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    37
    Number of Units:
    356
    Condo Completion:
    2019
    Condo Demand:
    Medium
    Unit Size Range:
    307 - 1,300 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 50 at Wellesley Station Condos

    Amenities

    Games Room
    Concierge
    Gym Room
    Guest Suites
    Outdoor Pool
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 50 Wellesley Street E50 at Wellesley Station Condos

    If you’re looking for a Toronto condo for sale, then 50 at Wellesley Station Condos is a great choice. Standing 37 storeys tall at 50 Wellesley Street E, this development provides residents with an excellent starting point to explore the The Village neighbourhood. The property was completed in 2019 by Plaza, and is comprised of 356 units, ranging in size from 307 to 1300 square feet.

    This condo has an excellent Walk Score of 99 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 50 Wellesley Street E are $1.10 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for a unit at 50 Wellesley Street E is $1,433 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at 50 at Wellesley Station Condos spend 28 days on the market on average and usually sell for 0.28% above the listing price. In the last 12 months, 82 units have rented, and 7 have sold.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Tacorrito - Church, Ginger and Hero Certified Burgers. You’ll only have to walk 3 minutes to pick-up a coffee before heading out for your day at Second Cup Coffee Co., Crepe It Up and Starbucks.

    Grocery pick-ups are made easy thanks to Galleria Supermarket Express (Wellesley) and Rabba Fine Foods within a 6-minute walk.

    Residents here can stop by RBC Royal Bank and Scotiabank on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Paul Kane House Parkette and James Canning Gardens are less than 3 minutes walking distance from 50 Wellesley Street E.

    Like to shop? Everything you need is close by when you live at 50 Wellesley Street E, including Terry's Hair 384 YONGE #63, Ins Market and Cumberland Terrace which are only 16 away.

    Art and culture seekers can enjoy amazing attractions nearby like The Window Gallery YYZ, NUIT ROSE Art Bar and Boroheads Glass Gallery, less than 5 minutes walking distance from here.

    50 at Wellesley Station Condos is a short drive away from da Vinci School and Westside Montessori School, giving you plenty of choice for your child’s education.

    Transportation

    With a 99 walk score, public transit users can reach the nearest light transit stop at Wellesley Station in just minutes. Residents have access to the subway stop at Wellesley, which is only 2 minutes walking distance from the building.

    Curious about similar condos in the area? Check out 28 Wellesley Street E, 22 Wellesley Street E and 19 Dundonald Street — all within walking distance.

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    9

    Listings For Rent

    Interested in receiving new listings for rent?

    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 50 at Wellesley Station Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 32 condos in The Village area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    82
    Units were Rented over the past twelve months

    Best Value Rank

    50 at Wellesley Station Condos offers the
    ?
    best value out of 32 condos in neighbourhood

    Appreciation Rank

    50 at Wellesley Station Condos has the
    ?
    highest ROI out of 32 condos in neighbourhood

    Rental Yield

    50 at Wellesley Station Condos yields the
    ?
    highest rent prices out of 32 condos in neighbourhood

    High Demand

    50 at Wellesley Station Condos is the
    ?
    most popular building out of 32 condos in neighbourhood

    Transaction Insights at 50 Wellesley Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$577,000 - $640,800$752,000$902,000No DataNo Data
    Avg. Cost Per Sqft$1,499$1,273$1,241No DataNo Data
    Avg. Wait for Unit Availability102 Days87 Days43 DaysNo DataNo Data
    Ratio of Units in Building17%44%39%1%1%

    Maintenance Fees

    50 at Wellesley Station Condos vs The Village Area

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